When you aspire to be the billion-dollar candidate, turning off the security features on your credit card operation just isn’t going to do the job.  You need big money donors to show you the money.

And so it is for the most historic fundraiser ever, someone who preached the necessity of federal campaign regulation but was the first major party candidate to bow out of federal funding since it was instituted.  A complete fundraising phony.

The more things “change,” the more they remain the same.  Via The Independent:

Taking out insurance in case he is unable to generate the same grassroots enthusiasm among young voters and small political donors as he did in 2008, President Barack Obama is set to launch his re-election bid with a coast-to-coast tour of big money Democratic fundraisers.

The Obama campaign is expected to fire the starting gun of the presidential race this week – filing papers with the Federal Election Commission (FEC) as early as today – and then hit the circuit for what is expected to be the most expensive election in history….

For the past few weeks, Jim Messina, the Obama campaign manager, and Patrick Gaspard, the executive director of the Democratic party, have been criss-crossing the country meeting frustrated donors, hoping to re-energise them. Major donors are being set a target of raising $350,000 apiece.

Mr Obama is already slated to appear at party fundraising events this month in Chicago, New York, LA and San Francisco. Filing formal election papers with the FEC means that money from those events can now be split between the party and the President’s re-election campaign.

All that stuff about Obama’s fundraising being driven by small donors? It wasn’t true in 2008, and it will not be true in 2012.

It’s just another one of his fairy tales.

Are we allowed to say that?

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