Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: pompsander who wrote (5986)	7/2/2007 7:02:57 PM
From: pompsander	Respond to of 25737

Message 23670160

To: pompsander who wrote (5986)	7/2/2007 8:40:07 PM
From: DuckTapeSunroof	Respond to of 25737

Obama outraises Clinton by $10 million in 2nd quarter Second-quarter lead takes spotlight from his main Democratic rival By JIM KUHNHENN Associated Press July 1, 2007, 10:23PM chron.com WASHINGTON — Sen. Barack Obama has been eager to change the presidential campaign conversation away from national polls, where he trails Sen. Hillary Rodham Clinton. Well, money talks. Subject changed. On Sunday, the Obama campaign announced second-quarter fundraising totals that show him outraising Clinton by $10 million in contributions that can be spent on the Democratic presidential primary contest. Obama's campaign on Sunday reported raising at least $31 million for the primary contest and an extra $1.5 million for the general election from April through June, aided by the contributions of 154,000 individual donors. Clinton's campaign announced late Sunday that she had raised $21 million for the primary. With general election contributions added, aides said her total sum would be "in the range" of $27 million. Candidates can only use general election money if they win their party's nomination. Obama's whopping amount is a record for a Democratic candidate at this stage of a presidential contest and ensures his place as a top contender for the Democratic nomination. It steals the spotlight from Clinton, his main rival. And it establishes the two of them as the fundraising juggernauts of the entire presidential field. Counting this quarter's surge of donors, the first-term senator from Illinois has received donations from more than 258,000 donors through the first half of the year, an extraordinary figure at this stage of the campaign. Obama raised $25.7 million in the first three months of the year. "Together, we have built the largest grass-roots campaign in history for this stage of a presidential race," Obama said in a statement Sunday. "That's the kind of movement that can change the special interest-driven politics in Washington and transform our country. And it's just the beginning." The Clinton campaign would not divulge its number of donors. The figures that some campaigns released Sunday are estimates. Details of how much the campaigns raised and spent in the latest period will not be available until the candidates file financial reports with the Federal Election Commission by July 15. While several Democrats revealed their total sums, Republicans were not expected to announce their figures until today or later in the week. At this point in the campaign, fundraising figures can act as an easy measure of candidate strength and create tiers of contenders based on their ability to amass money. Only Republican George W. Bush, in each presidential campaign, raised comparable amounts in the second quarter of the year before the general election. The single-quarter record is $35.1 million, by Bush from April through June in 2003. Clinton captured the first-quarter Democratic record with $26 million, covering the first three months of this year. Clinton also transferred $10 million from her Senate campaign account in the first quarter. Among Republicans, former Massachusetts Gov. Mitt Romney's campaign has said he will fall short of the $20.7 million raised earlier in the year. Rudy Giuliani was expected to exceed his first-quarter total of $16 million. Sen. John McCain, R-Ariz., was struggling to match the $13.8 million he took in during the first quarter.