Look at the totals:

Overall, since the presidential campaigns began last year, Obama has raised $287 million, former first lady Hillary Clinton has raised $209 million and McCain has raised $115 million.

I think Obama'll be okay.

It's just a post-primary lull. As the election ramps up, Obama'll start raking it in again - most of his donors are far from maxed out.

Where's his money coming from?

Party Boy: Where's his money coming from?

Millions of octogenarians who believe that John McCain will finally put price controls on adult diapers. (Back in my day, we could buy a full box for fifteen cents!)

Also with classic "I will eat your face om nom nom nom" picture.

rufus-t-firefly: i221.photobucket.com

mmmmmmm Bush armpit...nom nom nom

Smellvin: Party Boy: Where's his money coming from?

Millions of octogenarians who believe that John McCain will finally put price controls on adult diapers. (Back in my day, we could buy a full box for fifteen cents!)

heh.

I'm going to search this out. Its important.

McCainDemocrat finally get a link approved?

=Smidge=

I sent Obama some money during the primary, and will do so again after he picks his VP, as long as it isn't Clinton.

/No more Clintons, no more Bushes.

ceejayoz: It's just a post-primary lull. As the election ramps up, Obama'll start raking it in again - most of his donors are far from maxed out.

These were the May numbers, before the end of the primary. Expect the June numbers to have Obama up by somewhere between double and triple.

Neeek: ceejayoz: It's just a post-primary lull. As the election ramps up, Obama'll start raking it in again - most of his donors are far from maxed out.

These were the May numbers, before the end of the primary. Expect the June numbers to have Obama up by somewhere between double and triple.

THIS!

Party Boy: Where's his money coming from?

McCain held almost two dozen fund raisers in May. I am going to bet that most of the donors that he has tapped are now maxed out.

It doesn't change the fact that McCain is a law breaking liar about public financing protected by Mr 29% the War Criminal.

McCain is just a man who didn't love America until he needed it to save his privileged, pompous, nepotisitic life.

Hey McCain, maybe if you wouldn't have been last in your Navy class you could have flown the plane!

Vote McCain! He'll crash America just like he did his plane!

Neeek: ceejayoz: It's just a post-primary lull. As the election ramps up, Obama'll start raking it in again - most of his donors are far from maxed out.

These were the May numbers, before the end of the primary. Expect the June numbers to have Obama up by somewhere between double and triple.

I'm not sure why you'd expect numbers to be up in June. Hillary is defeated, and the general is months away. Many small donors aren't maxed out, but may be up to what they intend to spend, at least for now.

Also, fundraising for House, Senate, and State elections is ramping up, so there's some competition for dollars.

That said, I'll probably donate some more once he picks his VP, and my level of donation may well be influenced by the pick. Not saying I won't vote for Obama/Clinton. I would (and pray for Obama's life). But, I don't know if I could bring myself to donate, either.

Neeek: These were the May numbers, before the end of the primary. Expect the June numbers to have Obama up by somewhere between double and triple.

I donated to the Obama campaign just last week. I will do so again and again as the campaign continues. :)

/also volunteers for the Obama campaign as well
//Obamalamadingdong :D

the Dems have pissed their base off with this latest capitulation over FISA and Telecom immunity. We tend to like the 4th amendment.
so my money is staying in my pocket. what's the use if both sides are the same? my money will only go to those with spines who voted against this.

Party Boy: Where's his money coming from?

Maybe the coont gave him a loan?

The Beacon Man:

More liberal hate.

That's his pet name for his adoring wife...I'm just repeating it!

The Beacon Man: Barack Hussein Obama's dream of doubling the capital gains tax is starting to raise a lot of eyebrows. It's raising money for McCain as well.


That isn't just a tax on 'the rich'. It's a huge tax increase on just about everybody who has anything.

Of course, that's what liberals do. This time, it's being sprayed with perfume, presented on a silver platter of political correctness and called... 'change'.

give you a hint sparky, ain't a lot of us regular folk who have anything to declare unrealized capital gains on except in our 401k's and they're exempt

and f I read TFA right McCain almost raised as much in his best month ever as Obama raised in his worst month ever....


I can live with that

(Feb 2008) Senator John McCain's presidential fundraising apparatus is increasingly beginning to resemble that of George W. Bush.

The Beacon Man: There's no hate like liberal hateTM.

The Beacon Man: GodsTumor: Maybe the coont gave him a loan?


More liberal hate.


More psychological projection, eh?

Magorn: The Beacon Man: Barack Hussein Obama's dream of doubling the capital gains tax is starting to raise a lot of eyebrows. It's raising money for McCain as well.


That isn't just a tax on 'the rich'. It's a huge tax increase on just about everybody who has anything.

Of course, that's what liberals do. This time, it's being sprayed with perfume, presented on a silver platter of political correctness and called... 'change'.

give you a hint sparky, ain't a lot of us regular folk who have anything to declare unrealized capital gains on except in our 401k's and they're exempt


And like I said in a thread the other day...I don't think that letting the Bush tax cut expire is going to affect my tax bill very much...I think I can deal with that $22 tax increase these days...
/Never understood how the people who didn't get any measurable tax break could defend the bush cuts like some of them do...(hint: see beacon man...)

pacified: It doesn't change the fact that McCain is a law breaking liar about public financing protected by Mr 29% the War Criminal.

McCain is just a man who didn't love America until he needed it to save his privileged, pompous, nepotisitic life.

Hey McCain, maybe if you wouldn't have been last in your Navy class you could have flown the plane!

Your troll fu is weak young padawan.

Hobodeluxe: the Dems have pissed their base off with this latest capitulation over FISA and Telecom immunity. We tend to like the 4th amendment.

This.

so my money is staying in my pocket. what's the use if both sides are the same?

Not so much this. Both sides are not the same, nowhere near it. I posted the message I sent to the Obama campaign in thread 3684540 (new window) if you care to see it. That said, Obama is still the most respectable (viable) candidate there is. I have a feeling he personally opposes that legislation, but feels he can't come out strongly against it because it might cost him votes - and that's truly sad.

Republican presidential candidate John McCain will be in Minnesota on Thursday. He'll participate in a Town Hall discussion in St. Paul with an invited audience of 200 voters. He's also holding a big dollar fundraising dinner in Minneapolis. Tickets to the event start at $1,000 and go all the way up to $50,000.

St. Paul, Minn. - If you've read anything about political fundraising recently, you may be familiar with this number: $2,300.

That's the most you can give a presidential candidate to spend during the primary election phase of a campaign. You can give another $2,300 during the general election. So how is it that McCain can ask supporters for $50,000 tonight?

[Would you like to know more?]

Party Boy: Big difference in PAC to Individual donors.

I'm mildly curious where the roughly 2 million between Obama's total reciepts and Obama's individual contributions comes from, not to mention the 5 million in McCain's case.

The Beacon Man: Barack Hussein Obama's dream of doubling the capital gains tax is starting to raise a lot of eyebrows. It's raising money for McCain as well.


That isn't just a tax on 'the rich'. It's a huge tax increase on just about everybody who has anything.


"Presidential candidate John McCain recently said on ABC's 'This Week' that it would be a terrible idea to allow the Bush tax cut for capital gains to expire because "100 million people have investments". The reality is that most stock owned by middle-income people is in 401(k) plans, IRAs or other similar retirement savings vehicles. Taxes on these investments are deferred until retirement, at which point they are taxed as 'ordinary income', meaning they don't benefit from the tax cuts for capital gains and dividends.

... The figures show that in 2005, fewer than 22 million taxpayers received any benefit at all from the special low rates for capital gains and dividends - far fewer than the 100 million implied by Sen. McCain."

Link (pdf)

Once again, facts have a definite Obama-bias.


Further, based on IRS data for 2005, 87.7% of all tax savings (tax breaks) from the lower cap gains/dividend rates went to people making $200,000 or more. I imagine Sen. Obama could be persuaded to leave the Bush tax cuts for those making under $250,000 in this area as well.

- - - - - - - - - - - - -

"13,776 tax filers with adjusted gross incomes in excess of $10 million - 0.01% of all filers - got 28.2 percent of the total tax savings. Their average tax break was $1,876,280 each."

Oh yeah, that's fair.

Neeek: I'm mildly curious where the roughly 2 million between Obama's total reciepts and Obama's individual contributions comes from, not to mention the 5 million in McCain's case.

You should explore this and post your findings. I'm looking around and posting too.

Party Boy: Republican presidential candidate John McCain will be in Minnesota on Thursday. He'll participate in a Town Hall discussion in St. Paul with an invited audience of 200 voters. He's also holding a big dollar fundraising dinner in Minneapolis. Tickets to the event start at $1,000 and go all the way up to $50,000.

St. Paul, Minn. - If you've read anything about political fundraising recently, you may be familiar with this number: $2,300.

That's the most you can give a presidential candidate to spend during the primary election phase of a campaign. You can give another $2,300 during the general election. So how is it that McCain can ask supporters for $50,000 tonight?

[Would you like to know more?]


Would you like to know more
http://www.boston.com/news/nation/articles/2007/08/09/pacs_and_lobbyists_aided _o bamas_rise/ (pops)

In Obama's eight years in the Illinois Senate, from 1996 to 2004, almost two-thirds of the money he raised for his campaigns -- $296,000 of $461,000 -- came from PACs, corporate contributions, or unions, according to Illinois Board of Elections records. He tapped financial services firms, real estate developers, healthcare providers, oil companies, and many other corporate interests, the records show.


http://www.npr.org/templates/story/story.php?storyId=91748755 (pops)
In 2007, when Sen. Obama was raising the money that was essential for him to become a serious candidate, "54 percent of his contributions came in contributions of a thousand dollars or more, and much of that money was raised by bundlers," he says


But prior to last week,

Obama Accepts Campaign Contribution From Lobbyists' Spouses And Holds Fundraisers At Law Offices That Engage In Lobbying. "Although Obama refuses direct campaign contributions from 'Washington lobbyists,' he takes money from lobbyists' spouses and holds fundraisers at the offices of law firms that lobby Congress. He won't touch money from PACs or lobbyists representing big oil and drug companies, but he happily accepts huge amounts of money from executives at those companies and many others. In fact, he's relying on two oil company executives to raise $50,000 apiece for his campaign." (Editorial, "Obama's Claims On Lobbyist Money Prove Flimsy," USA Today, 4/18/08)
"[Obama's] not taking the government money because he can raise a lot of private money and outspend John McCain. And anything else he says is just political claptrap," Smith says. "I don't blame him for that any more than I blame John McCain. Same thing. John McCain is taking the government money because it is the best deal for him to compete in this election."


I guess when you've raised enough capital, its time to change your position and take the moral high ground.
http://thecaucus.blogs.nytimes.com/2008/06/05/obama-camp-sets-new-money-guidel in es/ (pops)

Just like Hillary was sneaking up to Obama in the nomination race?

$5c from me to Obama in June, will send another $5c in July. No way McLame is going to beat us in fundraising. Sooner or later the Repubs are going to run out of people they can blackmail.

Bull Schmitt:

"13,776 tax filers with adjusted gross incomes in excess of $10 million - 0.01% of all filers - got 28.2 percent of the total tax savings. Their average tax break was $1,876,280 each."

Oh yeah, that's fair.

Capital Gains taxes have always seemed like double taxation to me. The income earned to invest was taxed, and then the profits of the investment are taxed. Somewhat like inheritance taxes.

BTW, The top 1% of taxpayers pay 40% of ALL income taxes, though they make 25% of the income. The top 10% pay 70% of all income taxes.

pacified: It doesn't change the fact that McCain is a law breaking liar about public financing protected by Mr 29% the War Criminal.

McCain is just a man who didn't love America until he needed it to save his privileged, pompous, nepotisitic life.

Hey McCain, maybe if you wouldn't have been last in your Navy class you could have flown the plane!

There's no call for that. McCain was and is a war hero. He does love his country and always has, I am sure. That doesn't automatically equate into being a good candidate for President, but don't go saying things like this.

maddogdelta: mmmmmmm Bush armpit...nom nom nom


I love the smell of Bush in the morning

GMHOttawa: $5c from me to Obama in June, will send another $5c in July. No way McLame is going to beat us in fundraising. Sooner or later the Repubs are going to run out of people they can blackmail.

GMHOttawa? As in Canada?

The sheer amount of troll in this thread is astounding. I almost get the feeling people are trolling their alts/ coordinating the rancor so as to smear one candidate's supporters (and vice versa.)

In regards to the article, Obama is just taking a breather and can easily tap his massive donor base for cash or other support with a few e-mails and phone calls. No worries for Obama in this regard. The Media is just shooting its mouth off to generate a story.

OttoDog: Capital Gains taxes have always seemed like double taxation to me. The income earned to invest was taxed, and then the profits of the investment are taxed. Somewhat like inheritance taxes.


You are not taxed on the income again (that would be double taxation), you are only taxed on the "profits of the investment". You are never being taxed on the same money twice.

OttoDog: Bull Schmitt:

"13,776 tax filers with adjusted gross incomes in excess of $10 million - 0.01% of all filers - got 28.2 percent of the total tax savings. Their average tax break was $1,876,280 each."

Oh yeah, that's fair.

Capital Gains taxes have always seemed like double taxation to me. The income earned to invest was taxed, and then the profits of the investment are taxed. Somewhat like inheritance taxes.

BTW, The top 1% of taxpayers pay 40% of ALL income taxes, though they make 25% of the income. The top 10% pay 70% of all income taxes.

Bullschmitt will ignore that. People like him also seem to think "fair" means everyone should receive an average $1.8M in tax breaks no matter what they contribute. Even if they cannot make many of the charitable contributions required to get those tax breaks.

He probably thinks that $1.8M in tax breaks is calculated straight off the AGI.

And even after charitable contributions and other deductions not used in calculating AGI, again, The top 1% of taxpayers pay 40% of ALL income taxes, though they make 21% of the income. The top 10% pay 70% of all income taxes even though they make up 40% of all adjusted gross income. When you factor in other deductions outside of those used to calculate the AGI, the percentages are higher.

http://www.taxfoundation.org/news/show/22652.html

Not for long:



Obama donors chilled for a bit. We're resting on our laurels after winning the primary. Meanwhile McCain donors are just getting refocused on the general election. Once the Obama crowd gets put to attention, we'll storm back and get our guy in there.

CagedDepravity: OttoDog: Capital Gains taxes have always seemed like double taxation to me. The income earned to invest was taxed, and then the profits of the investment are taxed. Somewhat like inheritance taxes.


You are not taxed on the income again (that would be double taxation), you are only taxed on the "profits of the investment". You are never being taxed on the same money twice.

What about inheritance taxes?

The Beacon Man: Bull Schmitt: Once again, facts have a definite Obama-bias.


Do they?

Wassamatter - out of Cox & Forkum cartoons?

OttoDog: What about inheritance taxes?

What about them? People get taxed for their wealth when they are alive. They die. They give that money to someone else. The person who receives it gets taxed for the income of that wealth.

Don't want your loved ones to pay inheritance taxes? Simple. Order that all of your money be burned upon your death.

Besides, I believe that the inheritance tax kicks in at quite a high number, like 1 million plus or something. Someone else can go look up the correct number.

I see the flat-tax brigade is out today. No doubt an offshoot of the flat earth society.

- - - - - - - - - -

kerpal32: BTW, The top 1% of taxpayers pay 40% of ALL income taxes, though they make 25% of the income. The top 10% pay 70% of all income taxes.

Bullschmitt will ignore that. People like him also seem to think "fair" means everyone should receive an average $1.8M in tax breaks no matter what they contribute. Even if they cannot make many of the charitable contributions required to get those tax breaks.

- - - - - - - - - -

Nice try at "statistics to baffle and confuse your friends", but it's not like the Top 1% are paying a 40% income tax rate, or the top 10% are paying a 70% rate. Of course the rich pay more - you can't have someone making $10,000 pay $1,000 in taxes and have the $1,000,000 earner pay $100,000. That's 10% for each, but I'm guessing the guy in poverty would feel the hit just a wee bit harder. Progressive taxation isn't communism, and it's good economics to have more money in the hands of more people, rather that what we get under Bush-McCain "trickle-down" theory.

And I don't see where taxing investment income is such a burden when compared to reducing taxation on sweat-labor. Or is this the part where we identify all the "Real A-1 Patriotic Americans" by watching them move to the Cayman Islands?

/I didn't know Charlie Gibson was a Farker...