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It’s All About The Money

May 11, 2012 by  

Obama having trouble raising big bucks. The headline in The New York Times read “Obama Sees Steep Dropoff in Cash from Major Donors.” It looks like the big givers aren’t opening their wallets as they did in 2008. This time, most donors are giving less than $200 each. While the total lags behind the record amounts he collected in 2008, Barack Obama’s war chest is predicted to hit $1 billion this year — far more than Mitt Romney will have on hand. The President has already appeared at more than 100 fundraisers in the past year.

George Soros writes some big checks. One major Barack Obama supporter who isn’t cutting back is George Soros. The ultra-liberal billionaire proudly announced that he will give $1 million to the super-PAC American Bridge 21st Century and another $1 million to the advocacy group American Votes. Both organizations favor causes on the left side of the political spectrum.

Canada stops making cents. The Royal Canadian Mint has produced its last penny. Ceremonies at the Mint’s manufacturing facility in Manitoba marked the end of a 150-year tradition. The coin cost the Canadian government 1.6 Canadian cents to mint; its elimination will save the country about $11.15 million a year. But don’t bother collecting them; with an estimated 20 billion pennies still in circulation, their value isn’t expected to rise anytime soon.

Money isn’t that important to this champion. Masters champion Bubba Watson shocked many golf fans when he withdrew from this year’s Players Championship, saying he wants to spend more time with his wife and newly adopted 2-month-old son. “The Players is one of the best weeks of the year but bonding with my son and wife is what it is all about right now,” Watson tweeted. The golfer was favored to win a big chunk of this year’s prize money: $1.7 million for the winner and a total purse of $9.5 million.

–Chip Wood


Chip Wood

is the geopolitical editor of He is the founder of Soundview Publications, in Atlanta, where he was also the host of an award-winning radio talk show for many years. He was the publisher of several bestselling books, including Crisis Investing by Doug Casey, None Dare Call It Conspiracy by Gary Allen and Larry Abraham and The War on Gold by Anthony Sutton. Chip is well known on the investment conference circuit where he has served as Master of Ceremonies for FreedomFest, The New Orleans Investment Conference, Sovereign Society, and The Atlanta Investment Conference.

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  • Vigilant

    Obama’s not the only one having trouble with contributions. Dr. Paul’s coffers are suffering as well. In fact, Obama’s getting twice the donations of Paul these days.

  • Vigilant

    Re Obama’s money situation, there’s much to be said for the most recent theory that the gay/lesbian marriage issue was a totally orchestrated deal by the WH. Too much of a coincidence that the $15 million Hollywood fund raiser at George Clooney’s house was scheduled to occur just a couple of days after Obama’s announcement.

    Moreover, the voluminous coverage by the MSM of Romney’s supposedly anti-gay prank in high school some 47 years ago came out, fully researched and edited just shortly after Obama’s announcement. It would appear that Joey Biden’s comment was nothing more than softening the turf before the political “plowing,” that it was planned as part of a strategy in formulation for some time.

    • John The Baptist

      I can’t see why any sane person would back obama. Do you ?

  • Bob

    AND that IDIOT ,,,GEORGE CLOONEY,good actor,piss poor american,had a party for oreo that cost big money to attend,and 150 people showed up,more idiots,quit listening to actors,they all have their heads up their rectums,………….

    • Daveh234

      All actors would’ve included John Wayne and Charlton Heston, Reagan? Even though they are gone are you sure you want to say ALL. That is pretty ALL encompassing.

  • Big Daddy

    Guess he’ll be doing a lot of fund-raising over the next several months and less guiding of the ship of state.

    • Vigilant

      “Less guiding of the ship of state” is just what the doctor ordered. He’s been guiding us toward the iceberg.since he assumed office. We should be happy every time he vacations or goes on fund raisers.

  • woodswytch1950

    Wonder when he’s gonna pay what he owes State of Vermont businesses & police forces for his fund raiser here? Michelle still owes state for her trip here earlier this year!!

    • eddie47d

      He doesn’t have the buckets of money like Romney to finance his own campaign. Obama has to rely on generous Americans.

  • louie1

    WHAT! What! “The President has already appeared at more than 100 fundraisers in the past year.” This can’t be true. Mr. Honesty only opened his campaign for re-election this past week! You mean, he’s been ‘quasi-campaigning’ for a couple of years on the taxpayer dime and claiming it was WH business he was taking care of? All those backyard BBQ’s, and gatherings in supporters homes weren’t campaigning? I’m so shocked! This fraud is a professional campaigner and con man. He really should have stuck with being a community organizer as that’s where his pay grade actually is. I’d laugh if Romney started getting far more donations following Obama’s latest announcement. That may have gone over big with the Hollywood types but normal Americans (not perverted) don’t buy it or like it.

  • http://none Ridge Runner

    Let me borrow a phrase from russia’s stalling,he said it didn’t matter who voted for who it just mattered who counted the votes and it looks like obama is doing his damnest to win by having the votes tabulated in spain if it can’t be stoped. If we can get these lazy ass loafers and just no good intitlement minded a.h.s to understand that when the country is bankrupt and it will be if obama isn’t stoped these people want be getting any more hand outs,(no more checks)Maybe the election want be in obama’s favor so get to work educating these people.

  • OneDamnAngryAmerican

    When clintoon lost to Bush, he directed his staff to remove all the “W” keys from typewriter and computer keyboards. I personally believe that a conspiracy brought barry into office and that his job was to flush America down the toilet. (I will not elaborate, no time here, the books have already been written about it by others). So, I wonder what he and his staff will do during the time he loses his election and the time when the moving van shows up at the WH’s front door? I would sure hope that the next resident, there, does a complete and total background investigation of our clown. For those who do not know, with what barry has done, if found not eligible to hold the office of POTUS, he will have (as well as his wife and everybody else who had put in-put to his decisions), will have commited a federal crime, called TREASON! (Remember his 60 Minute interview, where he said that he “HATED” America, his wife’s comment about how she has never had any pride for her country, and while putting flowers on a dead-soldier’s grave mouthed, ALL OF THIS OVER A FLAG?) Not only is this a capital-offense, but anything that he put his signaature on will not be valid and will have to be overturned by direction of the Supreme Court. If so, the HOR will actually have to work 40+ hours per week, instead of their normal 16+-, as directed by harry “F-America” Reid, currently. You think BO screwed the USA up? Just think what our next crop of DC morons will have to do to fix this screw-up and put things back into their right place, as they should be. It will probably mean that they will be “required” to actually read everything they vote or voted on, and will have to for all future “bills and legislation.” And, for those of you who know nothing about your own country, I would suggest you read your State Constitution (the one that says that the only reason why you joined the Union was for protection from invasion by another country; and, that “foreigners” have no “rights” under your state’s constitution; and that you also read the US Constitution, where it says that you cannot boycot another state or its city’s, etc. (to include the penalty for doing so); as well as the ten amendments to it (because they did not have word-processors, back then), called the Bill of Rights; and, just for more enlightenment, the Declaration of Independance. Remember, also, that the USA is “not” just one big country where we all do things the same. We are 50 different little kingdoms who have done nothing more than join the Union for “protection.” Protection that is not being given to us, even though we are being taxed for it. Your state’s constitution also says what the penalty is, should the feds reneg. It is called succession; and, the procedure of how to do so is also written into your state’s constitution. Read it and weep. It will show you how smart our forefathers were, and whay a bunch of ignorant morons the demokratick/socialist party has turned you all out to be.


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