President heads to Big Apple for big bucks
April 27th, 2011
02:00 PM ET

President heads to Big Apple for big bucks

By CNN's Paul Steinhauser, Lesa Jansen and Robert Yoon 
WASHINGTON (CNN) - If you are looking for a good place to raise campaign contributions, New York City is pretty much the smartest and most lucrative choice. And that's where President Barack Obama's headed, as he headlines three fundraisers Wednesday night in New York City.

The first gathering is a dinner at the home of Jon Corzine, the former governor and senator from New Jersey. The second event is a dinner at the Waldorf Astoria hotel. A Democratic source with knowledge of the events says there will be approximately 400 people at the first two events. After the two dinners, the president heads to the Town Hall, a theater hall in midtown Manhattan. Approximately 1,300 guests are expected to attend the third event, with The Roots, a hip hop/neo soul band, performing.

"The events are designed to include the broad range of the president's supporters with tickets starting at $44 and ranging to the legal maximum limit of $35,800," the source tells CNN.

All money raised is expected to go to the Obama Victory Fund, which is split between the president's re-election campaign and the Democratic National Committee.

New York County (better known as the borough of Manhattan) was the source of $200.9 million in federal contributions during the 2008 campaign cycle, the highest total for any county in the United States, according to Federal Election Commission data compiled by the Center for Responsive Politics. Seventy-seven percent of the contributions went to Democratic candidates, party committees, and Democratic-leaning organizations, with 22 percent going to Republican candidates, party committees and GOP-leaning groups.

The New York City events bring to an end the president's first round of headlining fundraisers. Obama announced on April 4 that he was setting up his re-election campaign. Two weeks ago he personally kicked off his fundraising drive by headlining three events in his hometown of Chicago. Last week he was the main attraction at fundraisers in San Francisco and Los Angeles.

Obama shattered all records by raising nearly $750 million in his bid for the White House in 2008.


Topics: 2012 Election • fundraiser • President Obama • The News

soundoff (15 Responses)
  1. john

    Just another day at work...

    April 28, 2011 at 11:42 am |
    • k

      another racist heard from.

      April 28, 2011 at 11:45 am |
  2. Howard

    Obama is busy collecting campaign contributions from all those evil rich people ... like Jeffrey Immelt (G.E.), and Oprah Winfrey, so he can build his BILLION dollar reelection warchest. But, if Obama is such a great president, why does he
    have to spend a BILLION dollars to get reelected ???

    April 28, 2011 at 12:23 pm |
    • fvw50

      Howard – why does he need to collect any money at all? Why can he not just run on his record?
      I do find it interesting that he rails on Wall Street ('those evil rich people') and then goes to New York for contributions from those he's railed against...

      April 29, 2011 at 12:37 pm |
  3. Liz Carter in Georgia

    Are you just sick to death, disappointed, angry, frustrated and jealous that after all you've done to denigrate, denounce, dismiss and destroy his very existance as a man first, not to speak of the PRESIDENT of the UNITED STATES, he's still able to collect financial support and OMG! He still has friends?? Give it up Howard; it won't work! People aren't completely crazy yet! Ooops, my bad! I forgot about the 'DONALD'/GOP/TEABAGGERS/BIRTHERS/FOXNEWS/AFEWBLOGGERS on this site! Forgive me please! LOL!

    April 28, 2011 at 7:09 pm |
    • Howard

      Hey Liz Carter of Georgia ... you are obviously one of the brainwashed Obama worshipers, who will blindly support and defend Obama, no matter what he says, or does ... even though he has never accomplished anything, built anything, managed anything, or had a real job. The one time he could have been productive, was when he spent a year and a half in the Senate, but all he did was vote present 125 times. As President, in two short years, he has already squandered more money than all the Presidents that came before him COMBINED ... and, he is continuing to plunge America into enormous debt, while pushing to spend trillions more.
      Here are just a few examples of how Obama is ruining our economy:

      2009 GAS $1.83 per gallon TODAY $4.00 + per gallon
      2009 SOYBEANS $9.66 TODAY $13.75
      2009 SUGAR $$13.37 TODAY $35.39
      2009 UNEMPLOYMENT RATE BLACKS 12.6% TODAY 15.8%
      2009 NUMBER OF LONG TERM UNEMPLOYED 2,600,000 TODAY 6,400,000
      2009 PEOPLE IN POVERTY IN U.S. 39,800,000 TODAY 43,600,000
      2009 NATIONAL DEBT IN TRILLIONS $10,627 TODAY $14,052

      Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster!

      Now that Obama got away with avoiding transparency, or accountability, by simply insulting, shaming, and ridiculing anybody who has the audacity to question him, he can get away with anything ... and, everybody had better rubber stamp whatever he does, or says, with a smile of approval on their face ... or, Obama ... and his blogging / media 'Brown Shirts" ... will turn them into pariahs. This pompus, arrogant President thinks of himself as above reproach. He and his worshipers simply have to act indignant, or scream Racist, in order to neutralize any and all opposition.

      April 28, 2011 at 8:59 pm |
      • John

        As Woopie told us – "I know people will accuse me of playing the race card, but I am playing it anyway". SO much for improving anything BO, including race relations. The 47% of white people who voted for you (including me) are very upset with what you have turned this country into.

        April 29, 2011 at 6:58 am |
    • John

      It is amazing how BO supporters keep bringing up non-issues to avoid the terrible job this guy is doing.
      BTW, the issue of his birth was started by – the dems...

      April 29, 2011 at 6:53 am |
    • John

      BTW, don't worry Liz, you dems told us the Tea Party people would just fade away – then the 2010 elections happened.

      April 29, 2011 at 6:54 am |
  4. Jay in NC

    I Barry is doing such a fantastic job why does he need a billion dollars to get re-elected? Why not just run on his recored alone?

    April 28, 2011 at 7:40 pm |
  5. Liz Carter in Georgia

    @John; you must've overlooked the list of accomplishments he's made! NeilsInSeattle's list is longer and more believable than yours! Read it! You know full well Pres Obama has not done anything about resolving any issues, all by himself. You also know that this man has made every effort to work together with Democrats and Republicans in Washington, begging for feasable suggestions to be brought to the table [if they had any] to be discussed, analyzed or looked at! NO! They're too busy working against him!

    April 29, 2011 at 11:08 am |
    • fvw50

      Yes Liz, Obama really did his level best to work with the Republicans. What was that phrase he said directly after he was elected, 'We won, get over it.' That's a great team builder and leader for you. What was the other one? 'You can get on our bus, just get in the back seat.' Hmmm, if that doesn't scream team work, I don't know what else does. Actually, if a white president said that, they would rightly be taken to the wood shed by the press for a rather racist remark; but Obama pretty much got a free pass.

      As for the patently inaccurate statement about Obama working with Republicans, please tell me how he worked with them? It's easy for him to verbally say that he'll take any suggestion and then accuse the opposite party of not providing input; but the reality was that the Senate and House majority belonged to the Democrats and they shut Republicans out of all Health Care policy decisions. Can I directly fault Obama for this? No. That blame goes to Reid (in the Senate) and Pelosi (in the House). But it's disingenuous, at best, to say Obama worked with Republicans, when Democrats effectively shut them out of discussions.

      April 29, 2011 at 12:53 pm |
  6. Liz Carter in Georgia

    Maybe if you get that 47% of white voters who voted for him to call their politicians and get on their cases about making it their missions to undermine him, rather than to sit down and worked with him on your issues , concerning the state of the nation, maybe he could get 47% of the remnant sabatogers in Washington to work together and agree on what's best for the nations rehabilitation!

    April 29, 2011 at 11:21 am |
  7. Liz Carter in Georgia

    BTW, if it matters to you at all, I started long ago thanking, oftentimes, my white sisters and brothers for 'taking the leap'. I'm intelligent enough to know that we didn't nor could we have ever put him into the Presidency by ourselves. There are just not enough of us in the US that we could have done that! I know all white people are not bigots or racists; nor are all black people. I speak to the one's who I discern racists. I read between the lines of the comment most times, many of the 53% are white.

    April 29, 2011 at 11:34 am |
  8. Liz Carter in Georgia

    John; I never thought they'd go away! I never said it; but I'd be willing to bet, if YOU ever got to go to Washington and asked 10 Republicans, off the record, to say the Teaparty 2010 electees were an asset to the GOP or a liability to their long-standing political agendas, 8 out of the 10 would tell you they're sorry they got tied up with them! I'd venture to say the Teaparty's political agenda could resemble more, the DEMS views! Oh, but if OBAMA had just been white! They'd have pulled up on the DEMS!

    April 29, 2011 at 8:35 pm |