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To: i-node who wrote (619140)7/13/2011 4:05:31 PM
From: bentway1 Recommendation  Read Replies (2) | Respond to of 1577589
 
Obama, Dems blow away Bush-era campaign fundraising record

By Stephen C. Webster
rawstory.com
Wednesday, July 13th, 2011 -- 12:13 pm

President Barack Obama's 2012 reelection campaign is off to a high-flying start after announcing a record breaking fundraising haul that dwarfs his predecessor's financial prowess at the same time in his 2004 reelection efforts.

Obama and the Democratic National Committee (DNC) said Wednesday morning that they had raised a combined total of $86 million between April and June of this year, which would have been worth about $75 million in 2004, adjusted for inflation.

During the same cycle of President George W. Bush's reelection campaign in 2004, Bush and the Republican National Committee (RNC) raised $50.1 million, which comes to just shy of $60 million in today's dollars, adjusted for inflation.

In a video announcing the totals, Obama 2012 Campaign Manager Jim Messina hailed their take as a "monumental" achievement, pointing at 552,462 individual donors and an average per-donor contribution of $69. He said the results show the president's commitment to grassroots campaigning.

Comparatively, the whole field of 2012 Republicans raised a combined total of $33 million. Rep. Michele Bachmann (R-MN), one of the top GOP contenders, has not yet shared her totals.

The video below is from the Obama 2012 reelection campaign, published Wednesday, July 13, 2011.



To: i-node who wrote (619140)7/14/2011 11:57:16 AM
From: tejek  Read Replies (3) | Respond to of 1577589
 
Tell me why your teaper buds shouldn't be tried for treason?

Boehner’s uncomfortable pause

By Steve Benen

House Speaker John Boehner (R-Ohio) sat down with Fox News’ Bret Baier yesterday to discuss, of course, the debt-ceiling crisis Republicans have created. There were a couple of noteworthy exchanges.

First, the Fox News host asked the Speaker for a head-count assessment.

BAIER: Straight up or down. How many votes you think you can you lose on your side to get a debt ceiling increase raised?

BOEHNER: It really depends on how the packages put together and how much members know about it. There’s no way you could make that prediction on any given set of assumptions at this point.

BAIER: You lost 59 in the continuing resolution. It seems like there’s more than that number opposed to it now.

BOEHNER: I would agree with that statement. There are a lot of members who just don’t believe that raising the debt ceiling under any circumstances.


This is one of the more important things Boehner has said all week. There are at least 60 House Republicans, and very likely more, who want to see the United States default.
The significance of this goes beyond just head-shaking disgust at the extremism of today’s Republican Party, there’s also a practical angle — there are 240 Republican members of the House, and it takes a minimum of 218 votes to pass a bill.

Boehner surely knows, then, that any resolution to this matter will require a significant number of House Democrats. The Speaker doesn’t have to like it, but the arithmetic doesn’t lie.

Second, take a moment to watch this exchange, and pay particular attention to the length of the pause and the look on Boehner’s face.

see video..........

Baier asked the Speaker what happens if there’s no deal Congress chooses not to raise the debt ceiling. Boehner just sat there for a few seconds, unsure what to say. Eventually, he shook his head and conceded, “I don’t know.”


The Speaker probably didn’t expect this process to unfold this way. He’s helped take the hostage, threatened to shoot the hostage, and assumed Democrats would pay the ransom.

But Dems want to compromise and Boehner’s caucus doesn’t. The Speaker doesn’t really want to shoot the hostage, but he neglected to craft a backup plan.

And now he just doesn’t know what to do.

washingtonmonthly.com



To: i-node who wrote (619140)7/14/2011 12:01:53 PM
From: tejek  Respond to of 1577589
 
This is George W. Bush’s debt’


By Steve Benen

MSNBC’s Joe Scarborough talked about the debt-ceiling fight this morning, and said something rather unexpected. (thanks to F.B. for the tip).

Watch video............

For those who can’t watch clips from your work computers, Scarborough, the former Republican congressman, argued, “Let’s make no mistake about it right now: increasing this debt ceiling? This is George W. Bush and the Republican Party’s debt.

“Five years from now? It’s Barack Obama’s. But right now, this is what happens when you spend the type of money you spent from 2001 to 2009…. This is what we have been led to in 2011. This is George W. Bush’s debt…. You can’t just put this on Barack Obama.”


Now, to a certain extent, Scarborough is only telling part of the story. From his perspective, Bush-era fiscal irresponsibility is the result of reckless spending, and it’s a point with merit. Republicans paid for two wars, health care expansion, and a new education law without even trying to pay for any of it. What Scarborough neglects to mention is that the debt spiraled because of tax cuts, which the GOP also didn’t try to pay for.

But the host’s larger point is accurate and important. Those complaining most about raising the debt ceiling don’t fully appreciate the fact that Democrats aren’t the ones who created this mess.


washingtonmonthly.com