WASHINGTON – Democratic presidential candidate Barack Obama raised more than $150 million in September, a stunning and unprecedented eruption of political giving that has given him a wide spending advantage over rival John McCain.
The campaign released the figure on Sunday, one day before it must file a detailed report of its monthly finances with the Federal Election Commission.
Obama's money is fueling a vast campaign operation in an expanding field of competitive states. It also has underwritten a wave of both national and targeted video advertising unseen before in a presidential contest.
Campaign manager David Plouffe, in an e-mail to supporters Sunday morning, said the campaign had added 632,000 new donors in September, for a total of 3.1 million contributors to the campaign. He said the average donation was $86.
The Democratic National Committee, moments later, announced that it raised $49.9 million and had $27.5 million in the bank at the start of October. The party has been raising money through joint fundraising events with Obama and can use the money to assist his candidacy.
Obama's numbers are possible because he opted out of the public financing system for the fall campaign. McCain, the Republican nominee, chose to participate in the system, which limits him to $84 million for the September-October stretch before the election.
Obama's monthly figure pushed his total fundraising to $605 million. No presidential candidate has ever run such an expensive campaign. His campaign raised $65 million in August, his previous best.
"The overall numbers obviously are impressive," Plouffe said in a campaign video. "But it's what's beneath the numbers in terms of average Americans who have had enough, who want a change and who are really fueling this campaign."
Yeah -- it's about "change".
Speaking of "change"...
Obama had initially promised to accept public financing if McCain did, but changed his mind after setting primary fundraising records. His extraordinary fundraising is bound to set a new standard in politics that could doom the taxpayer-paid system. Many Republicans have begun to second-guess McCain's decision to participate in the program.
Senator "Obama had initially promised to accept public financing if McCain did, but changed his mind after setting primary fundraising records."
I'm not sure what specifically Senator Obama has promised to do as President that has people excited about him, other than promising "change", but whatever it is, it is important to understand what he means by "change" -- because when political opportunity knocks, change is what he will deliver. He will change his mind, and go back on his promise, and do what is expedient.
But, don't take Yankee Doodle's word for it.
From Obama's Risky Denunciation Of Rev. Wright, April 29, 2008:
After days of largely ignoring the media blitz his former pastor has waged, Barack Obama reversed course and denounced the Rev. Jeremiah Wright in the strongest and most direct terms yet on Tuesday. It was a decision that may help him reclaim some of the initiative in a tight presidential primary contest, but it is not without risks.
The decision to specifically address Wright’s controversial statements came after the campaign maintained for days that Obama had said all he had to say on the subject - a sign that there has been growing concern that the controversy was damaging his candidacy. The result was not just a denunciation of Wright’s comments, but of the man who attracted Obama into the Trinity United Church of Christ, married him and baptized his children.
Reverend Wright -- the pastor about whom Senator Obama had said, "I could no more disown him than I can disown my white grandmother."
You who support Senator Obama -- right now, he wants your vote, but what will he do to you when he judges you to be a liability instead of an asset?
From Obama backs away from Wright, April 29, 2008:
Obama has been campaigning as a new kind of politician, and Wright potentially damaged Obama when he said that Obama "had to distance himself, because he's a politician," implying that perhaps Obama did not mean what he said.
Reverend Wright didn't damage the Obama campaign -- Senator Obama damaged the Obama campaign.
"Obama's monthly figure pushed his total fundraising to $605 million. No presidential candidate has ever run such an expensive campaign."