Obama Taps Overseas Donor Pool

Dollar Bills SC Obama taps overseas donor pool

The all-consuming hunt for donors has led President Barack Obama’s campaign to England. And France. And China.

Obama is tapping the network of American citizens living outside the 50 states more than any other presidential campaign has before, with more than a dozen bundlers who have pledged to raise as much as $4.5 million.

The president’s overseas power centers include London, where high-powered execs like Warner Bros. Josh Berger and Anthony Gardner of Palamon Capital Partners have promised to deliver as much as $500,000 each to the campaign, and Shanghai, where businessman and Technology for Obama co-Chairman Robert Roche has committed to bringing in more than $500,000.

It’s all legal — the donors are American citizens who pay U.S. taxes — and the net income to the campaigns is paltry compared the hundreds of millions of dollars raised stateside. Presidential campaigns have long taken in campaign donations from expats and people living in U.S. territories, but Obama’s campaign is focusing on those donations more than ever.

Read more at Politico. By Anna Palmer and Darren Samuelsohn.

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Comments

  1. Seeks_the_truth says:

    Don't forget to give oblameo your birthday gifts, wedding gifts, anniversary gifts. Gifts for the new baby, graduation gifts and any other monetary gift you can think of.
    Might as well. You're going to be hit with such HUGE taxes come Jan '13 might as well lower your net income before then…

    This "person" is a JOKE!

    • Disgusted says:

      Ya, Seeks, like the “joke” of being puked on by a drunk. We as a nation have been puked on by a disease who is a communicable Disease. This thing in office has proven that he is what we with common sense and American pride and dignity first beleived him to be, the Enemy of the United States of America. The thing that tipped me off in 2007, and onwards, was the name, Barack HUSSAIN Obama. Mu SLIME, and that in itself, those creatures from a hell overseas, are our ENEMIES AND with such a name as HUSSAIN, I do not understand how anyone, after September 11, 2001, could have even given ONE THOUGHT TO ACTUALLY VOTING FOR THIS PEICE OF EXCREMENT! Oh, Oprah, who spouted her fat mouth off, and was hugly responsible for his being elected, has lost her “standing” in the White House, according to “The Amature in the White House” she, and the Kennedys have been “frozen out ” of the place! All of them threw in their support for this freak, and afterwards, old Moooshellack no longer wants them around! Talk about JUSTICE! I howled when I saw this!!!! I have not watched fat broad O, since she started to support the Enemy!!!!! I hope she and the Kennedys lose even more than a welcome at the White House! I guess they haven’t donated this time……….heh heh heh heh LOL! LMFAO!!!!!!!

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