WASHINGTON - Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party's harsh rhetoric about big business.
The trend is a marked reversal from recent history, in which Democrats have erased the GOP's long-standing fundraising advantage. In the first six months of 2009, Democratic campaign committees' receipts have dropped compared with the same period two years earlier.
The vast majority of those declines were accounted for by the absence of large donors who, strategists say, have shut their checkbooks in part because Democrats have heightened their attacks on the conduct of major financial firms and set their sights on rewriting the laws that regulate their behavior
As the battle over President Obama's effort to overhaul the health-care system reached a fever pitch this summer, the three national Republican committees combined to bring in $1.7 million more than their Democratic counterparts in August. The pair of Democratic committees tasked with raising money for House and Senate candidates -- and doing so at a time when the party holds its strongest position on Capitol Hill in a generation -- have watched their receipts plummet by a combined 20 percent with little more than a year to go before the November 2010 midterm elections.
Large-scale defeats in the midterms could be a crippling blow to the ambitious agenda mapped out by Obama's top advisers, particularly if they happen in the Senate, where Democrats caucus with a 60-seat filibuster-proof majority. The party will have to work furiously to defend at least six Senate seats and as many as 40 in the House, including many snatched from Republicans.
"If they take them back, this is the end of the road for what Barack and I are trying to do," Vice President Biden said Monday at a fundraiser for Rep. Gabrielle Giffords (D-Ariz.), whose district was held by a Republican for more than two decades before her 2006 victory.
Of course the article got all the reasons wrong. Dems aren't sending money because:
1. Obama is not a Democrat. 2. Obama lied about being a Democrat. He is a corporate puppet, just like Bush. 3. The DNC lied and then lied some more to get him installed in office, which shocked Dems and made many flee the party. 4. There are horrible people in charge of the Democratic Party now, including Nancy Pelosi and Donna Brazille.
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Barack/Barry: If you're NOT LEGIT, then you MUST QUIT!!
um.. when you are trying to destroy the world's best healthcare system.. going ard apologing for America, dissing Americans, taking date-night trips to NY, trying to take over healthcare and god only knows how many other industries... WON'T SHOW QUALIFYING DOCUMENTS LIKE BIRTH CERTIFICATES!!
THEY ARE "JARRED"???
WTF? heck.. I will even send some money to the RNC.....
Of course the article got all the reasons wrong. Dems aren't sending money because:
1. Obama is not a Democrat. 2. Obama lied about being a Democrat. He is a corporate puppet, just like Bush. 3. The DNC lied and then lied some more to get him installed in office, which shocked Dems and made many flee the party. 4. There are horrible people in charge of the Democratic Party now, including Nancy Pelosi and Donna Brazille.
EXACTLY. They would never say that though because it's the truth and it would make the dem party look bad and make Hillary and her supporters look good.
Applications for retirement benefits are 23 percent higher than last year, while disability claims have risen by about 20 percent. Social Security officials had expected applications to increase from the growing number of baby boomers reaching retirement, but they didn't expect the increase to be so large.
What happened? The recession hit and many older workers suddenly found themselves laid off with no place to turn but Social Security.
"A lot of people who in better times would have continued working are opting to retire," said Alan J. Auerbach, an economics and law professor at the University of California, Berkeley. "If they were younger, we would call them unemployed."...
For the life of me I can't understand why Democrats can't comprehend that this is not the time to focus on health care, climate change and the other issues that are taking up their time. Maybe in a year when the economy is hopefully better they can do all that. Right now people want the economy to get back on track and they want there to be job creation. Why is it so difficult for them to get this? I guess when you are a millionaire (like Kerry and Pelosi) you have different priorities. I might add that I resent having these two millionaires put together the climate change bill. Nothing in that bill will really affect them and they probably think that anyone who disagrees with any part of the bill is an ignorant whiner. Hey, I know we need to make changes to help the environment, but when your house is burning (bad economy) you focus on putting the fire out and not having tea with your friends. O.K., that's my rant for the week. I had been holding that in for a while.