Obama tops $32 million?

ABC News' George Stephanopoulos Reports: A source close to Sen. Barack Obama, D-Ill., says his presidential campaign raised more than $30 million during the second quarter, which ended yesterday.

Considering he's a former Clinton administration offical, I wonder if George Stephanopoulos can be trusted?.......We will see when the REAL figures are released.

That figure tops Obama's haul during the first quarter of the year, when he reported raising $25.8 million.  

Official figures have not yet been released by Obama's rivals for the Democratic nomination, although the campaign of Sen. Hillary Clinton, D-N.Y., had said it expected to raise about $27 million during the quarter, and the campaign of former Sen. John Edwards, D-N.C., had publicly set a goal of $9 million.

UPDATE: (official numbers) Obama camp raised at least $32.5 million including at least $31 million in primary cash.

Tags: obama (all tags)

Comments

26 Comments

Stephanopoulos isn't that stupid

1) dumb thing to lie about when the truth will come out in a few days

2) anyone with basic math skills would be surprised if Obama raised LESS than $30 million in primary cash.

by jforshaw 2007-07-01 07:07AM | 0 recs
Re: Obama tops $30 million?

Yeah, I just caught that on G.S's show. Impressive showing!! Me thinks Obama is right where he wants/needs to be. If I'm not mistaken none of the Tripe Crown super race horses won their races  leading from beginning to end (except for Secretariat - who had a inherited genetical advantage (abnormally large heart)). Thats how I view this race. Barack is going to be fine. I almost get the feeling he's holding back intentionally.  Come the fall (can hardly wait), all this money he's raised will be spent wisely, he'll get very specific and certainly that passion and emotion we all know he harbors will be emoted. He will be competitive, we all just need to be patient.

by rapcetera 2007-07-01 07:15AM | 0 recs
Re: Obama tops $30 million?

I agree with "rapcetera". With the 24-hr news cycle, internet, blogs etc... it's important when to peak. Like golf, you must time your game so that you peak at the right time, e.g. the four major championships. This logic is especially true, otherwise Tiger Woods would win every time he plays. I was initially not happy with Obama's reluctance to attack Hillary for her war stance. But later I understand that if he did, it would be over for him in an instance. All he needs to do is what he's doing right now. Stay close, and let the media and activists make that decision on Hillary. All it takes is a "swiftboat" on HRC just before Super Tuesday and HRC is done. She already has 50% of the people against her. All it takes is a slight nudge and she's finished.

by Barackulikahurricane 2007-07-01 09:41AM | 0 recs
Re: Obama tops $30 million?

With so many donors, how could he raise less than $30-35 Million?  He's going to be the top-raising Democrat by far.

by Vox Populi 2007-07-01 07:15AM | 0 recs
Re: Obama tops $30 million?

Also, it's almost certainly all primary funds.  Obama's camp has been pushing back on the notion that total should include general funds.  If you assume that Clinton has raised the same ratio as in Q1, she only raised around $20M in primary funds.  That was the underreported story in Q1...Obama beat Hillary in primary funds by a lot  (25M to 19M).

by rashomon 2007-07-01 07:27AM | 0 recs
Re: Obama tops $30 million?

If that's true, I think we can expect a full-blown war between Clinton and Obama for the next 6 months.

by Vox Populi 2007-07-01 07:28AM | 0 recs
Re: Obama tops $30 million?

Exactly...She covered her real primary fundraising in q1 by adding the general money along with her extra $10 million from her senate account....This time around,she wont be able to do that.

Obama is not pushing for general election money, but Hillary is apparently doing so so she could inflate her numbers...I hope the media report on the real primary money and not allow her to lump both money together like she did he q1.

by JaeHood 2007-07-01 07:39AM | 0 recs
Re: Obama tops $30 million?
These are astounding numbers. I'm really interested to see how the rest of the media covers it. What it supposedly means or doesn't mean.
by g1967 2007-07-01 07:28AM | 0 recs
Well

He might raise that much but Clinton will raise much more.

My prediction: Clinton wins in total cash. Obama wins in donors, donations and primary cash.

by Populista 2007-07-01 08:06AM | 0 recs
Re: Well

She only wins in "total cash" IF she wins the nomination. What good does raising "general election" money do you if you don't get nominated? Obama is out raising Hillary where it counts right now - primary money fund raising

by rapcetera 2007-07-01 08:44AM | 0 recs
Hopefully

he ouraises Hillary and sets shockwaves in motion shaking up the inevitability machine.

by Populism2008 2007-07-01 08:16AM | 0 recs
Re: Hopefully

"62% of independents, 58% of men and 47% of women say they would not consider voting for her"

Oh my! She will be food for Rush Limbaugh if she gets elected. Big mistake for Dems to nominate this woman. With her in the WH, they'll lose both houses.

by Barackulikahurricane 2007-07-01 09:48AM | 0 recs
Re: Obama tops $30 million?

"More than $30 million" is a pretty inexact figure. I wonder if the total is in the lower 30s or the upper 30s? If we see the Obama campaign delaying release of the total for a few days, I think we can assume it will be 35 or greater.

by gin pahit 2007-07-01 08:48AM | 0 recs
Looking forward to this

I expect he did raise more, though I don't trust many of the rumors coming out, especially with Clinton trying to lower expectations and raise Obama's.

We'll find out soon enough.

by okamichan13 2007-07-01 08:52AM | 0 recs
Re: Obama tops $30 million?

Well here it is:

http://my.barackobama.com/page/community group/ObamaHQ

B.O. raised at least 32.5 for Q2 of which at least 31 can be used for the primaries.

"Well done!" to the Obama campaign!!

by rapcetera 2007-07-01 08:59AM | 0 recs
You can take down the question mark.

Ploufe has confirmed it.  Just amazing.  Here's part of the Ploufe press release, talking about what this means for the campaign:


Our financial success will provide the campaign important momentum. But there is practical application as well, which gives us a decided advantage in the nomination fight.

First, we are on a financial course that will allow us to both fully fund efforts in the early primary and caucus states, and also participate vigorously in all the February 5 contests, including large states like California, New Jersey, New York, Georgia and Missouri.

Frankly, when we entered this race, we did not think that was possible. We estimated at this point of the campaign we'd be at least $20-25 million behind one of our fellow candidates. But due to the amazing outpouring of support from people all across the country, remarkably, we should be on at least even financial footing for the duration of the campaign.

Secondly, because so many states are holding early contests that may have significant impact on deciding the ultimate Democratic nominee, a winning campaign will need deep organizations in dozens of states to prevail. Our more than 258,000 donors provide us the foundation of an unprecedented volunteer army in all 50 states. We also have thousands more who are not able to contribute but are already volunteering or who plan too. For example, early in June, more than 10,000 Americans took part in our "Walk for Change" -- canvassing neighborhoods in all 50 states, visiting more than 350,000 households.

We will have the largest and most committed grassroots organization in the race, allowing us to build our support, chase absentee ballots, conduct early vote programs and turn out Obama supporters in any state we need to.

This is a tremendous asset and is one more manifestation of the "enthusiasm gap" we have over our rivals.

Six months into the race, we simply could not be in a better position. We have built a powerful, well funded grassroots movement and strong organizations in each of the critical early states. Barack's call to change our politics and put government back on the side of the American people and our best ideals is resonating more strongly every day.


by Doug Dilg 2007-07-01 09:08AM | 0 recs
Re: Obama tops $30 million?

I'm sorry but I have to paste the full text of David Plouffe's blog:

The State of the Race
By David Plouffe - Jul 1st, 2007 at 12:54 pm EDT
Less than six months ago, we began this campaign with a mission.

Barack and all of us were determined to defeat the politics of cynicism and division that is so pervasive in Washington today and replace it with a politics of unity, hope and common purpose.

The pundits and political insiders questioned whether a new leader and fledgling campaign could compete with the big money and massive organization of other candidates who have been preparing to run for years, and even decades.

Well, for the second consecutive quarter, you've helped send a resounding answer.

I'm thrilled to report that in the last three months, the Obama campaign has set a new record for fundraising.  Thanks to you, we raised at least $32.5 million including at least $31 million that we can spend on the battle for the Democratic nomination.

But as astonishing as that feat is, much more important is how we raised it.

To date, more than 258,000 Americans have contributed to this effort, much of it coming in small donations.  This, too, shatters all records and sends an unmistakable message to the political establishment that the same old politics just won't do in 2008.

The American people are demanding real change, a politics of principle and not just expediency.  They want to turn the page, and they're turning out and supporting this effort in unprecedented numbers.  It has become more than a campaign.  It is a movement.

Our financial success will provide the campaign important momentum. But there is practical application as well, which gives us a decided advantage in the nomination fight.

First, we are on a financial course that will allow us to both fully fund efforts in the early primary and caucus states, and also participate vigorously in all the February 5 contests, including large states like California, New Jersey, New York, Georgia and Missouri.

Frankly, when we entered this race, we did not think that was possible. We estimated at this point of the campaign we'd be at least $20-25 million behind one of our fellow candidates. But due to the amazing outpouring of support from people all across the country, remarkably, we should be on at least even financial footing for the duration of the campaign.

Secondly, because so many states are holding early contests that may have significant impact on deciding the ultimate Democratic nominee, a winning campaign will need deep organizations in dozens of states to prevail. Our more than 258,000 donors provide us the foundation of an unprecedented volunteer army in all 50 states. We also have thousands more who are not able to contribute but are already volunteering or who plan too. For example, early in June, more than 10,000 Americans took part in our "Walk for Change" -- canvassing neighborhoods in all 50 states, visiting more than 350,000 households.

We will have the largest and most committed grassroots organization in the race, allowing us to build our support, chase absentee ballots, conduct early vote programs and turn out Obama supporters in any state we need to.

This is a tremendous asset and is one more manifestation of the "enthusiasm gap" we have over our rivals.

Six months into the race, we simply could not be in a better position. We have built a powerful, well funded grassroots movement and strong organizations in each of the critical early states. Barack's call to change our politics and put government back on the side of the American people and our best ideals is resonating more strongly every day.

If you don't believe it, take a look at how so many of our opponents have in recent months embraced Barack's critique, positions -- and even his language.

Some of our opponents have tried to deflect attention from the obvious power and momentum of the movement we're building by pointing to national polls, that are all but meaningless.  Indeed, at this juncture four years ago, Joe Lieberman had a solid lead in national polls.  In the fall of 2003, the leaders were Howard Dean and Wesley Clark.  You'll recall, none of these men were the nominee.

We're pleased to be running as strongly as we are in the national polls, but they are beside the point in a process that will be shaped by a series of early contests that will begin in Iowa.

One of our opponents is also the quasi-incumbent in the race, who in our belief will and should lead just about every national poll from now until the Iowa caucuses. Expect nothing different and attach no significance to it. It is clear you did not in this past quarter and we would encourage everyone to keep our sights focused on doing well in the early primaries and caucuses, and then using our organizational advantage nationally to clinch the nomination in February.

Just as a refresher, below are some Democratic primary national polls going back to 1980.  You'll see how effective they have been as crystal balls.

* 2003: In August 2003, Joe Lieberman led the national polls, in September, Howard Dean led, in October, Wesley Clark led, and in December - one month before the Iowa Caucuses - a Wall Street Journal/NBC poll showed John Kerry, the eventual nominee, in fifth place trailing among others Joe Lieberman and Dick Gephardt. Yet after winning Iowa and New Hampshire, Kerry vaulted to 49% in national polls before the end of January, This has been true in nearly every previous Democratic nomination contest:

* 1992: According to a November 1991 Los Angeles Times poll, Bill Clinton was in 3rd place with less than half the support of the then-frontrunner, Jerry Brown.

* 1988: A January 1988 New York Times/CBS Poll showed Michael Dukakis in fourth place with 6 percent.

* 1980: An August 1979 poll showed President Carter trailing Senator Ted Kennedy by 36 points

Time is a friend to our campaign.

While voters have a distinctly positive feeling about Barack, they don't have a great depth of knowledge about his life and history of leadership in Illinois and Washington.  That history, which we have begun sharing in the early states, distinguishes Barack as someone who not only speaks about change, but who has spent a lifetime working to bring it about.

As we educate voters about Barack, we have strong reason to believe that our already impressive support in the early states will solidify and slowly build later in the year.

It is clear we have the most room to grow in the race, given that the majority of voters do not know much about Barack beyond what they have gleaned from news reports over the last few months.

We also remain the candidate most clearly synched up with the electorate, an electorate clamoring for change and ready for our relationships around the world to be repaired. The election is after all about the voters, and we are very confident that Barack Obama is the type of leader Democrats are looking for in the standard bearer.

If we prevail in the nomination fight, there is mounting evidence that Barack Obama would be the strongest general election candidate. Barack is consistently the strongest Democrat with independents in general election polling, who are the voters that are the pathway to the presidency. Barack also has a 2-1 fav/unfav with general election voters, which is also the best score in the Democratic field. That strength with independents, plus what would likely be very strong Democratic turnout across the country as a result of an Obama candidacy, also likely puts more states in play. We cannot afford another election where we have to run the table to win the Electoral College.

So, the point is this. We are off to a great start because of your help. We are going to keep our head down and focus on continuing to build a powerful grassroots movement, focus on the early states but plan for the states to come in early February and continue to both introduce Barack Obama and the kind of President he would be to the American people.

In a little over six months, the contest begins in earnest. We are ahead of schedule in every phase of the campaign. Let's keep it going and elect a leader who will transform our country.

Thank you again for all you have done in the last five months.

by rapcetera 2007-07-01 09:14AM | 0 recs
Re: Obama tops $30 million?

"To date, more than 258,000 Americans have contributed to this effort, much of it coming in small donations.  This, too, shatters all records and sends an unmistakable message to the political establishment that the same old politics just won't do in 2008."

"...quasi-incumbent..."

Great points here! This is grass roots vs. powerful establishment. The incredibly important word is "quasi-incumbent" that should be hammered home. People tend to associate Hillary's experience with the 8 years in the WH. This is very important. This explains her inflated lead in the polls. Now it's time to tie her to all the scandals as well. The "swiftboat" is coming.

by Barackulikahurricane 2007-07-01 10:08AM | 0 recs
Gee, this Obama

Gee. This Obama money buzz has been recycled several days on this blog.

His campaign is the typical recycle of Dean money machine. The only buzz Obama has is the money. Sadly, unlikely Dean, he can't even translate these money buzz into polls.

by kostner 2007-07-01 09:21AM | 0 recs
Re: Gee, this Obama

The field in 2004 was quite a bit weaker than it is this time around.

You really should get off your shilling pedestal for a moment - no matter what candidate you back, $31 million raised in the primary is a hell of a lot - and indicative of broad-based support for Obama.

by PsiFighter37 2007-07-01 09:25AM | 0 recs
Re: Gee, this Obama

You are absolutely wrong to assume broader online donations are an indicative of broad support.

For a family who earn less than $40,000, $30,000, do you believe they have the luxury to go online and hit to 'donation' button for an American idol type of candidate?

Polls after polls have shown Hillary is the overwhemling favourite among low-income democratic primary voters, which unfortunately are called 'low-information' voters by elitists on this site. These voters just do not donate to any candidate, period.

John Kerry had far more online donations than George W. Bush. Based on your logic, he should have beaten W. by a mile, unfortunately, George W. Bush has won not only general, but also among low-income voters

by kostner 2007-07-01 09:31AM | 0 recs
Re: Gee, this Obama

I love this Ploufe email-----because he makes the point about the polls that I have been saying, if Hillary wants to keep talking about polls which her website and her inevitability team love to do, Obama's team is going to start talking about the polls Hillary doesn't want to talk about and we know waht they are..... He came very close in this email to calling Hillary borderline unlectable in a general assserting that with her negatives the best we can do is hope for a 2000 or 2004 electoral roulette strategy, with this email I think Obama's people are ready to change the way this race is being defined.

by nevadadem 2007-07-01 09:50AM | 0 recs
Polls give HRC a sense of false security.

This far out, with those outrageous leads in the 20s for a quasi-incumbent, polls undoubtedly give the "inevitability team" the sense of false security. And when they see the numbers move downward uncontrollably, it's time to fold.

by Barackulikahurricane 2007-07-01 10:16AM | 0 recs
Re: Obama tops $30 million

Tomorrow, every newspaper will have bar charts graphically showing the difference between candidates, and I wonder if we will start to see some people begin to drop out of the race. Even an unexpectedly strong showing in Iowa or NH for someone like Dodd, Biden, or Richardson will not be able to make up the difference in time for Feb. 5th.  It's a different race this year with different dynamics.  

by Doug Dilg 2007-07-01 09:22AM | 0 recs
Re: Obama tops $32 million?

If the Clinton and Obama campaigns go nuclear negative on each other, who benefits?

by Vox Populi 2007-07-01 10:48AM | 0 recs
going nuclear...

we all do.  it does no good for democrats to leave their oppo on their opponents in the can.  republicans will not only say it, they will say it meaner (is that a word?).  by saying it first, it's not only out there but it's old news by the time the general comes around.  remember how george bush dealt with his drunk driving conviction?  'it's old news.  not worth rehashing.'

if there are negatives about top tier candidates, let's air them out fully so that we know what we're getting in our nominee...

by bored now 2007-07-01 03:57PM | 0 recs

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