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Home Front: Politix
Obama Campaign Spending Out of Control - Going Broke Fast
2008-06-11
Just because the Obama campaign doesn't pay for cabs from O'Hare and staffers are expected to double-up at hotels doesn't make it frugal. Indeed, Obama oversees a team of 700 people--more than twice as many as Bush in 2004--the biggest, most bloated campaign in the history of presidential elections:

So far in 2008, combined campaign-spending data for the three most recent months available--February, March and April--show that Sen. Obama outspent Sen. McCain 4.5-to-1 on staff salaries, more than 2-to-1 on office rents, and 25-to-1 on broadcast advertising, according to the Center for Responsive Politics.

Sen. Obama has about 700 employees on the payroll, scattered across 19 states. The McCain cadre is around 100, divided among a handful of local offices.

These hired guns aren't going to deliver Obama the presidency. Having that many cooks in the kitchen is going to dilute his message and bleed him dry. With a burn rate of 114 percent, the Obama campaign won't be able to maintain spending at primary levels even if fundraising were to remain constant--which is unlikely because so many Democratic donors have already given the maximum contribution.

Makes you wonder what kind of tax-and-spend operation Obama will run once he doesn't have to depend on voluntary contributors to foot the bill. Also makes you wonder how biased the media must be that it would characterize the Obama campaign as lean and efficient when in reality it is desperate, spendthrift, and broke. Finally, makes you wonder how a guy who has raised all this money, won his party's nomination, and received all this fawning attention for his historic achievement remains very nearly tied in the polls.
A hunnert million bucks covers a multitude of sins. Don't underestimate David Axelrod's ability to maintain the Ponzi scheme of campaign financing through the election.
Posted by:Spavinter Shomoper9879

#17  "I will veto every beer!" - says the cottage cheese on green jello salad
Posted by: Threse Ghibelline5495   2008-06-11 21:44  

#16  "Different wrapper, same complete lack of substance underneath."

Fixed that for ya', #5 OS.
Posted by: Barbara Skolaut   2008-06-11 14:13  

#15  so with Soros funneling all that money in, why does MoveOn have to hold another bake sale to fund Obama?

(no kidding... it's called "Hungry for Change")
Posted by: Querent   2008-06-11 13:09  

#14  Is making fun of a green background the best the media can do against McCain? Couldn't they at least get a sound bite from the Right Racist Reverend Wright ranting "GOD DAMN MCCAIN!"
Posted by: ed   2008-06-11 12:09  

#13  Going Broke Fast

And this is the model to run a government. Oh, wait, never mind.
Posted by: Procopius2k   2008-06-11 12:00  

#12  No I'm neutral right now, but McCain is a joke now, it's hard not to laugh.

http://www.cnn.com/video/#/video/politics/2008/06/11/moos.mccain.green.screen.cnn?iref=videosearch
Posted by: Blinkey   2008-06-11 10:59  

#11  Beat me to it, wxjames. How ironic that McCain could be screwed by his own creation.
Posted by: Ptah   2008-06-11 10:27  

#10  And remember, those 527s are brought to you by asshat McCain/Feingold.
We really, really need one stable adult patriot to be running against these stooges.
Posted by: wxjames   2008-06-11 10:21  

#9  Hey, is Blinky one of those Obamanauts that keep an eye on all those RWDB blogs?

Sure sounds like it.
Posted by: AlanC   2008-06-11 10:18  

#8  Obama's funds are essentially unlimited with leftist billionaires like Soros, Lewis and Bing backing him. In 2004, just 5 accounted for over $100 million spent on Kerry via 527s.
Posted by: ed   2008-06-11 10:01  

#7  I predict Obama will be in real trouble with funds in August.
Posted by: DarthVader   2008-06-11 09:54  

#6  Call Antoin "Tony" Rezko, he can help.
Posted by: Besoeker   2008-06-11 09:20  

#5  Its a typical Chicago Pol, paying off people by hiring them.

Obama is just another Chicago machine politician.

Different wrapper, same substance underneath.
Posted by: OldSpook   2008-06-11 09:13  

#4  Just a preview of an Obama federal budget
Posted by: badanov   2008-06-11 06:22  

#3  Obama, got any managerial experience on your resume? Thought so.
Posted by: Richard of Oregon   2008-06-11 02:59  

#2  I don't see how this article is that accurate. There is no evidence saying he's going broke, only speculation by the author.

Maybe if McCain had 700 employees, he be broke, but for Obama college kids don't cost that much. Hired guns? It's just better organization of the team.

http://www.youtube.com/watch?v=bnhmByYxEIo

Finally, makes you wonder how a guy who has raised all this money, won his party's nomination, and received all this fawning attention for his historic achievement remains very nearly tied in the polls.

48 vs 42 (6 points so far)

Easy, McCain sealed the nomination and sat unchallenged on his kaboose for 2 months watching a cat fight. The real fight is just beginning, save your predictions!

Posted by: Blinky Elmaitch9489   2008-06-11 02:17  

#1  Illinois is always broke due to its pols. Obama is an Illinois pol so... it is expected.
Posted by: 3dc   2008-06-11 01:25  

00:00