Custom Search

Thursday, June 7, 2012

Mitt Romney Raises More Money Than Obama In May: $76.8 Million To Obama's $60 Million! (NO Jobs!)

Visit for breaking news, world news, and news about the economy

Immediately after the Recession, from January 2009 to January 2011 if Democrats had focused on stopping widespread Employment Discrimination & passed a WPA type JOBS Program instead of wasting Money on Egg Head Think Tanks & Political Favors, many BLACK & Latino Obama Supporters would have more Money to Donate for Pres. Obama's re-election in 2012.

Instead as it stands Millions of BLACK & Latinos are now Jobless and BROKE!
Thus Mitt Romney's Supporters (Regular Donors) are able to Donate More to his Grassroots Campaign Coffers than Pres. Obama's Supporters. (Regular Donors)

Thanks for Nothing Congressional Democrats!

Mitt Romney raises more money in one month than Obama for first time in race for White House

Mitt Romney pulled in more money than President Obama in May, further shaking a White House race that is shaping up to be a nail-biter.

Romney and the Republicans hauled in $76.8 million last month, far more than the $60 million raised by Obama and the Democrats.

This is the first time that Romney has outraised the incumbent and it comes as national polls show the race tightening dramatically as the economy continues to sputter.

Both men’s May total significantly outpaced what they raised in April.

For Romney, it was the first month when - as the clear GOP nominee - he was able to jointly raise money with the Republican National Committee.

"Our strong fundraising is a sign that Americans are tired of President Obama’s broken promises and want a change of direction in the White House," RNC Chairman Reince Priebus said.

Obama’s haul - a significant jump from the $43.6 million he and the Democrats raised last month - was in large part attributed in part to his support of same-sex marriage.

Obama announced the total over Twitter.

“The campaign raised more than $60 million across committees in May,” the President said. “Thanks to everyone who chipped in.”

Obama’s total including donations came from 572,000 people and 147,000 first-time donors - many of whom opened their wallets after the President became the first occupant of the White House to endorse same-sex marriage.

The total was also boosted by a record $15 million raised at a fundraiser at George Clooney’s Los Angeles home.

The average donation to the President’s re-election bid during May was $54.94, continuing the Obama campaign’s success of wooing small donors.

By the end of April, 43% of Obama’s donors gave $200 or less, according to a study by the Campaign Finance Institute, a Washington research group.

Meanwhile, only 10% of those who gave to Romney during that period made donations of less than $200, pointing to the Republican’s reliance on fat-cat donors.

However, Romney had more success with the small donors in May, as his campaign boasted that 93% of gifts received that month were less than $250.

Obama now has raised approximately $277 million so far this year while Romney has totaled about $175 million. However, Romney is also expected to wield a significant advantage in money raised by the parties’ respective Super PACs.

Both men have aggressively hit the fundraising circuit in recent weeks, stockpiling cash in advance of what will likely be the most expensive election in history.

Obama and Romney have each criss-crossed the country, venturing into friendly and enemy territory alike to raise money.

Romney just completed a two-day trek through Texas that was expected to rake in $15 million.

Meanwhile, Obama hit four fundraisers in California - including one with a gay group - Wednesday and has one more scheduled for Thursday morning before he departs for Las Vegas to give a speech on jobs.

The fundraising totals continues a difficult stretch for Obama, who has been left reeling by a series of disappointing economic news.

Sources: MSNBC, NY Daily News, Youtube

No comments: