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It seems like Perry and Romney lead the field in the Republican party when it comes to dollars taken in. I did some digging and found that Perry and Romney had many more donors who gave the maximum amount allowed by law ($2500), 66% of Romney's donors and 80% of Perry's donors.
It seems a bit fishy to me that such a large number of their supporters are able to contribute such a hefty sum.
Note that when it comes to the total number of donors, Mitt Romney comes in first with 19,771 and Ron Paul comes in second with 12,297.
I look at the data and conclude that Romney and Perry have far more wealthy backers, or may even be backed by corporate interests. Thoughts?
Obama has tripled the top two republican contenders with donations...
Apparently socialist have more money then they're willing to admit.
Quote:
The campaign says more than 600,000 people donated to the Obama campaign during the summer fundraising quarter, with 98 percent of the contributions totaling less than $250. (By contrast, Republican presidential candidate Mitt Romney reported 55,000 individual donors in that quarter, with 80 percent of donors giving less than $250.) The Obama campaign and Democratic National Committee brought in $70 million in the summer fundraising period. That's not to say the Obama campaign isn't also dependent on large donors. While the campaign boasts about its small donors, on Friday it released a list of more than 350 "bundlers" who have raised more than $55 million for him this year.
Mitt Romney, who has had a fund-raising machine in place for six years,may have more doners, but Mr Perry has more cash on hand despite he didn't enter the race until mid-august and had just seven weeks to raise money before the close of the fund raising period. As a sitting governor, Mr Perry is prohibited from raising funds from certain financial services executives.
Mr Perry is drawing much of his backing from oil and gas executives, people in the construction business in his home state and doctors and dentists.
A quarter of the biggest donors to Mr Romney's campaign are hedge fund managers, investment bankers, and others on wall street. The $5 million they generated was three times more than the amount wall street donated to the Texas governor.
Mr Perry-$17 million
Mr Romney-$ 14 million
Mr Cain-$2.8 million
Gee, A fella could have a pretty good weekend in Vegas with that kind of money.
To be fair, I think Mr Romney spent more money than anyone also. That may be why his appeal over all is better than anyone in the race so far.
The ability of a presidential canidate to tap into Wall Street money is critical because the financial-services sector, despite the turmoil of recent years, remains the single largest pool of campaign cash.
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