I think just about all of us can agree that Obama is legendary-bad as president. The world hates us just as much as it ever did. He’s spent a zillion dollars, running-up the debt into the stratosphere, while failing to improve the economy. Unemployment is high, and just about every one of us has lost money on our homes. If we didn’t – outright – lose our home.

But, you know what he is good at? Campaigning. He can’t lower unemployment, but he can raise funds in his attempt to keep his job.

On the Democratic side, meanwhile, the president has shattered the first-quarter fundraising records for an incumbent. He raised an unprecedented $86 million. That is more than the $60 million goal his campaign had set and easily surpasses the $50.1 million that then-President Bush had raised at the same point in the 2004 cycle.

Good job, Obama!

Republicans had hoped that, with unemployment topping 9 percent and Guantanamo Bay still open, left-wingers might no longer be so enthusiastic about President Obama. The answer from early fundraising is that the president has very enthusiastic supporters.

What’s not to be enthusiastic about, I guess. Amiright??? Whether he’s off golfing for the Xth weekend in a row, or calling Americans too simple to understand hard issues like unemployment numbers or the debt ceiling, some people still love Obama.

From comments:

Ya gotta love it Juan. Obama, champion of the middle class, common man, downtrodden and protector from the corporate millionaires and fatcats, is stuffing his coffers with cash from the very fuel of his Robin Hood persona.
Or is he getting all the money from the 9.2% unemployed, the dog food eating seniors and the starving children of his base?

Obama, champion of the little man:

Obama raised $86 million in the last three months from 500,000 people — but at least $35 million of it can be traced to just 244 well-connected supporters who collected contributions from wealthy friends. Obama’s controversial meeting with supporters in the White House’s Blue Room on March 7 included 16 attendees who amassed at least $3.95 million for his 2012 election race.

Obama likes to tout that he’s getting $5 donations from the little people, but the truth is a tad different.

But the list, which was voluntarily disclosed by Mr. Obama and includes 27 people who brought in more than half a million dollars each — at least $13.5 million between them — is made up of many of the same people who have had outsized influence on American politics for years.

While the figures released by Mr. Obama include only names and locations, a Times analysis found 25 that likely bundled contributions for John Kerry in 2004. At least 90 worked as bundlers for Mr. Obama when he was a freshman senator mounting a bid for the presidency in 2008, but others were betting on his opponents: Ten were raising money for Hillary Rodham Clinton and seven bundled for John Edwards.

Federal donor histories of the half of the 244 that could be traced by The Times show that that segment alone, with their immediate families, has personally donated $21 million to U.S. elections in more than 7,800 checks between 2007 and 2010.

Obama likes to tout that he’s a grassroot fundraiser (you can even start your OWN Obama grassroot fundraising page that links to the Obama money-hauling machine). Back in 2008 he said this:

Small givers, he said at a fundraiser this week, “will have as much access and influence over the course and direction of our campaign that has traditionally been reserved for the wealthy and the powerful.”

Oh yea? Obama’s a liar.

Obama rewards big bundlers with jobs:

More than two years after President Obama took office vowing to banish “special interests” from his administration, nearly 200 of his biggest donors have landed plum government jobs and advisory posts, won federal contracts worth millions of dollars for their business interests or attended numerous elite White House meetings and social events, an investigation by iWatch News has found.

These “bundlers” raised at least $50,000 and sometimes more than $500,000 in campaign donations for Obama’s campaign. Many of those in the “Class of 2008” are now being asked to bundle contributions for Obama’s re-election, an effort that could cost $1 billion.

Everyone does it, though, right? Hope and Change folks:

As a candidate, Obama spoke passionately about diminishing the clout of moneyed interests and making the White House more accessible to everyday Americans. In kicking off his presidential run on Feb. 10, 2007, he blasted “the cynics, the lobbyists, the special interests,” who he said had “turned our government into a game only they can afford to play.”

“They write the checks and you get stuck with the bill, they get the access while you get to write a letter, they think they own this government, but we’re here today to take it back,” he said.


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