Sunday, October 07, 2012

Windfall: Obama Raises $181 Million, Only Around 2% of Donations Reportable......

Imagine this were a Republican.......imagine the screams from the Media....again, as always...it's Obama and crickets chirp...
Two days, two tales of funny...or shall we say, "Fuzzy Math"....

The news should raise eyebrows.

The campaign said that just over 1.8 million people made donations to the campaign last month. According to the campaign, over 500k of these were brand-new donors, having neither given in 2008 nor 2012. 98% of contributions were under the reporting threshold of $250. Of these, the average contribution was $53.

Its really a tale of two worlds. 35k people gave an average of $2,600, while just over 1.7 million people gave an average of $53. Half the campaign's haul came from people giving around the maximum amount and half from people who don't have to be disclosed. Seems a bit odd.

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