New Obama-DNC fundraising deal

[Adelante]

After a series of discussions, the Obama campaign and the Democratic National Committee have decided to file papers with the Federal Election Commission establishing a “joint fundraising agreement.” Under the law, such a committee can accept up to $28,500 from individuals, most of which would go to the DNC.

-snip

Sources say the DNC has also held talks with Hillary Clinton’s campaign about forming a separate vehicle with her, but that no deal has been struck.

The fact that the Obama campaign is moving forward and Clinton is not at this time reflects certain important realities: Obama’s team is more confident that he will win the nomination than is Clinton’s — and Obama’s campaign has the necessity and luxury of thinking about and planning for the general election to come.

As part of that preparation, the campaign is thinking about how to divide up roles and responsibilities between the campaign’s Chicago headquarters and the DNC in Washington.

The DNC has stood out during this election cycle as the one major party entity that has not been raising money like gangbusters, and officials in both camps hope the joint agreement can allow the DNC to tap into Obama’s extraordinary leverage and popularity with donors, particularly after he secures the nomination — assuming he does.

http://thepage.time.com/obama-dnc-fundraising-deal/

[dkf]

1. There it is...Hillary isn't interested in funding the DNC because

she knows eventually it will help Obama win the Presidency...ruining her chances for 2012.

Really, she should be the one to do this because her donors are all maxed out anyway.

Now we see how much she cares about the party or if she is only in it for herself...as I believe to be the case.

[tishaLA]

30. I think she's also concerned about her donor lists

becoming public because she likes to rent them out. She wants to hold them close to the vest...

[RUMMYisFROSTED]

2. She's hammering out a deal with the DLC.

[loudsue]

20. The DLC is indeed her financial sweet spot. Republican infiltrators in the Dem party, every one

of them.

They're like a cancer on the legislature.

[knixphan]

23. ding ding ding!

Yes!

'This town needs an enema'...

[jackson_dem]

31. Funny. More DLC members have endorsed Obama

[krkaufman]

38. The DLC *is* the Clinton campaign, and vice versa. Endorsements don't equate ...

... but I'm glad to see you're at least reality-bound enough to see that the DLC is a negative force.

[redqueen]

3. Sweet.

Thanks for posting this.

[madfloridian]

4. Remember the meeting when Clinton donors got huffy with Dean over FL and MI

http://journals.democraticunderground.com/madfloridian/1970

They were trying to work out a deal then, and her donors would not quit attacking Dean.

Glad to see this cooperation between Obama and DNC

[Coexist]

29. I can't wait to for Obama donors to open

the spigot for the DNC's coffers.

[jackson_dem]

32. Will they? Is it a true "movement for change" or a "movement" about one man?

What if Obama loses, either in the primaries or the general. Where will his voters be in 2010 and 2012? Are they in it for Obama or in it for Obama's policies?

[NJmaverick]

5. Yet another reason why Obama should be the nominee

he will be able to bring major $$$$ to the DNC

[PoliticalAmazon]

6. I don't want to support the DNC. I won't donate to Obama if my money will go...

...towards enabling the failed strategies and failed leadership of the DNC to remain in power.

[redqueen]

8. Could you be specific about the "failed strategies and failed leadership" please? (nt)

[Inuca]

9. "to remain in power"???

WHat exactly are you talking about? Are you sure you are not thinking of the DLC?

[Skidmore]

10. The failed leadership as such is a result of the DLC hamstringing

non DLC candidates and hijacking the party agenda.

[madfloridian]

13. Do you mean the DLC? Dean doesn't make policies.

He is trying to build the party throughout the country

[Skidmore]

7. Question of the day:

Which candidate will put the party and the nation in a better position to clean house in DC and on the global stage? The corruption needs to be eliminated. Enron, Halliburton, Blackwater, the list goes on. Republican and complicit Dems need to go. We need a chance to breathe. The people need to open the doors and windows of the nation and let the sunshine in. The Rs sure as hell won't do it and the Dems can only do this when we have a president who is not part of the problem.

Good move.

[SunsetDreams]

11. Obama will be the nominee, so it's irrelevant IMO what Hillary does

It does tend to show that she may not care about the Dem Party as others have suggested

[Barack_America]

12. At the end of the day it's about coattails...

And cash makes for great coattails.

If I'm not mistaken, this deal would work out well for Democratic superdelegates too, no?

[DemsUnited]

15. Nail, meet hammer. You nailed in Kristi1696. This is a strong

statement of unity between Obama, the DNC, and all of the democratic candidates in Senate, House and state races looking for support in terms of dollars and coat tails.

[Barack_America]

25. Not to sound too cynical, but this may also explain the hold-up in SD endorsements.

Perhaps some were looking for their "street money"?

:shrug:

This, along with Pelosi, Reid and Clyburn's statements...combined with Obama's Voter Registration drive tells me that the powers that be have come to a decision. This is over. I am very curious to hear what Howard Dean is going to say on MTP this Sunday.

[Schema Thing]

16. :wink:

yep, this may be the political move that ends this thing.


We little folks have done our jobs. Now, if the rich can flood this fund with un-godly sums of money in an unheard of time frame; perhaps the SD's will get off their asses and slay this Monster?

[TahitiNut]

22. You got it. Hillary has NO "coattails." None.

The DLC has eviscerated the Democratic Party ... and has been responsible for more GOP 'wins' than DLC 'wins'.

After all, why vote for "Republican-lite" when you can have the "real thing"??

[yourguide]

14. Well, I think she's more interested in taking on the DNC

because she is going to try to veruca salt in Michigan and Florida. The DNC right now will not let her have her way.


so no, she is not going to work out any fundraising on behalf of the dnc.

[Adelante]

27. Dean might advance the 50-state strategy

And we can't have that!

[Coexist]

17. I'll help. Most Obama supporters will, I am sure

a large flow of cash into the DNC coffers will be on its way soon.

[blogslut]

18. Whoa

This is a big damned deal.

[BootinUp]

19. More to do with Bank account balances than anything else. nt

[madfloridian]

33. More to do with how Hillary's big donors have tried to crash DNC fundraising.

But then you know that.

[BootinUp]

34. that sounds like crazy spin to me. nt

[madfloridian]

36. Remember the meeting where Hillary donors attacked Dean?

That's what it was about. Hillary people make it about Fl and MI, and Obama big donors sat quietly...and now they are teaming to support the party.

http://journals.democraticunderground.com/madfloridian/1970

[Adelante]

37. That did cross my mind, MF

I mostly think it is prepping for the GE, but there can be more than one purpose for doing this. I'm glad the DNC can now tap into some of Obama's fundraising prowess.

[SoCalDem]

21. Obama is about building the party & getting democrats elected so he has a friendly congress

He is more than willing to SHARE with downticket candidates (and already was instrumental in taking Hastert's old seat (eew!) for us)..

Hillary?..She in debt and has ONLY ever been interested in HIllary..
She raised GOBS of extra cash in her re-elction, and KEPT it all for herself..

[Coexist]

26. the nerve of that man!

[knixphan]

24. Yep -

Dean = Obi-Wan
Obama = Luke

[EFerrari]

28. Howard Dean and Barack Obama -- the two smartest people in the Party.

:rofl:

:woohoo:

[catgirl]

35. Sounds like a good deal to me