Herman Cain says campaign brought in $2.8 million
October 14th, 2011
11:04 PM ET
11 years ago

Herman Cain says campaign brought in $2.8 million

(CNN) - GOP presidential hopeful Herman Cain told a crowd in Tennessee Friday night his campaign brought in $2.8 million between July and September, his campaign confirmed to CNN.

Cain also said the campaign has $1 million of cash on hand for the third fund-raising quarter.

"You see I run this very tight, like a start-up business because that's my nature as a businessman," Cain told CNN's "Erin Burnett OutFront" on Thursday. Cain said there would be no debt reported for the period.

In a release, Cain's finance chief heralded the numbers.

“We have had a very successful quarter," Mark Block, COO for Friends of Herman Cain, Inc., said. "Mr. Cain’s message is spreading and attracting supporters all across the country."

The campaign numbers for Cain, who has risen in the polls in the last few weeks, are being closely watched as a gauge of whether the upstart candidate can sustain his recent momentum and mount a serious fight for the nomination.

While Cain’s spokesman, J.D. Gordon, Friday night told CNN Cain had not loaned his campaign any of his own money, that was not correct. The filing with the Federal Election Commission showed the candidate had given a loan of $175,000 to the campaign. On Sunday Gordon told CNN said it was “a misunderstanding.”

In the second quarter, from April through June, Cain raised about $2 million from donors and separately loaned his campaign $500,000.

Cain’s campaign also said it has raised $2 million this month due to his rise in popularity.

Filed under: 2012 • Fundraising • Herman Cain
soundoff (29 Responses)
  1. Jeff Brown in Jersey

    Poor Herman, he actually thinks the GOP likes him!

    October 14, 2011 11:10 pm at 11:10 pm |
  2. fed up

    Ain't enough against Mitt. Needs to conitinue his book tour and charge extra for signed copies.

    October 14, 2011 11:11 pm at 11:11 pm |
  3. T'sah from Virginia

    ►"You see I run this very tight, like a start-up business because that's my nature as a businessman," ◄

    Really? Palin also ran a "tight ship" while she ran around the country "pretending" she was running for president – as she traveled around on PAC money promoting her book(s). Hmm, sounds familiar???

    The ONLY difference between Palin and Cain is the fact that "at least" Cain is actual playing the role of running for president. But oh how fortunate for him that he's also "promoting" a book!! Smart? Maybe? Foolproof? NO!!!! The American people see right through it.

    Now that Cain took Palin and Bachmann's place – BRING IT ON!!! I would love to see him get the nomination and then go up against President Obama!!!

    Obama/Biden 2012

    October 14, 2011 11:30 pm at 11:30 pm |
  4. Julie

    I read from James in Dallas Obama is so far above who????? Are you kidding me? You must be the real "plant" my friend and you are one of the reasons Obama got to be where he is – you voted wrong. You must still have your head in the sand. There is NO way Obama going to get another term. I liked him and Michelle on Oprah and that is as far as he should have gone. He seemed much different then. A really nice guy. I can only wonder who is behind Making him do what he does to change the America I love so dearly. His hair is turning gray. I hope for his sake he runs from the whitehouse and have a great and happy life. I think he bit off more than he could chew and the US is a mess.

    October 14, 2011 11:30 pm at 11:30 pm |
  5. mw

    Cain's bid is interesting to watch. He routinely bashes Obama, yet fails to realize or admit that, if not for the Obama presidency, he would merely be a token candidate for nomination, without a prayer of a chance. Also he suffers from the same malady many successful people are afflicted with (including Herbert Hoover): he assumes everybody can do it just because he did.

    October 15, 2011 12:13 am at 12:13 am |
  6. Ramrod

    Was that domestic or foreign corporation money?

    October 15, 2011 12:13 am at 12:13 am |
  7. Extralyte

    And Congressman Paul raised $5 million...and I contributed to it.

    October 15, 2011 12:34 am at 12:34 am |
  8. BB

    keep on pushing on!!

    October 15, 2011 12:54 am at 12:54 am |
  9. Will

    Another Title that could be used for this story, "Cain, flavor of the month.

    October 15, 2011 12:54 am at 12:54 am |
  10. Mr. Independent

    Herman Cain is simply not qualified to be leader of the free world. Owning a successful Pizza company does not translate to President of the United Sates of America. Polling a thousand people out of 250 million and presenting it as a legitimate picture of the entire country's views is frankly ridiculous. Step aside Mr. Cain and let Romney take his rightful place as the nominee. Romney is a moderate conservative which is exactly what a presidential candidate should be. The far right or the far left has no place in the White House.

    October 15, 2011 12:57 am at 12:57 am |
  11. Dave R

    With his refusal to identify his alleged advisers and his regressive 999 Plan under close scrutiny, I predict that Cain has peaked. He will follow Perry in a quick crash and burn.

    October 15, 2011 03:00 am at 3:00 am |
  12. ptown

    uncle ruckus has no chance...

    October 15, 2011 04:26 am at 4:26 am |
  13. no1atall

    I wonder if he received and money from Michael Steele.

    October 15, 2011 06:26 am at 6:26 am |
  14. no1atall

    'Any' money from Steele.

    October 15, 2011 06:27 am at 6:27 am |
  15. works4me

    You're gonna need to sell more pizzas there Cain... a lot more!

    October 15, 2011 06:44 am at 6:44 am |
  16. truthspeaks

    So what? Ron Paul made 8 million from real people and folks from the military.

    October 15, 2011 06:52 am at 6:52 am |
  17. Wire Palladin, S. F.

    Herb is a true salesman. He can make chicken crap sound like chicken salad. While the big money conservatives are giving Perry $17 million, Mittsy $14 million, Paul $8 million, Cain rakes in $2.8 million. Cain is just as out of touch as Perry, what is the reason?

    October 15, 2011 07:39 am at 7:39 am |
  18. Wire Palladin, S. F.

    That was supposed to be , what is the reason for the lack of financial support.

    October 15, 2011 07:46 am at 7:46 am |
  19. Reggie from LA

    You know, as soon as I read the title caption, I was able to anticipate what Cain would say. He has put himself above waste and has highlighted his business acumen. Maybe he should just compete against WalMart since his model is so good. It would be more lucrative for him. If he plans to run THIS nation like a "tight ship", it shows his dictatorial aspirations. Cain is a "my way or the highway personality". He's very ego maniacal and stubborn. 9-9-9 doth not a president make. 9-9-9 doth not make good sense either.

    October 15, 2011 07:53 am at 7:53 am |
  20. EdSantaFe

    Yawn. I'm tired of hearing about pizza boy and his ludicrous desire to be president. GO HOME.

    October 15, 2011 07:59 am at 7:59 am |
  21. Bill in Florida

    At this rate, in less than three years, Herman will have raised as much as President Obama raised in the past three months!

    October 15, 2011 08:24 am at 8:24 am |
  22. John

    I notced a lot of people bashing Herman Cain in other posts. Here's someone who is a self-made black man in America...he didn't come from wealthy parents. He worked his way through school and has degrees in mathematics and computer science. People calling him an idiot?? He was a mathematican for the Dept. of the Navy. This man succeeds in everything he attempts. And 9-9-9 will work...it is the only truly "fair" tax and will boost spending, which will create a LOT of jobs. If you people would take a step back from your demagoguery you'd realize the Herman Cain is the best candidate for President, and we all need to support him.

    October 15, 2011 08:32 am at 8:32 am |
  23. Clwyd

    Cain's 666 taxing proposal comes straight from you know where? Down under! It would mean even lower taxes for the rich and new taxes for those who can't pay and live hand to mouth as it is! Typical of the republican conservative way of thinking. Rob and cut from the poor and middle class to give more to the rich! More typical of the German National Socialist workers Party! NAZIS! The American Spring is coming!

    October 15, 2011 08:48 am at 8:48 am |
  24. Rich

    He is very sad and a disgrace to his race...making a fool of himself...

    October 15, 2011 09:06 am at 9:06 am |
  25. Edward King

    Let’s see according to the IRS Stats those living in poverty now pay on average 3.5 % effective rate in Federal Income Tax. Under the 999 plan these same family in poverty would pay 18% of their income in FIT. These people are not making it now and we are going to reduce their disposable income by almost 20%. Can you imagine the increase on new applications for food stamps and government assistance? The number of family living in poverty will explode. And at the same time, those making over $10 million would now only pay 9% , down from a 21% average Effective rate.

    Summary : Poor people tax goes from 3.5% to 18 % while the super Rich tax goes from 21% down to 9 % .

    I can not think of any quick way to reduce our country to a third world country than the 999 plan……. And the GOP/Tea Party loves it!

    October 15, 2011 10:07 am at 10:07 am |
1 2