MY HEART BREAKS, GET ME MY CHECKBOOK...NO, BETTER NOT – AT 8:49 A.M. ET: I'm a little confused here. Aren't Wall Street and the Hamptons, playgrounds of the veddy rich, the places were Republicans get their money? Inform me please. From The Politico:
A perfect storm of events - the recession, Wall Street anger at Washington, donors who feel ignored by the White House and interest group dissatisfaction – have Democrats bracing for a brutal fundraising period and fearful of losing dominance in longtime donor stronghold and mega-rich New York.
Ah, New York, my home, and home of the guilty rich, who become conspicuous liberals because they want to "give back." Hah. They want to get into the right parties.
While the exact quarterly figures won’t be known until after the July 15 filing deadline, a number of Democratic campaign insiders said the past few months were a mighty struggle to raise cash for candidates.
It's a humbling moment for Democratic money-makers in the richest city in the world, an uncomfortable and unfamiliar position for New York fundraisers after a long ride on the gravy train. Beyond a free-flowing financial market that managed to rebound after the Sept. 11, 2001 terror attacks, there were 16 flush years of having a Clinton family member in a position of power and working the Big Apple donor base hard.
Things are different now. While most Democrats blame the economy and anger from Wall Street for the fundraising predicament, President Obama, whose own donor model was low-dollar contributors and internet contributors over high-dollar types, has headlined just one major New York event so far this year, for the Democratic Congressional Campaign Committee.
And several fundraisers said they knew of very few major events in the Hamptons - the summer playground for the wealthy that was long worked by the Clintons, who used it for simultaneous socializing, vacationing and rainmaking for the national party committees.
COMMENT: They were the good old days, weren't they? All those people in Armani suits who cared so much about the environment, about peace in...what's the name of that foreign place? Darlings, you just can't get good donors anymore. Why, Binky and Winky may even go GOP, especially if they get that dear man Petraeus. Oh, did we pick the wrong group? How could we?
July 5, 2010 |