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For months, President Barack Obama has urged his supporters to donate money to his campaign, warning that his Republican challenger, Mitt Romney, will likely outpace him in fundraising. Now, for the first time this election cycle, Obama is putting some of his own money into his war chest.
On Tuesday, the Obama campaign released a YouTube video that shows the president donating $5,000 – the federal maximum allowed per person – to his campaign fund. The video opens with the president sitting at a computer, telling his supporters: “First of all, I think everybody should know that I really care about this campaign and I believe in what our administration is doing and I want to make sure that folks know I’m not just talking the talk, I’m walking the walk.”
He assures voters that the first lady is on board: “I have cleared this with Michelle; I want everybody to know.”
A YouTube video shows President Barack Obama donating to his own campaign for the first time. His Republican challenger Mitt Romney has fundraised more than him for the last two months.
But the issue of campaign finance is no laughing matter for team Obama (which includes the Obama Campaign, Obama Victory fund and the Democratic National Committee) which has been outpaced in fundraising for the past two months by team Romney (the Romney Campaign, the Republican National Committee and the Republican National Committee Victory Fund).
The Obama campaign remains on top, with nearly $100 million in its coffers, according to federal election data at opensecrets.org. The Romney campaign, by contrast, has slightly more than $20 million.
Still, Republican-leaning super PACs have trounced their Democratic counterparts when it comes to hauling in cash. By all accounts, the super PACs have tipped the overall fundraising scales in the Republicans’ direction.
It is not unusual for candidates to donate to their own campaign. According to Romney aides, he and his wife each donated $75,000 to the Romney re-election effort including the RNC and Romney Victory Fund in May.
But for Obama, this is a shift. In 2008, then-candidate Obama did not contribute to his campaign, according to an Obama for America official.
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Solely for tax right-off purposes while he gets ready to tax us to death with his Obamacare crap.
I am surprised he had the money after he bought the $6800.00 jacket for his wife. Wounder which bank account it took it from. You know those evil 1% with all there bank accounts.
If he really care he would of put that money to better use like in his big plans to make it better for his non-working people to make them more better living life no he spends it on a dumb campaign boy he really knows how to spent money
So what? More news media in search of a meaningful story.
Devdoc12able...
Romeny's HORSE collected as a tax refund the amount equal to my full time wages.
Got anything less cynical as a retort to this factual statement of mine? How is what I said funny or otherwise laughable?
Romeny's horse just had to look pretty and do NOTHING to collect my full wages as a "write off" refund. A rich man's hobby earned him a dip into the treasury, while my hard work (literally) earned the same amount in wages. My contribution in taxes was much less than that, yet still MORE than Romney's 13.9%. Go figure the FAIRNESS in any of that!
A rich man can deduct a hobby (horse) and take back the amount a middle class full-time worker earns during that entire year. The middle class worker still pays more than Romney's 13.9% share in taxes. Warren Buffett, the second richest man in the world agrees with the overwhelming majority of Americans that THAT IS NOT FAIR!
TAX THE RICH MORE to allow them to actually share more fairly in the tax burden. Billionaires need no tax breaks added to their already shameless NON-PAYMENT of waht's fair. Fairer Taxes for thr rich NOW!
Vinyl you need to quit this division read #83 and maybe you'll learn something
Great Ad Mr. President! Let's get to work and get you re-elected.
Obama - Biden 2012
Boy needs all the help he can get...
Typical cheapskate liberal, spends other people's money like it's going out of style, not his own. How much did Biden give, $2?
yeeess yeesss moooorreee mmmmmooorrreee yyyyeeessss ddddeeepppeeerr dddeeepppeeerrr
Pathetic.............
Too funny....Obama's donation "request" on his website for people to donate in lieu of a wedding gift to their friends FAILED!!
So I'm supposed to DONATE to the King instead of giving my niece a wedding gift? (in this economy?)
the man has NO conscience.......
The lunacy of Hussein is just amazing. I had to go back and replay his speech but OBummer said it!
"The private sector is doing fine"
"We need more public sector jobs"
Bye Bye OBummer 2012!
Jello heads!
For a guy that has millions he gives just 5 grand? Apparently he has no more confidence in himself than most of the nation. Nobama 2012!!!!
Obama has 100 million to fund his campaign and Romney has 20 million. And yet liberal dems who suckle at Obama's teat still convince themselves that Romney and big bad corporate America are burying their valiant hero Obama under mounds and mounds of cash. Apparently left wing liberals are no better at math than they are at ethics.
“I will be held accountable,” Obama told NBC’s Matt Lauer on Feb. 1, 2009. “If I don’t have this done in three years, then there’s going to be a one-term proposition.”
Its about the ECONOMY jello heads!
Bye Bye OBummer 2012!
...
Looks like it is time for another round of hollywood and NBA fundraisers.
...
Patty-Virginia Beach Your right! Chicago politics at its best.
Last Friday, First Lady Michelle Obama attended an Olympics reception and wore a J. Mendel cap sleeve jacket from the 2013 Resort collection.
The price-tag? $6,800.
And King Obama ONLY gave $5,000 to himself? Guess we know who is QUEEN in this Family!
Yeah, right.......she "cares" about poor children!
Team Obama spending more on campaign than taking in; like our government. Sounds like Team Romney may have a successful media blitz September/October, outspending Obama 2-3 to 1. Team Obama may have made a strategic mistake when they heavily spent early on trying to smear Romney with just minimal success.
OK so Barack Obama takes $5,000 that was paid to him by the American Tax Payer and donates it to his own campaign, and then come January 1st. 2013 he writes off a campaign contribution of $5,000 on his taxes as a tax write-off. Pretty smooth........
WOW! It's a double win for President Obama!
"VOTE MITT ROMNEY THIS NOVEMBER FOR A BETTER, STRONGER AMERICAN ECONOMY"
"VOTE MITT ROMNEY THIS NOVEMBER FOR A BETTER, STRONGER AMERICA"
This is called a "Barack Obama "DOUBLE DIP".......or it's the Prez taking money out of "both of your pockets" while your not looking.....
I think politicians should be funding their own campaigns, period! None of this donation stuff that can result in favourtism and promises.
I agree........
They should pass a LAW with a Cap on how much any Politician can Spend during their Campaign....
Would level the playing field and make it Fair.....instead of Spending BILLIONS when there are Americans with no job and no food!
“First of all, I think everybody should know that I really care about this campaign" Yes, and that's all he cares about, Campaigning. How about trying to get a budget through, addressing the suckey unemployment rate, how about the record poverty rate, nooooo, back on the campaign trail we go. Way to go Dingle Barry.
Another knee jerk reaction by Obama's team. Thety can't even get simple everyday facts right. And theses idiots are in the WH!!!!
"The White House apologized Tuesday to Fox News contributor Charles Krauthammer for lambasting him over saying President Obama removed a bust of Winston Churchill from the Oval Office – an act that Krauthammer had argued was symbolic of the president’s failure to appreciate the United States' close allies.
White House Communication Director Dan Pfeiffer said in his apology that his comments on the official White House blog – including one dismissing Krauthammer’s claim as “ridiculous” – were the result of “internal confusion” about two Churchill busts.
“I take your criticism seriously and you are correct that you are owed an apology,” Pfeiffer wrote in an email that Krauthammer asked be made public. “There was clearly an internal confusion about the two busts and there was no intention to deceive.”
Read more: http://www.foxnews.com/politics/2012/07/31/bust-gate-mea-culpa-white-house-sorry-for-confusion-over-winston-churchill/?test=latestnews#ixzz22Is7peqc
NoBama is too busy CAMPAIGNING, playing basketball, and golf to even "remember" that he insulted the Brits and returned the Churchill bust!
Queen Michelle is too busy traveling and spending $6,800 for a jacket to even KNOW (or care) that they snubbed the Brits the first month in the WH!
Patty, please get you fellow Virginians to vote Romney, so we can stop the incompetence from ruining the nation any further.
"KingK"
I'm doing my best.......
:-)
Even have my Mother turned around...she voted for NoBama but NOT, NOT, NOT this time!
I'm working on them here in NH and quite a few former Obama voters will not be voting for him this time around in the Granite State. And of course, they are not contributing to his empty rhetoric campaign.
Meanwhile, Mr. Obama's economy continues to stagnate and there is no foreseeable end in sight.
Wonder how much Cheapo Biden has donated?
He Averaged $300 per year to Charity before becoming VP!
And Queen Michelle spends more than that on ONE designer gown to insure staying the the best dressed list!
SUCH hypocrites!
Isn't it a sad commentary that Mr Obama has to try and goad people into donating to his campaign. His ideas and practices are simply not moving people to donate. And isn't it ironic that, the very people Mr. Obama is trying to get to cough up the dough for his campaign, can't afford to do so because his policies and practices have left them broke and without jobs.
Next he'll be standing on the corner with an acordian, a monkey and a cup!
He should have saved that money for his vacation! Oh, sorry he is always on vacation.