Make preparations in fundraising stops in cities

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0
Shipping Terms:
FOB
Date Posted:
2012-06-14
Expires:
2012-09-14
Status:
Expired

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Entertainment Industry
Donors in the TV, music and movie industry have given Obama’s re-election campaign $2.3 million compared to $392,736 for Romney, according to the center.
That may not make up the shortfall from Wall Street. The securities and investment industry gave Romney $8.8 million and Obama $3.2 million through the end of April, according to thecenter’s study of Federal Election Commission data.
In 2008, when he was running against Arizona Senator John McCain, Obama received $15 million from employees in the securities and investment industry, more than any other candidate. In office, Obama has pushed for tighter regulation of Wall Street. Romney’s experience as co-founding the private equity firm Bain Capital LLC has given him greater support from the industry.
Industry Donations
“It might well be that Obama made the financial industry unhappy by talking about them, but at the end of the day they’re still going to be giving him a lot of money,” said Jonathan Nagler, a political science professor at New York University. “What is different this year is that Romney is better known to them than McCain was -- he’s one of them.”
Since he filed for re-election in April 2011, Obama has visited California seven times, most stops including fundraisers in Los Angeles or San Francisco. During the same period he’s visited New York 12 times, almost all including fundraising stops in New York City.
The East and West Coasts are “where the money is, that’s the Democratic landscape of America,” said Don Baer, who was the director of
While the pace of Romney’s fundraising has increased since he secured the Republican nomination, Obama’s re-election committee more than doubled the amount raised by Romney’s campaign through April, taking in $222.3 million to $100.4 million, and had $115.2 million in the bank entering May, compared with $9.2 million for the challenger.
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