Obama mismanages his campaign funds

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   WASHINGTON – As Election Day approaches, President Obama is burning through campaign money faster than he can collect it — exceeding his spending pace at this stage of the 2008 contest as he expands his field operation and trades combative ads on the airwaves with Republican rival Mitt Romney.

Last month alone, Obama spent nearly $59 million through his main campaign account — $10 million more than he raised, financial reports filed late Monday afternoon show. The cost of his campaign so far: more than $325 million, not counting spending by the the Democratic Party committees aiding his re-election.

By contrast, President Bush had spent $205.4 million to retain the White House at this point in the 2004 election.

Full Article: http://www.usatoday.com/news/politics/story/2012-08-20/obama-campaign-spending-fundraising/57174798/1

What a surprise, Obama mismanages his campaign funds.

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John Beagle Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List MUSA Official Joined: Apr 23 2007 Location: Middletown Status: Offline Points: 1855	Post Options Post Reply Quote John Beagle Report Post Thanks(0) Quote Reply Topic: Obama mismanages his campaign funds Posted: Aug 21 2012 at 3:21pm
	WASHINGTON – As Election Day approaches, President Obama is burning through campaign money faster than he can collect it — exceeding his spending pace at this stage of the 2008 contest as he expands his field operation and trades combative ads on the airwaves with Republican rival Mitt Romney. Last month alone, Obama spent nearly $59 million through his main campaign account — $10 million more than he raised, financial reports filed late Monday afternoon show. The cost of his campaign so far: more than $325 million, not counting spending by the the Democratic Party committees aiding his re-election. By contrast, President Bush had spent $205.4 million to retain the White House at this point in the 2004 election. Full Article: http://www.usatoday.com/news/politics/story/2012-08-20/obama-campaign-spending-fundraising/57174798/1 What a surprise, Obama mismanages his campaign funds.
	John Beagle Middletown USA News of, for and by the people of Middletown, Ohio.