Obama enjoys 10-1 financial edge over Romney

[Still a Democrat]

President Barack Obama's re-election effort enjoyed a 10-to-1 financial edge over Republican rival Mitt Romney last month, out-raising the former Massachusetts governor by millions as Obama stuffed more than $104 million into his campaign war chest.

A nasty primary battle between Romney and his GOP rivals took a financial toll on his presidential campaign, which raised $12.6 million in March and left Romney with about $10 million in the bank by month's end. All told, Obama and the Democratic Party raised a combined $53 million in donations during that period, while Romney with his party pulled in about half of that.

Still, an anticipated fire hose of cash from major Republican "super" political committees and the Republican Party is likely to bring some financial parity to the general election, for which Romney only recently started collecting donations. Super PACs like American Crossroads and its nonprofit arm, Crossroads GPS, raised $100 million this election cycle, and the groups plan to flood the airwaves in coming months with ads critical of Obama.

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http://www.google.com/hostednews/ap/arti...7cd59d5e25

[MilesColtrane]

(04-20-2012 05:44 PM)Still a Democrat Wrote:  ...from major Republican "super" political committees and the Republican Party is likely to bring some financial parity to the general election...

Indeed.

Individual campaign reserves are no longer the single most important metric in determining a candidate's effectiveness in saturating the media.

This is the first Citizens United Presidential campaign. The old rules don't apply.

[Treestar]

that's good news; I had been thinking it was the opposite. The campaign sent emails with "we are being outspent!" Must have worked!

[pappy]

(07-24-2012 12:45 PM)Treestar Wrote:  that's good news; I had been thinking it was the opposite. The campaign sent emails with "we are being outspent!" Must have worked!

No matter how much the official Obama campaign raises they will be outspent by Romney's "super-pacs". The money Romney spends is going to be laughably small compared to the amounts his pacs will spend.

[OptimistesMaddie]

(07-24-2012 01:05 PM)pappy Wrote:  

(07-24-2012 12:45 PM)Treestar Wrote:  that's good news; I had been thinking it was the opposite. The campaign sent emails with "we are being outspent!" Must have worked!

No matter how much the official Obama campaign raises they will be outspent by Romney's "super-pacs". The money Romney spends is going to be laughably small compared to the amounts his pacs will spend.

commercials and other media they are spending their money on. So far Romney hasn't come out with anything new - as in what he would do to move the country forward. Also, have you noticed most of his commercials are in response to President Obama's commercials...he can spend a ton of money but it doesn't mean it's quality.