Do you remember when Lee Majors played Colonel Steve Austin, an astronaut who suffered an accident and was rebuilt by the Office of Strategic Intelligence (OSI)? Austin was the world’s first bionic man. He had a bionic eye which could see for miles; he had a bionic arm and two bionic legs to help him run really fast. Colonel Steve Austin was the “$6 Million Dollar Man” but that was all fiction.
Today, we have a real life $100 million dollar man. Yeah, I know, Barack Obama doesn’t have a bionic eye or bionic arms and legs. And no, he isn’t Superman; he can’t leap tall buildings in a single bound. He often points out that he is imperfect but he demonstrates that he is willing to work hard so that our government will do good by and for the American people.
Senator Obama seems to have a bionic infrastructure and for that I am glad.
Leading Democratic fundraisers are saying that Senator Obama is likely to raise hundreds of millions of dollars over the next few months if he decides not to take public financing and instead raises money the way he did for the primaries.
They are saying that Obama could raise $100 million in June and could attract 2.5 million to 3 million new donors to his campaign. Wow!
The three factors that contribute to this thinking are a) a boost of enthusiasm among Obama donors following his clinching of the nomination; b) the migration of Senator Hillary Clinton’s donors to his camp and c) the mobilization of big Democratic donors who have given little so far this year.
These projections give Senator Obama strong incentive to pass up the $85 million in public funds that his opponent, Senator John Cain said he would accept.
I for one believe that Obama should not accept government financing. Why give up an advantage he has? Why restrict himself to spending $85 million between the end of August and Election Day? This is a competition; he has to use ANY and ALL advantages he has. If John McCain wants to accept government financing he should.
Imagine Obama raising $100 million in June and what that can do for the Democrats.
Steve Grossman, former chairman of the Democratic National Committee (DNC), said that if Obama skips federal campaign funds and raises money through November, he would have 4 million to 5 million donors by Election Day.
If those new donors give amounts similar to what Obama supporters have given so far this election cycle, Obama could raise another $630 million for his campaign. He raised $272 million through the end of April from about 1.5 million donors. Grossman predicts the infusion of Clinton fundraisers into Obama’s campaign would “turbo-charge [fundraising] results over the next six [to] seven weeks.”
The Democratic committee has only $5 million in its war chest, compared with $41 million that the Republican National Committee has saved, according to reports made public last month.
Obama has established a joint fundraising committee with the DNC that will allow Obama’s biggest donors to give up to $28,500 to the party committee.
Alan Kessler, who served as one of Clinton’s national finance co-chairmen, said that Obama’s record-breaking fundraising has left little doubt that he could raise $100 million in a single month, a total that would have been considered impossible a few years ago.
Kessler said, however, that Obama may not break the $100 million mark until July, when fundraisers and donors who supported Clinton’s campaign have had a chance to recuperate from her primary loss.
“There are some who are still emotional and a little angry over how some things went,” Kessler said. “Some are waiting to see how Obama reaches out to Clinton and whether there’s an offer or discussion involving the vice presidency.”
Kessler said that many Clinton donors would follow her lead and support Obama, “but a number want a little breathing time after a grueling 16 or 17 months of fundraising.”
So folks, if you can, now is a good time to make a donation to Senator Obama’s campaign. Let’s go kick some republican butts!!!