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Report: Obama Didn't Have as Many Small Donors as Was Hyped
November 25, 2008 9:26 AM
The Campaign Finance Institute issued a "Reality Check" report that demolishes the myth that President-elect Obama was largely funded by small donors.
In reality, says the non-partisan group, the percentage of small donors who gave to the Obama campaign -- 26 percent -- is roughly the same as the percentage of small donors who contributed to President Bush's reelection in 2004, 25 percent.
"It turns out that Barack Obama's donors may not have been quite as different as we had thought," says the Institute's study. "Throughout the election season, this organization and others have been reporting that Obama received about half of his discrete contributions in amounts of $200 or less. The Campaign Finance Institute (CFI) noted in past releases that donations are not the same as donors, since many people give more than once. After a more thorough analysis of data from the Federal Election Commission (FEC), it has become clear that repeaters and large donors were even more important for Obama than we or other analysts had fully appreciated."
"The myth is that money from small donors dominated Barack Obama's finances," said CFI's executive director Michael J. Malbin. "The reality of Obama's fundraising was impressive, but the reality does not match the myth."
Only 26 percent of PEBO's money through August 31 (and 24 percent of his funds through October 15) came from donors whose total contributions aggregated to $200 or less, the Institute says.
The change in record-keeping comes after the Institute merged the donor records, combining multiple records, which updated the data base, revealing that 580,000 different people ultimately gave more than $200 so they were no longer considered "small donors."
PEBO ultimately received about 80 percent more money from large donors (giving more than $1,000) than from small donors -- 47 percent of his total cash, compared with 56 percent for Sen. John Kerry, D-Mass., in 2004, and 60 percent for both Bush and Sen. John McCain, R-Ariz.
The Institute estimates that through the end of August, PEBO raised $90 million with the help of bundlers, $120 million or so from other large donors, and $119 million from small donors. "The comparison should make one think twice before describing small donors as the financial engine of the Obama campaign," the Institute concludes.
Campaign spox Ben LaBolt tells ABC News, "Our campaign was fueled by contributions from over 3.95 million Americans, and we didn’t accept a dime from PACs or Washington lobbyists. 91 percent of our contributions were in amounts of $100 or less, and while the total contributions from donors who gave a small amount to the campaign each month over the course of two years surpassed $200 in certain cases, there's no doubt that small dollar contributors played a critical and unprecedented role in Barack Obama's victory."
What this comes down to is an assertion from the Obama folks that the Institute's calculations are based on an old total number of donors to the campaign –- nearly 3 million -- instead of the 3.95 million Americans who donated to the campaign.
The Obama team rejects the fundamental hypothesis of the study. If you were a donor who saved up to donate $20 to the campaign every couple months over the course of two years, an aide says, and all of those contributions eventually added up to more than $200, that doesn't mean you’re not a small dollar donor.
-- jpt
November 25, 2008 | Permalink | Share | User Comments (191)
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This is such biased non-analytical thinking! If the cut off is $250 for you to report it as a 'small donor' contribution, then it is time to raise the 'small donor' designation perhaps. Over an 18 month campaign, $1,000 is only about $55/month. Should $55 a month for Obama supporters be lumped in with $10,000 a month contributions? I think not.
The PEOPLE elected Obama, not large donors. It doesn't matter how you spin it for the sore-losing republicans you represent, the educated critical thinking new America knows the real deal.
Sorry Rush (ooops, Jake), your analysis is flawed and obviously wants to slant dum-dum opinion. Instead, why not fight the good fight and ask whether small donors in 2008 should be limited to a $13 a month in order to NOT be considered large donors? Can't even fill your gas tank for a week on $13 to put this in perspective.
Posted by: Common Sense | Nov 25, 2008 9:46:10 PM
He will go back on his word as long as it will get him where he wants to go.
Posted by: poop | Nov 25, 2008 9:18:43 PM
Now Jake why don't you check the donor list and see how many are not even legit and foreign. Was there money laundering going on?
Posted by: jklm_abcd | Nov 25, 2008 8:51:32 PM
Posted by: countrygirl_74 |
There was no way I would have given 1 dime to this MORON. The way he blew money I could have used some of the millions he blew, OH where is my money he was suppose to help out the little guy with by the way.LOL I never believed a word this guy said, and I still can't believe all the people that fell for him
..............
If this typifies a Republican - it's no wonder you guys lost.
Posted by: cturple | Nov 25, 2008 8:31:15 PM
I gave 6 to 8 times. My last donation was $5. My largest donation was $25. I'm self-employed, single, and a full-time non-traditional college student. I think I'm pretty typical of the average Obama supporter.
Posted by: cturple | Nov 25, 2008 8:28:12 PM
This is just the first of many lies which will begin to be exposed in the open.
Posted by: whatever | Nov 25, 2008 8:26:29 PM
First of all the idea that you could fund a campaign on 5.00 is really not
dealing in reality. The important thing here is it gave folks like us a voice
however small it was. That is more important in the end!I hardly consider
200.00 a big contribution do you?
Posted by: chris johan | Nov 25, 2008 8:04:26 PM
I have to admit as well that after watching George Bush and his gang of corporate stooges disgrace our highest offices for the last 8 years, listening to these pathetic squeals of sour grapes is most entertaining.
Posted by: Piles | Nov 25, 2008 8:03:40 PM
So are wingnuts going to act like crybabies for the next 4 years or what? I love reading the unhinged rants from idiotic talk radio listeners who still can't believe Obama won. I love it!
Posted by: Mickee | Nov 25, 2008 7:47:36 PM
Once upon a time I was a small doner. Then things got to me and I ended up donating a total of 4 times. There must have been a few of me. I would not call my somewhat over $400 some huge amount. I guess they do though.
Posted by: Susan-1 | Nov 25, 2008 6:44:37 PM
There was no way I would have given 1 dime to this MORON. The way he blew money I could have used some of the millions he blew, OH where is my money he was suppose to help out the little guy with by the way.LOL I never believed a word this guy said, and I still can't believe all the people that fell for him
Posted by: countrygirl_74 | Nov 25, 2008 6:14:01 PM
Anna - for most children who have trouble reading, it's the parents who are to blame, not the educational system. Most schools encourage parents to read with youngsters for at least 20 minutes each day, and few follow that guideline. Combine that with the fact that few parents volunteer in the classroom or attend PTO meetings or school board meetings and you'll realize that most parents themselves don't value education or even care how their school board spends money - you can't blame everything on the government. Citizens deserve most of the blame when schools fail.
And just so you know, the US has some of the best schools in the world - people come from all over the world to go to school here. Yes, we have some pretty mis-managed public ones too, but take a look at education in places like Haiti, Cuba or some African nations before you start calling US schools some of the worst in the world.
Attend a school board meeting and look at how they are spending money. Compare that with some of the more creative districts who have found ways to save money and provide better education (hint, it takes a whole community to make a school successful).
Posted by: Ugly truth | Nov 25, 2008 5:53:13 PM
If you were relying on Bush to save you you are disappointed. If you are relying on Obama to save you ,you will be disappointed. Government cannot help you . You have to help yourself. That is why I'm a conservative. That is why I don't have major problems and am very happy. Liberals always depend on someone else, such as Katrina victims,that is why they will always be waiting for a savior. Good luck with that!
Posted by: CHAOS | Nov 25, 2008 5:44:22 PM
Posted by: liberalshateAmerica | Nov 25, 2008 5:29:22 PM
Americans do not hate America. But some feel Bush was not even close to being a good president. A democrat was going to win this year no matter what and especially against McCain. It has nothing to do with the media.
Posted by: annie | Nov 25, 2008 5:42:04 PM
Nashville_fan "the rest of us will be trying to SAVE OUR COUNTRY, seeing as it was left in tatters by all the half-baked foreign and domestic policies the Republican party has been trying out on us for the past 7 years and 10 months." --- I'm just wondering, if you believe our country is in tatters, why have you waited to try to save it?? Jump right in and get to work. No need to wait for Obama. There's plenty to be done now and many of us (republicans and democrats) are already working to save it.
Posted by: A little curious | Nov 25, 2008 5:41:49 PM
The real Bush legacy,
-Not been attacked since 9/11, even though liberals have done EVERYTHING in their power to make us as weak and vulnerable as possible by combatting EVERY piece of anti-terrorist legislation that has been proposed.
Whether it be voting against the Patriot Act, screaming "torture" when we drop water down terrorrists noses, making multiple anti-American "documentares" joe goebelle's style, or simply saying that you have never been proud of your country in your adult life, as bitter Michelle Obama has proudly stated several times, liberals ALWAYS jump to the anti-American position. They extend olive branches to mass murderers but don't hesitate to call Bush "evil".
History will vindicate Bush, who has certainly made mistakes, but overwhelming ran this country on a steady course. He chose to listen to the intelligence around him and not by poll #'s. (polls were overwhelming in favor of doing NOTHING in 1939 to combat hitler).
McCain's inability to expose the dems as robin hood, socialists who have been running around imposing their "spread the wealth around" policies, forcing fannie mae/freddie mac to give loans to people who could never pay them back, and are the real reason our economy is in shambles, is not the fault of Bush.
If the media hadn't abandoned its principles years ago, barry obama would never have been elected.
Posted by: liberalshateAmerica | Nov 25, 2008 5:29:22 PM
The claim of those who exceeded the $200 while giving, let's say $10 a month, that they are "small donors" is ridiculous. $1,000 or $500 is $1,000 or $500 no matter how you give it, in tens, fives or $1,000 at a time. The total sum of your contribution is what makes the difference. And yes, this is another lie of Obama's campaign. The funny thing is that I don't understand why Jake is bringing this up now.
Posted by: Definitely Common Sense | Nov 25, 2008 5:14:55 PM
Ah, the last hope of the defeated, a nefarious conspiracy!
Since you don't KNOW that anything illegal happened, and you can't PROVE anything illegal happened, you just DREAM that something illegal happened.
Have fun making up stories - the rest of us will be trying to SAVE OUR COUNTRY, seeing as it was left in tatters by all the half-baked foreign and domestic policies the Republican party has been trying out on us for the past 7 years and 10 months.
I hear they have medicine that can greatly reduce paranoid delusional attacks - you all might want to look into that - with your muslim, birth certificate, marxist, wealth sharing nonsense.
Time to grow up folks - we can no longer afford the luxury of listening to your fairytales.
Posted by: Nashville_fan | Nov 25, 2008 5:01:33 PM
Posted by: mfmros | Nov 25, 2008 4:26:07 PM
Well it was between McCain and Obama. After 8 years of a republican, we wanted to see a dem in the white house. Now that's what I consider change.
Posted by: d | Nov 25, 2008 4:54:50 PM
The whole point of the $200 limit is that people who contribute less do not have to be identified, which is what they wanted - for these contributors NOT to be identified. I believe a ton of it came from overseas, which is illegal. So no pacs outwardly gave any money, but how do you know? You don't know who contributed if they gave $200 a thousand times using all different names, or using the store bought credit cards that can't be traced. So maybe there were pacs who wrote "donald duck" as the donor. Or worse, maybe they were foreign donations. That really compromises our country. There is a reason these laws are made keeping in check campaign contributions. And how does anyone justify spending over 650 million on a campaign? Thought he was worried about the economy and starving people. And as for his cabinet picks so far, if we had wanted so many of Clinton's people, we would have voted for Clinton.
Posted by: KathyfromNY | Nov 25, 2008 4:46:30 PM
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