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Romney raising cash from traditionally Democratic cities

FairLady 2012/08/22 01:05:01
Good for Mitt, more chances he will win
Doesn't mean a thing ... Obama will win
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Republican presidential candidate Mitt Romney, who is
out-fundraising President Barack Obama by impressive margins, is
attracting thousands of donors this summer from traditionally Democratic
areas of the United States, collecting millions of dollars in even
progressive communities from New York to Los Angeles, according to an
analysis by The Associated Press of new campaign data.



Donors from tony neighborhoods of Manhattan to even the famously
liberal Castro neighborhood in San Francisco helped Romney and the GOP
outraise Obama by more than $25 million in July, beating him and the
Democratic Party in contributions for a third consecutive month, the AP
analysis showed.



Romney collected at least $630,000 by mid-summer from New York City,
the home to major Romney fundraiser and New York Jets owner Woody
Johnson. More than $100,000 of that came from investment bankers, who
have cooled to Obama since he supported tougher regulations for Wall
Street following the financial meltdown and housing crisis in recent
years.



More than 2,000 miles away on the West Coast, Romney collected at
least $350,000 since June in the San Francisco Bay Area alone, with
average contributions of $400 apiece. The Bay Area is also the home of
Dick Boyce, a former partner of Romney's at Bain Capital and a GOP super
PAC donor who is active in fundraising for Romney this election.



The money race has become a critical bellwether in the presidential
campaign, which is expected to cost more than $1 billion. Obama is not
only losing the money race but also is being outspent on the airwaves,
thanks to millions of dollars in ads from independent "super" political
committees funded by wealthy donors who oppose Obama and his policies.



Romney and the Republican Party are also making financial inroads in
traditionally liberal cities across the nation, including Austin, Texas,
and Obama's hometown of Chicago. These include small and large
contributions, from $200 to the maximum $30,800 allowed under federal
law to political parties each year.



In Denver, the home of the 2008 Democratic National Convention,
Romney supporters this summer contributed more than $400,000 -- enough
to pay rent, utilities and staff for a campaign field office. And in
Philadelphia, where Obama handily beat McCain four years ago, Romney
took in more than $250,000 since early June.



Romney's campaign has made a furious effort in recent months to step
up its fundraising against Obama, who came to office four years ago with
a fundraising operation that brought in a record-breaking $750 million
for his election. Romney's campaign set an ambitious goal earlier this
year of more than $100 million by summer's end with a goal of $800
million by November.



But now, Obama and his advisors publicly acknowledge the president
will likely be outspent by November. Romney and the GOP reported a
combined $101 million in fundraising last month, while Obama and the
Democrats together said they raised $75 million.



Romney supporters have pointed to a withered economy and have said
failed promises are driving contributions to the former Massachusetts
governor's campaign for the last two months. A Florida donor for Romney,
who raised $10,000 alone at a lunch this week, said donors represented
to him they are mostly upset with the economy or are business owners
unhappy with regulations. The donor spoke on condition of anonymity
because he's not allowed to speak for the campaign.



The AP's analysis mapped addresses of a quarter-million donors to the
GOP or Romney's presidential campaign. It then cross-referenced those
records with traditionally Democratic city or metro area boundaries and
examined ZIP codes for which donors have seldom, if ever, contributed to
the Republican candidate.



The analysis excluded supporters who gave fewer than $200 because,
under federal law, campaigns aren't required to disclose details about
such small contributions. High-dollar donors have been essential to
Romney's election effort, unlike Obama, who relies on a greater share of
smaller checks.



The Democratic National Committee and Obama both spent more than they
took in last month as the president expanded his campaign operations
and purchased millions of dollars in television advertising to compete
with rival Mitt Romney and millions of dollars in super PAC ads working
in his favor.



To be sure, while Romney for now has a significant financial
advantage, he is trailing Obama in terms of paid staffers who in part
coordinate the campaign's ground operations. The new finance reports
show Obama's campaign paid about 800 staffers around the nation -- not
counting volunteers -- while Romney had fewer than half that number.



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Top Opinion

  • Rodney 2012/08/22 02:06:20
    Good for Mitt, more chances he will win
    Rodney
    +7
    I think this says all that needs to be said.
    Cartoon

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