Howard Dean Announces Joint Dem Fundraising Effort/Agreement

[YDogg]

Source: CNN TV

Edit: More news about this and the text of the release are now in the thread.

No link yet.

[maddezmom]

1. I just heard the same, is it for the DNC?

the newsreader didn't have a lot of info.

[YDogg]

2. I cannot locate anything at democrats.org

still looking elsewhere.

[Liberal_Stalwart71]

4. Is this the Obama-DNC deal that was talked about a few weeks ago? n/t

[madfloridian]

16. Yes, to jointly raise money for the general election.

Obama was on board sooner, now she is.

[MaineDem]

3. DNC Release:

Dean Announces Joint Fundraising Agreement with Clinton and Obama Campaigns

Washington, DC -Democratic National Committee Chairman Howard Dean
announced today that the DNC has signed a joint fundraising agreement
with the Clinton and Obama campaigns. As part of the agreement, a new
entity, "Democratic White House Victory Fund," has been formed. The fund
will allow both candidates to raise money for the Party, forming one
joint fundraising committee account that will accept money for the
nominee's primary and general election and for the DNC.

"The Democratic Party is incredibly fortunate to have two strong
candidates who have generated transformational enthusiasm across the
country. We've seen historic turnout as new voters have come out to show
their support for our candidates and fundraising numbers have been
through the roof," said Democratic National Committee Chairman Howard
Dean. "While this is a close primary, at the end of the day both of our
candidates understand that this election is about the future of our
country. In signing this agreement, Senator Clinton and Senator Obama are
demonstrating their commitment to unifying our party and ensuring that we
have the resources needed to win the White House, no matter who the
nominee is. The message is clear. Democrats are unified to put a Democrat
back in the White House so we can get our economy back on track, bring
our troops home and finally do something about our ailing health care
system."

###

Paid for and authorized by the Democratic National Committee, www.democrats.org.
This communication is not authorized by any candidate or candidate's committee.

[Robbien]

5. A whole bunch of words which say nothing

except that it is all about the presidential race.

[YDogg]

7. Well, it may be intended to get Clinton out of debt.

:shrug:

[YDogg]

9. That's what they are postulating on MSNBC now.

[MaineDem]

11. I don't think it has anything to do with that

It's to raise money for the DNC's general election fund. This will help with the 50-state strategy.

[thunder rising]

13. That's exactly what it is. DNC can take all kinds of donations and assist the candates. Hillary

must acknowledge the DNC and the commitment to unify after the decision.

[madfloridian]

10. It's to jointly raise money for the general election.

.

[Robbien]

12. Which kinda means nothing

Unless general election money can be used to cover primary election debts, which I do not believe is legal. Is it?

[MaineDem]

14. This isn't to cover primary debt. n/t

[Robbien]

17. That is what I thought. So this announcement is a red herring

Of course Clinton and Obama will support Democratic presidential general election fund raising.

That is a given for a Democratic politico.

[MaineDem]

18. I think it's more than that

I think they will actively take part in fundraising for the DNC.

[YDogg]

6. Thanks. I still cannot locate it there. My first day using the internets.

Interesting news, though.

[maddezmom]

8. thanks and here's AP's : Dems raise money together

Dems raise money together 4 minutes ago

WASHINGTON - Democratic presidential rivals Barack Obama and Hillary Rodham Clinton can agree on one thing — they want their party to have more money, no matter who is the nominee.

The Democratic National Committee announced Wednesday that it had signed agreements with both campaigns to begin raising money together.

As part of the agreement, donors can contribute up to $33,100 to the newly created Democratic White House Victory Fund. Most of the money will benefit whichever candidate becomes the nominee.

Officials at the DNC said Chairman Howard Dean has been working with both campaigns on the idea since February.

more:http://news.yahoo.com/s/ap/20080514/ap_on_el_pr/democrats_fundraising_1

[golddigger]

15. Well, that just shows you...

Hillary only thinks about herself. :sarcasm: