Palin raising mad cash for Mccain, and Obama!

Gov. Sarah Palin has become a cash-raising machine for the McCain campaign, which seems to have spilled over into the Obama campaign. The day Palin was announced, McCain immediately raised over $4 million in 24 hours. However, the other result of Palin’s announcement has been Obama’s war chest growing ever larger as well.

First, a report from the New York Daily News on Palin’s success for Mccain:

WASHINGTON – Sarah Palin stole the spotlight from Barack Obama. She is a game-changer in the campaign’s money race, too.

Since John McCain picked Palin as his No. 2, donations to the Republican National Committee have exploded – bringing in more than $4 million just on the day she was named to the ticket.

The national party’s massive war chest is a huge boost for McCain, who accepted – and will be restricted to – $84 million in public financing.

The party essentially operates as a shadow campaign that can spend money on the candidate’s behalf.

“There’s no limit on how much the Republican National Committee can take,” said Republican operative Rich Galen, adding that fund-raising has also jumped in congressional races since Palin joined the ticket. “It’s all workin.'”

A senior GOP strategist told the Daily News he thought his party would ultimately be able to spend about $350 million on the contest. He estimated the Democrats could spend $400 million.

“Fifty million is not enough to win an election with money [alone],” he said.

Obama opted out of the public funds, believing he would raise considerably more than – and possibly even triple – the $84 million payout he would get from taxpayers.

Similarly, Obama also had a record month, that story from Yahoo News:

WASHINGTON – Sen. Barack Obama’s presidential campaign announced Sunday that it raised $66 million in August, marking another record fundraising month for the Democrat. The August total tops the $55 million Obama raised last February.

He reached the $66 million mark with help from more than a half million new donors.

Obama’s total for August was almost $20 million more than the $47 million Republican rival John McCain raised last month.

Obama’s campaign said that with the latest figures he had more than $77 million cash on hand.

More details about the campaigns’ finance are expected later this week, when their monthly financial reports are due at the Federal Election Commission.

Obama, a prodigious fundraiser, has decided not to accept public financing for the general election, choosing instead to spend as much money as he can raise on his historic bid to put a Democrat back in the White House.

Republican candidate John McCain has accepted public financing, which limits his direct spending to the $84 million he received after the GOP convention earlier this month.

Obama’s fundraisers have estimated that he still has to do better in September and October, than the August haul of $66 million, to remain on par with McCain and the Republican National Committee. The RNC has more money to spend on McCain’s behalf than the Democratic Party has to aid Obama.

Many attribute part of Obama’s high numbers to a massive outpouring from the Democratic base in response to McCain’s choice of Palin as VP. As Palin as energized the conservative base to donate in support of her to McCain, she has similarly energized the liberal base of the Democratic Party to donate against her to Obama.

This also underscores Obama’s reversal on his statement that he would limit himself to public financing if his Republican opponent did as well. McCain accepted public funds while Obama changed his mind on the issue and decided to keep raising money privately.

I have to assume that any VP choice by McCain, which would probably have been fairly conservative no matter who it was, would have also ignited Obama supporters to some extent. However, Palin holds very strong conservative views on guns and abortion which I believe probably convinced liberal donors to add an extra zero onto the check.

  • We are in the midst of a very important Presidential Election. Please before you go out and vote make sure you have all the facts. There are sites out there where you can uncover the truth.

  • There’s no doubt Palin has become a Cash Cow for McCain.

    Interesting analogies surrounding Palin:

    1) She’s a pitbull with lipstick
    2) She’s the lipstick regarding a pig with lipstick
    3) She’s a cash cow

    I wonder how many other animals we can get through till the election…LOL

  • Dreadsen

    Don’t forget eating Moose Burgers.

  • Christopher Schwinger
    Chuck Baldwin is not against Christians; he is one. But the so-called Christian right has such pathetic standards that people like Romney and McCain are acceptable to many of the leaders. Here’s this from Chuck Baldwin:

    “Let’s face it: John McCain is using Sarah Palin as inducement to trick conservatives into accepting his liberal, big-government, globalist candidacy. And, sadly, it is working.

    As I have said before, today’s national Christian leaders are among the most gullible people on the planet. They are so desperate to be invited to sit at the king’s table that they will compromise practically any principle. But accepting John McCain was a not only a bitter pill, it was a BIG pill, one they could not get down without a major dose of syrup. And that is exactly what Governor Palin brings to the table: sweet syrup to help conservatives swallow John McCain.”

  • John McCain picking Sarah Palin is the same as picking George Bush but in a skirt.

    Now who’s got a George Bush in a skirt image going through their mind?

  • JP

    Yea, unfortunately, John McCain isn’t the most conservative person out there; the choice of Sarah Palin is indeed a sweet syrup used to gulp down bitter McCain.

    Honestly, I don’t get the reason why people don’t see John McCain is just another liberal at heart. He is NOT a conservative no matter what people say because all in all, he’s just another Obama but lighter (I am a conservative).

    I thought the most conservative person in the GOP race had to be Gov. Huckabee and the only reason why he didn’t make it was because the GOP has forgotten its footsoldiers and despised them….I wish Gov. Huckabee was the one not McCain, cause honestly, McCain doesn’t really amuse me. But I’d rather have him than NoBama

  • Christopher Schwinger

    I have trouble understanding how people can continue to look at Obama or McCain as okay choices. A lie is a lie; the media has been calling them “gaffes” this year, as though they were unintended mistakes. Treason is treason. That McCain is so beloved by La Raza–as treasonous a group as the Communist Party USA–should be an instant red flag to everyone. I fail to see why it is not. Why do people who care about having leaders with integrity say that Palin makes a McCain ticket okay? She is not necessarily a traitor like McCain, but it is impossible for me to imagine her effecting positive changes on the McCain White House.

  • Christopher Schwinger

    I understand where you’re coming from, JP. I do recommend that you check out Chuck Baldwin, because he promises to secure our border and has a perfect record on the 2nd amendment.

  • Odonata28

    I just can’t figure out why some people can’t see past the barrel of their gun. Their are so many other more important issues. Just like abortion is never going to be illegal, neither are guns. Can’t we focus on the economy? The war? Education? This Chuck Baldwin guy is out there. Hopefully that’s where he stays.

    I was insulted that they would think women would vote for Palin because she is a woman. I think Christians should be insulted if they think they can be bought off so easily. However, if she is helping Obama raise money for his campaign, then I say “you go, girl!”

  • Deb

    LaRaza seems to like Obama too. As a matter of fact they are little disturbed because McCain admitted that he may be wrong about the illegals becoming citizens. Obama still wants to let them all stay here.
    But lets look at Obama’s associates. Talk about terrorism how about Ayers? How about Rev Wright and his hate for white people? How about Rezco who is known as the worst slum lord and facing charges? How about Frank Marshall Davis who admitted to being more on the communist side? Do we need to go on because I know there are more?