You know, you really can’t call bankers “fat cats” and wage class warfare and still expect to collect check after check from your former friends on Wall Street and the rest of the fabulously wealthy.
The Washington Post reports today that Obama’s contributions from the evil rich folks needed to create a nice early war chest are way down.
From the piece:
Republicans and Democrats alike thought Obama would have a big financial advantage over Republicans this fall given his record-breaking 2008 fundraising and his status as the sitting president. But the trend of slackening big-donor support is the latest in a series of indications that the 2012 money battle is going to be much tighter than once imagined . . .
Recent moves by the Obama campaign have suggested that it may be eventually pinched for cash. Obama campaign manager Jim Messina and White House adviser David Plouffe told top congressional Democrats that Obama and the DNC don’t have any money to spare for House and Senate races.
Obama also recently changed course and asked top fundraisers to support a super PAC acting on his behalf . . .
At the same time, the Obama campaign has been burning through money at a furious pace. In January, for example, the Obama campaign spent $17.7 million while raising only $11.9 million. That has left Obama with about half as much money in the bank as Bush had eight years ago ahead of his successful reelection.
Shocking. And this even after the Treasury Secretary tried to clear things up other day by saying that the rich should pay more taxes for the “privilege” of living in the United States.
Who would have imagined giving people the finger time and time again would make them angry?