Obama's Amazing Money Machine -- Political Wire

Obama's Amazing Money Machine

Joshua Green has a must-read piece on Sen. Barack Obama's fundraising operation which is "quite unlike anything seen before in national politics. Obama's machine attracts large and small donors alike, those who want to give money and those who want to raise it, veteran activists and first-time contributors, and -- especially -- anyone who is wired to anything: computer, cell phone, PDA."

"Here's another thing: he is doing it almost effortlessly. That is to say, in an era when the imperative for campaign dollars demands more and more of a politician's time and lurks behind so many recent scandals (including the auctioning-off of the Lincoln Bedroom), Obama has raised more money than anybody else without plumbing ethical gray areas or even spending much of his own time soliciting donations. During the month of February, for example, his campaign raised a record-setting $55 million -- $45 million of it over the Internet -- without the candidate himself hosting a single fund-raiser. The money just came rolling in."

May 14, 2008

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Taegan D. Goddard is the creator of Political Wire, a political column updated around the clock with the most interesting news, buzz and commentary.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

This is a personal site and does not necessarily reflect the views of any company, political campaign or advocacy group.

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