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‘Barack Obama’ Pitiching For Senatorial Campaign Contributions

Posted by: : Paul EbelingPosted on: August 26, 2014 'Barack Obama' Pitiching For Senatorial Campaign Contributions


‘Barack Obama’ Pitiching For Senatorial Campaign Contributions

The Democratic Senatorial Campaign Committee (DSCC) offered a 1-day deal to boost contributions in its fight to keep the US Senate, by promising, in an email pitch signed simply “Barack Obama,” to 3X-match any donations that come in Monday.

“If the GOP gains just six seats, the same Republicans who just voted to sue me will control both Houses of Congress,” the ‘Barack Obama’ signed pitch says. “Republicans will control everything in Congress from Medicare to education. I don’t need to tell you how devastating the consequences would be.”

But mobilizing voters does not come cheap, the email says, and launching field offices and “recruiting new volunteers takes time and work, and it’s not cheap.”

Democrats are facing challenges from having an increasingly unpopular president in Mr.Obama in their party to fighting a lack of voter interest and redistricting efforts that benefited the GOP. 

According to the Federal Election Commission, the DSCC has raised $103.5-M in this election cycle, compared to the $76.5-M  brought in by the National Republican Senatorial Committee. 

Democrats would need to win 17 seats to regain the GOP-controlled House and must defend 21 seats in the Senate to maintain control there.

Stay tuned…


Paul Ebeling

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.

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