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May 17, 2008

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Clinton Campaign Hits Fundraising Peak

According to a conference call held this afternoon, the Clinton campaign has bested its January fundraising haul of $14 million (a record for the campaign up to that point) with a stunning February fundraising haul of $35 million.

The pace of $1 million a day is roughly matches Obama's pace from January. We have yet to see Obama's February numbers.

The Clinton campaign is really hitting its stride in the money department. Campaign Chairman Terry Mcauliffe said on the call that their internet fundraising exploded when the campaign announced that Clinton was loaning herself $5 million, and that the excitement online has continued since.

This continues a pattern we've seen emerge this primary season: every time a candidate loses an important primary, their low-value online fundraising shoots up the next day. I guess it's time for a new maxim. When it comes to presidential fundraising, nothing succeeds like failure.






Comments

Remember the days when McCain-Feingold was going to take money out of politics? Now, people are more aware of how much money is raised, but have no idea about the issues.
Wonder what would happen if the maximum amount you could give was reduced to $50? Then do you think that candidates would be raising $100m a month?

Posted by: kirkbrew on 02/29/08 at 7:31 AM  Respond

And the money is from the grassroots. I know I have given money, even up to $100 to get Hillary's ad of her closing remarks in the debate on in key primary states Pennsylvania, Ohio and Texas even though I am unemployed. Or maybe because I am.
Hillary can create jobs and as a man of less than great health, I have diabetes2 and some heart issues, 2 stents in an artery, high blood pressure and high cholesterol, I believe in her health program, so I keep on giving.
I just hate to see the bad spin that I see from magazines that I subscribe to like MJ, The Nation and American Prospect. Indeed, since my mother's death in 2007 I have been distracted, but I don't remember seeing anything flattering of her in any of them.

It would be very informative to have the money spent by each of the candidates in the various primaries. Had people known how extravagant the funds laid out in Iowa by the Obama staff were, the results would have been seen in a very different light indeed.

Posted by: Kathy Giannini on 02/29/08 at 1:55 PM  Respond

If nothing succeed as failure, as you said, how comes Obama raised $50 million in the same time frame, which is $15 million more than Hillary?

Posted by: Lilian on 02/29/08 at 2:49 PM  Respond

If nothing succeed as failure, as you said, how comes Obama raised $50 million in the same time frame, which is $15 million more than Hillary?

Posted by: Lilian on 02/29/08 at 2:50 PM  Respond

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