Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!





Recent Entries
Democrats on Election Board Rule Senator Lugar & Wife Ineligible To Vote In Home District Due To Lack of Residency | Main | Awesome 1: 20 Million Extra People Will Lose Their Private Health Care Under ObamaCare
Awesome 2: And This Is Going to Cost Double What We Said It Would
March 15, 2012

Karl Rove: Obama's Crude Lottery-Solicitations Point To His Problems Raising Cash

Good article. Rumors of a billion-dollar warchest may have been greatly overstated.

[Mmany of Mr. Obama's 2008 donors are reluctant to give again. The Obama campaign itself reported that fewer than 7% of 2008 donors renewed their support in the first quarter of his re-election campaign. That's about one-quarter to one-third of a typical renewal rate: In the first quarter of the Bush re-election campaign, for example, about 20% of the donors renewed their support.

There are other troubling signs. Team Obama's email appeals don't ask for $10, $15, $25 or $50 donations as they did in 2008, but generally for $3. Nor are the appeals mostly about issues; many are lotteries. Give three bucks and your name will be put in a drawing for a private dinner with the president and first lady.

This is clever marketing, but it suggests the campaign has found that only a low price point with a big benefit can overcome donor resistance among people who contributed via mail or the Internet in 2008. It also points to higher-than-expected solicitation costs and lower-than-expected fund-raising returns.

The final financial challenge facing Mr. Obama's campaign is how fast it is burning through the cash it is raising. Compare the 2012 Obama re-election campaign with the 2004 Bush re-election campaign. Mr. Obama's campaign spent 25% of what it raised in the second quarter of 2011, while Mr. Bush's campaign spent only 9% in the second quarter of 2003. In the third quarter it was 46% for Obama versus 26% for Bush; for the fourth quarter it was 57% versus 40%. In January 2012 the Obama campaign spent 158% of what it raised, while the Bush campaign spent 60% in January 2004.

At least he's consistent. He spends his money like he spends ours.

Thanks to Dave in Fla.


digg this
posted by Ace at 02:01 PM

| Access Comments




Recent Comments
hates Goodell and his NFL with the heat of a thousand suns: "Kick off after half.Flag.FFS. Enough already!!! ..."

All Hail Eris: "Okay folks, it's time to fluff the pillows and hit ..."

Blacque Jacques Shellacque: "[i]Where do you like to go to enjoy Fall?[/i] T ..."

King Putt: "Fear?  Fear is when you have a 7 footer for y ..."

All Hail Eris: "More Gowdy porn (Part 3): http://tinyurl.com/kema ..."

rickl: "I'm still reading the comments at the Guardian art ..."

Peggy Joseph: "118 speaking of phones, anybody have any leads on ..."

Brother Cavil: "Devugg? Festivus already? Fine then, I'm going t ..."

Neil Degrassee: "The important question is how much Pras loves scie ..."

Jason Garrett: "Hey Rex, talk to me when you ice your own kicker. ..."

weft cut-loop [/i] [/b]: "[i] He is kind of an idiot however, in that he do ..."

Rex Ryan: "I lost my footing with that time-out. ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64