Mitt Romney and the Republican National Committee raised a combined $76.8 million last month, outpacing President Obama and his Democratic allies.
The presumptive GOP presidential nominee and the RNC said they have $107 million cash on hand.
Earlier today, Obama’s campaign announced it raised $60 million jointly with the Democratic National Committee. They did not report how much they have in the bank.
As far as the Republican base is concerned, the more people you abuse sexually, the more money they will give you for your campaign if you’re running for the Republican nominee for president of the United States, as is Herman Cain. Herman Cain already proved that when two women came forward claiming that they were sexually abused by him back in the 90’s. After the story first broke by POLITICO, Cain went on a marathon run, explaining away these women as liars, and that no abuse took place.
Of course, that was a lie. Less than 24 hrs after denying these women’s claims, Herman suddenly remembered some details. He remembered how tall one of the ladies were – she was as tall as his wife.
“I made a gesture by putting my hand under my chin, standing near this lady, saying: ‘Oh, you’re the same height as my wife.’ My wife is 5 feet tall, she comes up to my chin and I was simply making that comparison.”
He remembered what he said to her and he remembered his company paying the victim a yea’rs salary for her to keep her mouth shut about it!
This admission would make any normal thinking person do a double take and force them to ask some very important questions. Is Cain really someone who has the moral capacity to be President? Is he someone we want our children to admire or look up to? Any normal thinking person will have second thoughts about Cain, and they should. But Republicans are not normal. Soon after Cain suggested that inappropriate actions may have happened in the 90’s with these women, his campaign made a bit of news – they hauled in the most donations since Cain announced his candidacy.
But wait..
The Associated Press reported today that another woman has come forward stating that she too was subjected to inappropriate behavior on the part of Mr. Cain. The Republican presidential candidate told CNN that the new allegations against him were “baseless.” He then points out that there are people trying to “destroy” his campaign, and offered this comforting note: “there is a force at work here that is much greater than those that would try to destroy me and destroy this campaign. That force is called the voice of the people. That’s why we are doing as well as we are.”
If his past is any indication, we expect Herman Cain to magically remember details of this third woman’s claim too, and we expect his Republican base to dig deeper in their pockets and donate even more to his campaign.
Go Herman!
In his effort to sell his book, Herman Cain did little campaigning in the third quarter of the year. But that little bit of campaigning was all his Republican Teaparty base needed. They dug into their pockets and sent their hard-earned cash to support Donald Trump Part 2. Cain is laughing all the way to the bank.
Suckers!
Cain, the brash former businessman whose candidacy was long considered a lark, had caught fire in recent weeks and has even opened a lead on GOP frontrunner Mitt Romney in some polls.
That buzz – and Cain’s much-hyped 9-9-9 tax plan – has spurred donors to open their wallets.
Cain says his campaign raised more than $3 million so far in October, topping the $2.8 million he totaled during the third fundraising quarter.
And we are not talking about the exhaust fumes Sarah Palin likes to smell either. No, Michele Bachmann’s campaign is so broke, they can’t even pay attention…
Okay, okay…, back to the facts.
The New York Post reports;
Insiders are whispering that the Tea Party darling’s financials are grim and she may be out of the race before she makes it to the Iowa caucus in February, even though she has a strong base in the state. Sources tell us say Bachmann’s skeletal staff are holding their collective breath until the deadline to disclose her fundraising report on Oct. 15.
Meanwhile, we hear a computer vendor has called her campaign headquarters threatening to shut down the power due to an outstanding bill. Sources say she had about $400,000 at the beginning of September, but also stacks of bills.
“She does not like to ask for money. She should have been focusing on big donors about three months ago,” a source said. “She’s only cultivated low dollar donors with direct mailings and that’s hurt her.” But at a rally in Virginia yesterday, Bachmann declared that she does not intend to back out of the race. “We intend to be the comeback kid in this race,” she said. Her rep said, “None of that is true.”
Seems like Wall Street has found a friend in the Republican Party. According to a research done by The Center for Responsive Politics, Wall Street has moderately increased its donations to Democrats, while drastically increasing the payout to Republicans in congress. The Boehners of the world are finally seeing the rewards of their fight against Financial Reform materialized.
The research, that focused on the 2009 and 2010 donations by Wall Street, found in 2009 when the talks about Financial Reform were just talks, Democrats received the majority of all donations from the Finance, Insurance and Real Estate Sectors.
The Center also looked into the donations of Commercial Banks and Securities and Investment companies, and found the same to be true. Democrats were happy in 2009.
Then 2010 rolled around, and so did Financial Reform legislations. And the GOP, led by the Boehner, increased their opposition to any regulations of Wall Street. In one of his more famous speeches, the Boehner told American Bankers Association to fight!
“Don’t let those little punk staffers take advantage of you and stand up for yourselves. All of us are hearing from our friends and constituents on lack of credit, you can’t get a loan, the more your government takes and taxes, the more regulations you have to comply with the more cost you have there and less amount you are going to have available to loan to customers.”
Boehner however, wasn’t the only GOP congressman working hard for his increased donations from Wall Street. Mike Pence, (R) for Indiana’s 6th Congressional District had this to say;
“This bill can be summed up in two words: ‘government control’ and it will serve as the latest piece of the president’s job-killing agenda. This represents another defeat for Hoosier families, small businesses and family farms, who continue to wonder when Washington Democrats will set aside their big government programs and work with Republicans on ideas that can actually put Americans back to work.”
And Mitch McConnell, the Republican Senate Minority Leader did not want the Senate to even talk about Wall Street Reforms. In one of his more mind boggling statement on the subject, McConnell said;
“We can solve this problem. But we wont solve the problem if we vote for cloture tonight. A vote for cloture is a vote that says we’re done listening to the American people on this issue. And a vote against ending this debate is a vote for bipartisanship.”
Huh? In other words, if we continue to filibuster this issue, we will somehow eventually became bipartisan or the Financial Reform issue will die. Either way, McConnell earned his pay-raise from Wall Street.
It’s a simple equation. Democrats voted for the American people and Financial reform and saw no real change in their donations. Republicans went to bat for Big Banks and Wall Street and received their pay in the form of huge donations from Big Banks and Wall Street.
The report shows the following:
Download the full report here.
When Democrats fight for the American people, the American people win. When Republicans fight for Big Banks and Wall Street, Republicans win.
