Tom Baldwin in Washington
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Barack Obama announced yesterday that he had smashed fundraising records for a Democrat presidential candidate after receiving $32.5 million (£16 million) between April and June.
The total, of which all but $1.5 million is for the primary elections in which Democrats will choose the presidential nominee, eclipses the estimated $27 million raised by Hillary Clinton – the front-runner.
Many observers have suggested that Mr Obama’s campaign is beginning to falter after a series of diffident displays in presidential debates have added to the impression that he lacks substance and experience.
His campaign’s disclosure of his fundraising receipts shows that his candidacy is still generating extraordinary excitement in the party’s grass roots and on the internet. His money came from more than 258,000 donors, many of whom have made multiple contributions of small sums. “We now have hundreds of thousands of Americans who are ready to demand healthcare for all, energy independence and an end to this war in Iraq,” Mr Obama said yesterday. “That’s the kind of movement that can change the special interest-driven politics in Washington and transform our country.”
Mrs Clinton’s total, which in any other year would itself have been a record for a Democrat candidate, is thought to have come mostly from mining the list of established donors who backed her husband, Bill, in previous campaigns. Under American campaign law, individuals can give a maximum of $2,300 to a candidate in the primary race and another $2,300 for the general election.
It was not clear last night how much of Mrs Clinton’s money was reserved for a later contest against the Republican nominee.
Recent polls have shown that she has widened her lead to about 14 percentage points against Mr Obama, as well as other Democrat candidates such as John Edwards and Bill Richardson. Mr Edwards was expected to declare that he had met his fundraising target of $9 million, down from the $14 million he received in the first quarter of this year, while Mr Richardson is thought to have raised at least $7 million.
David Plouffe, Mr Obama’s campaign manager, said: “Some of our opponents have tried to deflect attention from the obvious power and momentum of the movement we’re building by pointing to national polls that are all but meaningless.” He pointed out that previous Democrat front-runners have seen their polling leads evaporate when other candidates became better known to voters.
Charlie Cook, the National Journal’s respected political analyst, said: “Unfavourable polls rarely force presidential candidates out of races, but campaigns do run out of money because the polls are unfavourable. That judgement day might be approaching.”
The quarterly returns of John McCain are likely to be subject to intense scrutiny when they are published in the next fortnight. He reported to the Federal Election Commission that he raised $13.1 million in January, February and March, a figure easily beaten by two of his Republican rivals, Mitt Romney and Rudy Giuliani.
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National polls are meaningless and are made up.. but 258000 donors in contrast to only 60000 donors for hillary, that is not a lie but pure and simple truth...
jeff, chicago, IL
There is no other way to put it: not only did Sen. Barack Obama set a record for single quarter donations by a Democratic candidate, but his fundraising total -- $31M from 154,000 new donors -- imposes an obligaton on those who measure national polls are performance indicator: we need to figure out why the "national" frontrunner, Hillary Clinton, isn't generating as much excitement as her chief competitor.
National Polls in the US at this stage of the campaign do not mean much. The other factor that may show you why Obama is doing much better than Hillary is the number of donors. 258,000 is simply unprecedented. If Hillary and Bill Clinton combined can not beat the unknown Sen. Obama, it tells you that Obama is ahead of the game one million times. It is important to note that most people use their cell phones and not the land-line phones these polls are based on
Amos Ajo, Atlanta, USA
Once again the US showâs the world what true democracy is. Winning an election does not require intelligence, ideology and wit; it requires money and everything money can buy â not quite sure how that differs from many other nations east of Europe.
No we donât blame Bush for the weather but we do blame Bush for lying and inciting hatred of all the good things that the West spent so many years building. I have worked outside Britain since the 1960s and have always been looked after by every country I have worked in: N. S. E. & W. We might differ on minor points but we agree on 98% of what is important â caring for each other. Unfortunately Bush has managed to undo so much of what the US once achieved and I pity Americans abroad â you are so often despised and considered arrogant rather than being seen for what most of you are â people who care for each other. Please discover a way of running elections that are not based on the little rich boy syndrome â the world would be far safer.
Mark, Malmö, Sweden
It only takes one generous American to break the fund-raising barrier. If the US were a true democracy it would sharply limit donations from indiviudals and companies, and provide a certain amnount of government funding to candidates.
Emma Hawhtorne, Ottawa, CAN
I agree with Ms Hawthorne. In fact, nearly all Americans agree with her. It is a self-perpetuating problem that is at the root of all our failing policies. A bigger more ideologically charged question can be asked: Is democracy intended to serve capitalism? or Is capitalism intended to serve democracy?
Michael , DC/Baltimore, US
RE: Emma
Government funding for presidential hopefuls would never strengthen a democracy. In what warped definition would limiting a persons donations create a "true democracy"? Less government interference should always be predominate.
William Griswold, Seattle, WA USA
$32.5 million huh? You know, I'm sure i could come up with some much better uses that i could put 32 million dollars to then campaigning to become president. Feeding and sheltering the homeless, adopting a kid in a third world country, supporting your local charity. These are things you could do now. Once you are president you'll have to sit through committees, ride around in your billion dollar jet, your thousand dollar limo, and eat at pricey restaurants.
It just seems wrong to me that the person that wins the presidency isn't going to be the one with the best policies, or the one with the best ability, it's the one who can raise the most money and convince the most people whether he is the best or not.
Spikeles, Cairns, Australia
There is no other way to put it: not only did Sen. Barack Obama set a record for single quarter donations by a Democratic candidate, but his fundraising total -- $31M from 154,000 new donors -- imposes an obligaton on those who measure national polls are performance indicator: we need to figure out why the "national" frontrunner, Hillary Clinton, isn't generating as much excitement as her chief competitor.
National Polls in the US at this stage of the campaign do not mean much. The other factor that may show you why Obama is doing much better than Hillary is the number of donors. 258,000 is simply unprecedented. If Hillary and Bill Clinton combined can not beat the unknown Sen. Obama, it tells you that Obama is ahead of the game one million times. It is important to note that most people use their cell phones and not the land-line phones these polls are based on.
I am in agreement with David Plouffe, "national polls at this stage are meaningless.â Donors are meaningful!
Amos Ajo, Atlanta, USA
I agree with Ms Hawthorne. In fact, I think nearly all Americans agree with her. It is a self-perpetuating problem that is at the root of all of our failing policies. A bigger more ideologically charged question can be asked: Is democracy intended to serve capitalism? or Is capitalism intended to serve democracy?
Michael, DC/Baltimore, US
The big question still remains unanswered: Who "made"
Obama into a national figure? He was just one of thousands of local elected officials in America and had only seven years experience in office when he was tapped to give the prestigeous keynote address to the 2004 Democratic National Convention. Even before his speech, he was being heralded as a potential presidential candidate in 2008. So, who IS the kingmaker behind Obama?
Bob Evans, Anaheim, California
Being an American, I agree with Ms Hawthorne of Ottawa. That being said, there have been attempts to legislate public financing, and to limit private and corp. financing (see McCain/Feingold). Unfortunately, there are loopholes as big as rhinos to get around these limits. Apparently, once one gets into Congress the pressure of the Green(backs) from lobbyists is tremendous and even the well intentioned succumb. My only wish now is that some freshman Senator or Representative (maybe Peter Welch, my Vermont Rep.) will take the bull by the horns and seek stricter limits with harsher penalties to curb this insanity.
Kevin P. Downey, Wilmington, Vermont, USA
the polling cannot be a measure anymore unless they figure out how to update the system. Polling is done on landlines. The majority of people now have broadband or cells. and more people are not home much.
They cannot get a really accurate number.
Plus the Obama campaign is attracting scores of moderate republicans and independents. He is also getting first time voters. These are all people who would not be polled.
The amount of people donating is a better gauge on how the campaign is doing and his numbers are huge.
As for the debates.
the people voted for Obama but the msm never gave that out. Hillary is the one lacking substance. or policy. She gives easy applause lines and that is how our remedial press scores the debates. Her experience is borrowed from her husband's resume.
When the press begins to tell how we feel and not spin for Hillary on the debates, the scoring would be different.
But, they are bought by the Clintons.
d. lake, machesney park, IL, USA
Obama's ability to raise money is likely tied to grass roots concern that Mrs. Clinton is not electable in a nationwide contest. She will, however, be hard to beat in the primaries. If she can convince him to do it, Obama will make a good vice presidential candidate in the 2008 election. It's not yet his time.
Mike, Knoxville, TN
It only takes one generous American to break the fund-raising barrier. If the US were a true democracy it would sharply limit donations from indiviudals and companies, and provide a certain amnount of government funding to candidates.
Emma Hawhtorne, Ottawa, CAN