The race for cash is on.. and it’s not just Republicans with a hand out. New totals from President Obama’s latest haul have him and the DNC bringing in $68 million last quarter. Exceeding estimates… but there are reports that it’s still not enough.
And that’s just from your traditional run-of-the-mill donors. The kind that can easily drop $45K on a meal.
Now there are the Super-Pacs adding to the growing war chest in this 2012 race. This political beast, the “Super-Pac,” was created out of a 2010 Supreme Court decision. Now these “independent” groups can raise and spend what they want.
Just think about where else this money can go.
Tavis Smiley and Cornel West have an idea. They’ll join our Nowists on the battle between the rich and the poor and whether the American Dream is in danger of extinction. A new report out shows that 66% of Americans see a conflict between the rich and the poor.
All that plus: First Lady Michelle Obama is on Twitter while her husband has taken to singing Lady Gaga! See you at 12!