Obama Shakes Money Tree for Dems Ahead of Tough 2014 Cycle..
Posted in the Banking Forum
#1 Nov 26, 2013
Read this: Back in Washington, D.C., things aren't going very well for President Obama. But hundreds of miles away as he jets up and down the West Coast, he played to one of his greatest remaining strengths: raising money.
Obama's three-day fundraising tour to bolster Democratic Party committee coffers for the 2014 election cycle is perhaps the one sure-fire way the president can help his party at a time when the political atmosphere has turned dangerously toxic for any candidate with a "D" next to their name.
It is a critical obligation and one that Obama as a re-elected president is finally able to turn his full attention to now that he no longer needs to build a billion-dollar war chest for his own re-election.
"It's kind of better late than never," said Jim Manley, a former aide to Senate Majority Leader Harry Reid and a Democratic strategist with QGA Public Affairs. "There are a whole bunch of Democrats on the Hill who wish he had done more in years past."
"It gives the Democratic campaign committees the money they need to operate in what's going to be a tough election cycle, especially in the Senate," he added..
The point: Things are not over until the Fat Lady Sings!!! So far, the 2014 election is still hanging in the air!!!
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