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
Polliwog the 'Ette: "On Kindle I've read Sarah Hoyt's "Witchfinder" and ..."

Moki: "He is risen indeed!!! Happy Easter to all of yo ..."

RWC: "248 "Well I haven't seen Divergent, but it seems v ..."

Kindltot: "I thought Bonhoeffer was considered more of a mart ..."

Kristophr: "Mario Vargas Llosa is a big "L" Libertarian. Ye ..."

chemjeff: "Happy Easter everyone ..."

Maj. Beauregard Pug, Continental Army: "[i]241 "They say he is box office poison now which ..."

JoeyBagels: "If the early Christians tried to kill Nero-and fai ..."

Anna Puma (+SmuD): "Meanwhile the guy who commanded the Blue Angles tw ..."

Misanthropic Humanitarian : "151 In other words, the act itself would not dis ..."

Polliwog the 'Ette: "I read somewhere that the IRS worried Robert Lynn ..."

phoenixgirl @phxazgrl : "love in the time of diarrhea & vomiting.....sounds ..."

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