In May, the Romney campaign out raised the Obama campaign by $17 million with Romney bringing in $77 million and Obama $60 million.
For comparison purposes Dustin Hawkins reminds readers that in June of 2008, John McCain had only raised $22 million with the RNC raising $26 million.
By taking readers back to 2008 for a trip down memory lane, Hawkins also shreds Obama's rhetoric in 2012:
Here's the general feel of the whining by Democrats on the evil Republican money machine. From President Obama himself:
"You're going to have more money spent in this election than ever before by the other side on negative ads and they're message will be simple. They will say 'the economy is bad and it's Obama's fault... And because times are tough and because they are spending these ungodly sums, it's going to be close."So, let's break this down:
1) Ungodly sums of money: After breaking his 2008 promise to use the virtuous public financing system, Obama went on to out-raise John McCain $745 Million to $368 Million and out spent McCain $730 Million to $333 Million. So if you double John McCain's spending, he would have still spent roughly $60 Million less than Obama. Wait, Obama only won 52.9% of the vote with those ungodly sums?
2) "Negative Ads": I can't even watch an episode of Jeopardy without seeing at least 3 negative ads falsely attacking Mitt Romney's Bain capital record. And I am also pretty sure that Obama spent all of 2008 (and heck, must of 2009, 2010, 2011, and 2012) yelling "it's Bush's fault!" at every turn of the non-improving economy.
3) 2012 Money So far: Before Obama get's too hopped up on complaining about money, it's also important to note that through May 2012, Obama had raised $261 Million and spent $231 Million while Romney had raised just $121 Million and spent $107 Million. So let's not get too far ahead of ourselves, Mr. President.
In other words, it was fine to out raise and out spend John McCain in 2008, but for Romney to have the capability to do the same in 2012, which he hasn't done as of yet, it is now the height of evil.
Jim Geraghy goes through the Federal Election Commission data filed from January 2011 through July 3 and finds that contrary to Obama's and Democrats' rhetoric "So far, Obama’s super PAC is outspending all super-PAC efforts opposing him combined."
But that still leaves a two-to-one spending ratio of liberal anti-Romney efforts to conservative anti-Obama efforts. In fact, the president’s allies run the single biggest-spending and most negative super PAC of all: Priorities USA Action, founded by Obama’s former deputy White House press secretary, Bill Burton; Sean Sweeney, the former chief of staff to Rahm Emanuel; and Harold Ickes, who was deputy chief of staff to President Bill Clinton. This super PAC has spent $13.5 million in opposition to Romney so far, outspending all the super-PAC efforts opposing the president combined. While Priorities USA Action is often described as a “pro-Obama” super PAC in news coverage, it has yet to spend a single penny that it categorizes as “supporting” President Obama; all of its spending is classified as “opposing” Mitt Romney.
Last but not least and top campaign fundraiser, who over the years has raised money for candidates on both sides of the aisle, Bruce Zoldan, explains why, in his opinion, "Why Obama Is Getting Killed In The Fundraising Race."
Via Business Insider:
A major Clinton backer who has raised money for candidates from both parties, Zoldan was an early supporter of Obama in 2008, and even hosted the candidate for a fundraiser at his home in Canfield, Ohio — but he was noncommittal about whether he would be supporting the Democratic nominee this time around. He told Business Insider that he has been turned off by the Obama campaign's rhetoric on class war and income inequality, which he sees as unnecessarily divisive and antagonistic toward business owners.
"They talk too much about taxing the rich," said Zoldan, founder and CEO of the multimillion-dollar Phantom Fireworks empire. "Tax is not an issue with me — I pay my taxes and I'm happy to do it. But they are too focused on the idea that it is the rich people who are keeping down the poor."
"I'm not opposed to Democrats on this issue," he added. "What bothers me is to hear that he is making employees — my team members — feel that I am somehow being unfair to them, like I am the bad guy."
The attacks against Mitt Romney's wealth and record at Bain Capital fit into the message that "anybody in business who is successful has done something unfair to make them successful," he said. "I'm looking for more common ground."
In August 2011, as was mentioned yesterday, a Democratic strategist aligned with the White House, said "Unless things change and Obama can run on accomplishments, he will have to kill Romney."
There lies the problem for Barack Obama in 2012.
Obama cannot run on his "accomplishments," because even his signature accomplishment, Obamacare, is opposed by the majority of Americans.
Obama's policies have not brought unemployment down as the June report form the Department of Labor released their report this morning that unemployment is still at 8.2 percent with the U6, the real unemployment at 14.9 percent.
U.S. Manufacturing decreased for the first time in three years.
To top it off, with the Supreme Court ruling that the only way Obamacare's individual mandate could stand up constitutionally, was as a tax. That tax hits middle class Americans across the board and 75 percent of of all Obamacare's $501 billion, in taxes, hits families making less than $120,000 a year, despite Obama pledging consistently that he would never allow any type of tax to hit anyone who made less than $250,000 a year.
Obama cannot run on his accomplishments, because all he has really accomplished, is to preside over the slowest recovery since the Great Depression because of his political agenda and polices.