Democrats Lament Too Much Money in Politics as Obama Heads to California for Five More Fundraisers

Posted by on Jun 06, 2012 at 7:25 am
obamamoney

After their crushing defeat in Wisconsin the coordinated reaction from the White House and their media mouthpieces was sniveling about too much money in politics while ignoring the millions they spent themselves in a futile effort to oust Scott Walker. They’re going to have a tough time keeping a straight face as their party’s leader, fresh off a dozen fundraisers since last Friday, heads to California yet again for another five shakedowns. The irony obviously escapes these idiots.

President Obama’s campaign is increasingly focusing its fundraising efforts on California, where Obama on Wednesday will make his third trip in a month to attend five fundraisers.

Silicon Valley and Hollywood are Obama’s hottest spots to raise money, and the spigots have opened wider since Obama last month went public with his personal endorsement of gay marriage, which went over particularly well with California donors.

The president’s trip on Wednesday will be his 16th visit to California since entering office.

To be sure, the Golden State has always been a major cash machine for Democratic candidates — and even some Republicans. Sixteen of Obama’s top bundlers — including DreamWorks Animation CEO Jeffrey Katzenberg  —  hail from California. But the state’s importance to the president has increased as Wall Street has cooled to Obama because of his attacks on Mitt Romney’s private-equity background at Bain Capital.

“California has always been the go-to, but it’s becoming that way more than ever this cycle,” said Chris Lehane, a Democratic consultant based in the Golden State.

While Obama might be losing support among investment bankers and hedge fund managers, he’s tapping into the munificence of Silicon Valley, where business has continued to prosper under his presidency, Lehane said.

So some businesses have managed to weather the Obama economic calamity and they claim they’re prospering under Obama. OK, folks, keep believing that.

And when Obama visits the state on Wednesday and Thursday, with two stops in San Francisco and three stops in Los Angeles, he’ll reap the financial benefits of his endorsement of same-sex marriage, observers say.

Ted Johnson, who writes the popular Wilshire and Washington blog for Variety, points to one example as proof: Ticket demand for an LGBT gala Wednesday night in Los Angeles spiked after Obama’s gay-marriage declaration, and a separate dinner — hosted by “Glee” co-creator Ryan Murphy — was added to the schedule.

“The campaign is definitely seeing the demand in California this year,” Johnson said. “Just the fact that he was here three weeks ago and now he’s back is proof of that.”

Actually it’s proof his base is dwindling and his alleged support for gay marriage was a cynical ploy to  prop up his failed presidency.

Now when he outspends Mitt Romney and still gets crushed in November, how will his apologists explain that?

Oh, racism, of course.

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6 Responses to “Democrats Lament Too Much Money in Politics as Obama Heads to California for Five More Fundraisers”

  1. Honey Badger on 6/06/12 at 1:41 pm

    So who opted out of Public financing for his Presidential campaign and raised a record amount of money?