Friday, May 11, 2012

Follow the Money

Because politicians sure do;
Portraying Republican rival Mitt Romney as an out-of-touch millionaire, Obama drew snickers from the crowd when he praised his opponent for the "great personal success he's had as the CEO of a large financial firm." He contended Romney's success taught him "the wrong lessons. He actually believes that if CEOs and the wealthiest investors like him get rich, that the rest of us automatically do, too."
....Obama's earlier fundraiser took place at the waterfront home of Ann and Bruce Blume, a 10,000-square-foot, four-bedroom, 11-bathroom waterfront house on Lake Washington. The property, which was formerly owned by the Canadian government, is assessed at $17.5 million and features a pool, cabana — and this being Seattle, a chicken coop.
The Blumes are major Democratic donors, who have given more than $118,000 to federal Democratic candidates and committees since 2008, according to campaign-finance data maintained by the Center for Responsive Politics. They also gave $50,000 to help finance Obama's inauguration party.
....Obama's pair of Seattle fundraisers were expected to bring in at least $3 million for his re-election effort.
But that was a pittance compared with the expected haul from his California event, where the president headed after departing Boeing Field at about 4 p.m.
That fundraiser was held at Clooney's residence in the Los Angeles' Studio City neighborhood. The dinner, heavily promoted online by the Obama campaign, was expected to net close to $15 million — an unprecedented amount for a single event.
It meant that in one single evening the Obama camp and the Democratic Party were expected to collect more than Romney has amassed in his best single month of fundraising.

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