President Obama swings west for campaign cash
October 7th, 2012
06:53 PM ET
10 years ago

President Obama swings west for campaign cash

Los Angeles (CNN) – President Obama is tapping his California ATM with a combination of star-studded concerts and intimate high-dollar dinners.

He's expected to raise nearly $9.5 million dollars for the Obama Victory Fund over two days.

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The West Coast swing kicked off with a star-studded concert at the Nokia Theatre in Los Angeles, featuring performances by Jennifer Hudson, Stevie Wonder, Katy Perry, Jon Bon Jovi, and Earth Wind & Fire.

The president did not attend the concert but made remarks to nearly 6,000 supporters, with tickets starting at $250.

“My understanding is it was an incredible show. These guys - and everybody here are just incredible professionals. They're such great friends, and they just perform flawlessly night after night. I can't always say the same,” he said, presumably poking fun of his own performance at last week’s debate.

Obama continued to criticize his opponent, Mitt Romney for his $5 trillion in tax cuts and plan to reduce spending.

“Obviously, the Governor knows his $5 trillion isn’t too popular, so a few weeks before this election he’s trying to pretend it doesn’t exist, because that’s a lot easier than trying to explain how he’d pay for it without asking middle-class families to pick up the tab,” the president said. “When he was asked what he'd actually do to cut spending, he said he'd go after public television. For all you Mom's and kids out there, someone is finally cracking down on Big Bird. Elmo has made a run for border. Romney plans to let Wall Street run wild, but bringing hammer down on Sesame Street.”

Obama also met privately with a dozen so-called high-dollar donors, along with former President Bill Clinton, and attended a dinner with 150 guests at $20,000 per person.

On Monday, the president heads to San Francisco, where he'll attend three fundraisers:

– A $40,000-per-person event at the Intercontinental Hotel,

– A $20,000-per-ticket dinner at the Bill Graham Civic Auditorium,

– And another concert featuring John Legend and Michael Franti that's expected to draw about 6,000 people, with tickets starting at $200.

In a separate event at a private residence on Monday in Los Angeles, President Clinton is expected to raise an additional $160,000.

Campaign officials say this big fundraising push will help them compete in key battleground states where polls still show a tight race.

Filed under: California • Fundraising • President Obama
soundoff (83 Responses)
  1. kim

    Go Obama! See folks, people paying a crazy amount of money to support OUR president! Gotta do nothing but love it!

    October 8, 2012 07:04 am at 7:04 am |
  2. Denny

    Was Snoop Dog there?

    October 8, 2012 07:11 am at 7:11 am |
  3. JOHN

    ....just another reason not to vote for this left wing nut job.

    October 8, 2012 07:14 am at 7:14 am |
  4. Roses

    I wonder how this kind of crap can go on, yet everyone claims Democrats are more poor than Republicans. Someone in the democratic party is rich. These people must be part of the gov't protection program and have pseudo identities because Dems obviously keep them under wraps until it is fund raising time.

    October 8, 2012 07:24 am at 7:24 am |
  5. Anonymous

    Wow, he can raise $9.5 million in TWO DAYS?? Just to keep his job? If he loses, that and all the other campaign money are just what – written off?

    Sounds like a lot, but how about a reality check: the current budget deficit is $1 trillion. If he could raise $9.5 million every 2 days continuously, it would take 576.8 YEARS to raise $1 trillion.

    Or, look at it another way – over 4 years, he will have raised $6.9 billion. Sounds like a lot, too, but that comes out to less than 1% of $1 trillion.

    October 8, 2012 07:47 am at 7:47 am |
  6. obama is Out Of Touch with reality

    more lies from a useless non-working trash making wannabe, its what you wastes of obamanites wanted, but you wont get it, some of us may just stop paying taxes.

    October 8, 2012 07:49 am at 7:49 am |
  7. Mike

    Great – nothing like latching onto entertainment industry clowns who have never worked a day in their life in order to campaign. Of course, these lefties are the kings and queens of "Dont touch my millions but go ahead and tax the crap out of the little people" attitude. Typical Hollywood/Music Industry......BARF.

    October 8, 2012 07:50 am at 7:50 am |
  8. John

    Of course he has liberal Hollywood at his beckon. These are all people that make ridiculous amounts of money but did not have to "earn" it the same way someone building a business from the ground up has to so of course they don't get how the real world works.

    Think of them as rich delusional hippies.

    October 8, 2012 07:55 am at 7:55 am |
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