Showing posts with label Election Money. Show all posts
Showing posts with label Election Money. Show all posts

Wednesday, July 11, 2012

Campaign Cash

            The campaign trail is a battle field – a battle for cash that is! Until Election Day when those at the forefront of the political race hope they’ve done enough wining and dining to get our votes, the drawn-out battle is focused on more than just candidates shaking hands and kissing babies. Like all marketing strategies, a political campaign needs the right fuel to keep the machine running. This particular fuel is green, and comes in the form of good-old American cash; personal checks, money orders and Super PAC donations are also acceptable, in case you were worried. Regardless of what form the money is in when it is donated, it is undeniable that money speaks volumes, especially when it comes to the presidential race. If money is any estimate as to how people feel, it has recently been telling us pretty loud and clear that Mitt Romney and the Republican Party is wanted by the American people. Politicians who change their views are often labeled as being flip-flippers. Well, it looks like the donors are the flip-floppers in this case, as a large number of donors have flip-flopped over the last four years. Back in 2008 many traditionally right-winged Wall Street-ers and Republicans joined President Obama’s bandwagon for ‘Change.’  The change these people were looking for appears to have never come through, as these folks have once again switched sides. Romney and The Republican National Committee have outraised Obama for the second month in a row. Team Romney has recently raised the stakes bringing in a whopping $106 million during the month of June compared to Team Obama’s $71 million. The power to bring in the big bucks from the once money magnet man Obama seems to be slipping as his cult of personality is taking a hit to the promises of deregulation and tax cuts by the GOP nominee.

            However, the battle for cash isn’t an easy battle to win. Obama’s campaign strategy has largely been fueled by smaller donations with a grassroots-like support system. Though Romney was getting by with supporters giving the maximum amount they could, it appears this Republican is starting to cash in from smaller donations as well, an area where Obama has led the race from the beginning. The Democrats recently took to social media outlets like Facebook asking followers to “help close the gap by chipping in $3 now,” stating the Obama Campaign and Associated Committees are “building our campaign the right way – with small donations from grassroots supporters like you.” Regardless if the money comes from Average Joes or five-figure check-writing millionaires, money plays a large part in who comes out on top. Who says money can’t win you the race? Just ask New York City Mayor Michael Bloomberg what it took to be elected in the five boroughs. Whether it is because of flip-flopping donors or the fact that Romney is a wealthier man than Mr. Obama, it is clear money is now pouring in at a much faster rate into the Romney Campaign. Even Obama, who has been noted by some to be the greatest fundraiser in political history, may find himself defeated in this battle for campaign cash. Perhaps Obama’s presidential honeymoon stage is coming to an end and his divorce from the Oval Office is unfolding before our eyes. We may not know until November if this is what is actually happening, but it looks like the American people are speaking and numbers don’t tend to lie.