Submitted By Todd on August 23rd at 8:42am
5 million bucks...
$52 million to $46.7 million. The Republican committee also ended the month with more cash on hand that its partisan counterpart, with $21.8 million to the DNC’s $16.3 million.Okay, it's not a big lead. That's not the point. If one believed media coverage through the year, the RNC would be on life support, not doing just fine against the Dems, who, after all, do have the advantage of the Presidential Money Machine.
Powered by a pair of fundraising events headlined by President Obama, the Democratic National Committee raised $9.3 million in July — its best month of fundraising during the current 2009-2010 campaign cycle... notable contributors to the DNC in July included fashion designer Calvin Klein ($30,400); David Stern, commissioner of the National Basketball Association ($30,400); Anna Wintour, editor in chief of Vogue magazine ($30,400); and John Donahoe, president and chief executive officer of eBay Inc. ($15,200).Guess which party can now brag about populist support and small donations?
While the DNC attracted more large donations in July, the RNC drew a much bigger share of its receipts from smaller donations that aren’t itemized on the campaign finance reports.Let's not forget that the President's popularity continues to slide, and with it, the motivation for Congress to do his bidding.
The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 27% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-one percent (41%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -14. These figures mark the lowest Approval Index rating yet recorded for this President. The previous low of -12 was reached on July 30.This is not an optimistic time for Democrats. Even after they cobble together some sort of watered down health care reform that can pass, much political capital will have been lost. What will be the political appetite amongst Democrats, even, for things like Cap & Trade or Immigration Reform?