Now, thanks to campaign finance filings, it’s possible to put a price tag on just how much: Mitt Romney's presidential campaign and the super PAC supporting it are outraising Obama among financial-sector donors $37.1 million to $4.8 million.
Near the front of the pack are 19 Obama donors from 2008 who are giving big to Romney.
The 19 have already given $4.8 million to Romney’s presidential campaign and the super PAC supporting it through the end of April, according to a POLITICO analysis of Federal Election Commission filings. Four years ago, they gave Obama $213,700.
None of them has given a penny to the president’s reelection campaign or the super PAC supporting it.
Ken Griffin, founder of the Chicago-based hedge fund Citadel, has accused Obama of engaging in “class warfare” and gave $2,500 to Romney’s campaign, plus nearly $1.1 million to the pro-Romney super PAC Restore Our Future. But in 2008, Griffin donated the maximum $4,600 to Obama’s campaign and helped raise another $50,000 to $100,000.
“It is critical that the next president appreciates that America’s prosperity is driven by the innovation and hard work of the American worker, whose valiant efforts have, in recent years, been undermined by the oppressive weight of government intervention,” Griffin told POLITICO in a statement.
Romney is helped by Obama’s support for Dodd-Frank, emphasis on higher taxes for the wealthy and aggressive anti-Wall Street rhetoric. But timing plays a role, too: The rise of super PACs and unlimited outside money means donors spurned by the president can take out their revenge tenfold.
Anthony Scaramucci, a Manhattan hedge fund manager who made the Obama-to-Romney switch, said finance donors are migrating from Obama to Romney because “they feel that our country is in trouble — that our economy is in trouble.”
“There is so much dissatisfaction with the current president and his failed policies that we have found more and more people who are willing and wanting to get involved and who are eager to line up behind Gov. Romney,” Scaramucci said.
http://www.politico.com/news/stories/0612/77368.html
Near the front of the pack are 19 Obama donors from 2008 who are giving big to Romney.
The 19 have already given $4.8 million to Romney’s presidential campaign and the super PAC supporting it through the end of April, according to a POLITICO analysis of Federal Election Commission filings. Four years ago, they gave Obama $213,700.
None of them has given a penny to the president’s reelection campaign or the super PAC supporting it.
Ken Griffin, founder of the Chicago-based hedge fund Citadel, has accused Obama of engaging in “class warfare” and gave $2,500 to Romney’s campaign, plus nearly $1.1 million to the pro-Romney super PAC Restore Our Future. But in 2008, Griffin donated the maximum $4,600 to Obama’s campaign and helped raise another $50,000 to $100,000.
“It is critical that the next president appreciates that America’s prosperity is driven by the innovation and hard work of the American worker, whose valiant efforts have, in recent years, been undermined by the oppressive weight of government intervention,” Griffin told POLITICO in a statement.
Romney is helped by Obama’s support for Dodd-Frank, emphasis on higher taxes for the wealthy and aggressive anti-Wall Street rhetoric. But timing plays a role, too: The rise of super PACs and unlimited outside money means donors spurned by the president can take out their revenge tenfold.
Anthony Scaramucci, a Manhattan hedge fund manager who made the Obama-to-Romney switch, said finance donors are migrating from Obama to Romney because “they feel that our country is in trouble — that our economy is in trouble.”
“There is so much dissatisfaction with the current president and his failed policies that we have found more and more people who are willing and wanting to get involved and who are eager to line up behind Gov. Romney,” Scaramucci said.
http://www.politico.com/news/stories/0612/77368.html