Obama Having Trouble Hauling in the Cash From Big Donors

President Obama’s campaign may have $100 million in the bank, but that doesn’t mean he’s not having fundraising issues. Even though he frequently attends posh, top-dollar fundraising events, according to the New York Times, he’s having trouble with the big donors. Their donations are down considerably compared to 2008. Maybe if he spent a little less time playing golf….

Here are a few other theories, via American Power:

Don Surber:

Follow the pols. Obama is pimping out the White House, sending Michelle to raise money, and enlisting George Clooney into the cause. That boast from Team Obama last year that it would raise a billion bucks became a goal of qualling the money raised last time — and then only by counting the money a president raises for the party.

From the New York Times: Jim Messina, Obama’s campaign manager, has “warned the party’s two Congressional campaign committees not to expect their traditional allotments of Democratic National Committee cash this year, money Mr. Obama is husbanding for his own efforts.”

Mitt Romney figures he can win by equaling Barack Obama’s fund-raising for the candidate and the party — and is banking on the Super PAC Allies spending $300 million to make Barack Obama a one-term president.

The Astute Bloggers:

I BELIEVE THAT MOST OF THE SMALL DONATIONS – UNDER $200, WHICH DON’T HAVE TO BE REPORTED TO THE FEC – ARE LAUNDERED, ILLEGAL, AND FOREIGN CONTRIBUTIONS MADE WITH STOLEN OR FAKE CREDIT CARDS AND UNTRACEABLE TEMPORARY CARDS.

OBAMA’S SITES DISABLED CREDIT CARD VERIFICATION IN ORDER TO PROMOTE THIS. (OTHERS AGREE.)

Doug Ross:

And if you’re on Obama’s various mailing lists — as I am — you’re sure to have noticed that his appeals for cash are now structured as contests. The entry fee is always the same: $3. And you’re enticed with the offer to eat dinner with he and Michelle (caution: just keep clear of her hands and mouth while food is served), a chance to win a date with Bill Maher, or an opportunity to vacation in Spain.

Not only is Obama struggling in his fundraising, but he’s also turning out to be political poison within the Democrat political establishment. Key Congressional representatives are openly badmouthing his policies. Democrat candidates, who flocked to him in 2008, are advised to stay as far away from him as possible.

There’s much work to be done to defeat Obama in 2012. But these are encouraging signs.

It’s still early, but this is encouraging. Remember, Jimmy Carter was doing very well in the polls leading up to the trouncing of 1980. Even just weeks before the election, the pollsters said Carter and Reagan were neck and neck. Most of the recent polls I’ve looked at showing Obama with a fairly decent lead over Romney fail to disclose the D/R/I split, and those that do are heavily weighted towards the Democrats. Then again, knowing how the left operates, don’t put anything past them.

Update: Linked by Conservative Commune – thanks!

Linked again by Conservative Commune - thanks!