Big money fundraising getting harder for Obama campaign

President Obama appears to be botching his campaign fundraising almost as badly as he is screwing up the economy. It was mind-bogglingly stupid to announce a plan to raise a billion dollars for his re-election. This was a potent signal that he would play money politics, something progressives denounce when Republicans raise money.  Moreover, it appears to be a goal that will be hard to attain, given how much he has alienated some key constituencies. An article by Peter Wallsten today in the Washington Post describes "Obama pushing behind scenes to win over big-dollar donors."  President Obama and top White House aides are waging a behind-the-scenes push to win over skeptical big-dollar donors - whose early money is needed to help fund a dramatic summertime expansion of his battleground-state machinery. Campaign officials are working to broaden Obama's network of "bundlers," the well-connected rainmakers tasked with soliciting big checks from wealthy donors, while seeking to...(Read Full Post)

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