New York City is Obama’s cash cow

President Barack Obama

On Wednesday, President Barack Obama will be in town, for what will be his 39th cash-grabbing visit to New York City in the past three years.

For the Obama campaign, it looks like they’ve found the well that’s yet to run dry: The deep Democratic pockets of The Big Apple.

According to the Center for Responsive Politics (CRP), a non-partisan research group that tracks spending and fundraising for federal elections, New York City has generated about $15.3 million for Obama’s re-election, making it the top-earning city for his campaign.

The entire state of New York has donated $23 million to Obama.

Not including Wednesday’s basketball fundraiser, he’s attended 38 Manhattan events to raise funds either directly for his campaign or for the Democratic National Committee.

“New York City is a donor-rich environment that’s home to many affluent individuals so it continually proves to be very fertile ground for candidates, regardless of party,” said Costas Panagopoulos, a political science professor at Fordham, adding that New York is a fundraising epicenter for both parties.

Even so, Obama’s far out-fundraised Mitt Romney in The Big Apple. New Yorkers have given $9.5 million so far to date to Romney.

In July, Sarah Jessica Parker hosts an extravagant $40,000-per-plate
event for Obama at her West Village brownstone with attendees including
Meryl Streep, Olivia Wilde and Anna Wintour. The lavish evening wraps up
with a second event at the Plaza Hotel, where Mariah Carey and Alicia
Keys perform for the president and 250 high-end donors.  

While the president takes heat from the GOP for rubbing elbows with celebrities, these relationships have their payoffs. Movie mogul Harvey Weinstein and Vogue editor Anna Wintour are among his most active New York supporters who have helped draw at least $8.7 million nationally from the entertainment industry, according to the CRP.

In August of last year, Obama attended an intimate reception with 15 top
donors at the Ritz Carlton. After that, he headed to the home of movie
producer Harvey Weinstein to speak to 50 high-profile Democrats,
including Gwyneth Paltrow and Jimmy Fallon. Tickets for each event sold
for $35,800 per head, bringing in a combined total of $2.3 million for
the day.

“In the last few election cycles, Democrats have had greater appeal with the entertainment industry. It could help him,” said Panagopoulos, but was quick to add that the same could be said for Romney and the financial services industry.

In the meantime, New York remains unrivaled as Obama’s most generous city.

His favorite stomping ground

Since 2009, Obama has attended more fundraising events in NYC than other city in the nation, other than D.C.:
Chicago – 18
NY – 38
LA – 20
DC – 52
 
Source: POTUS (a database managed by the Washington Post to track and analyze the president’s schedule/daily visits)



News
Entertainment
Sports
Lifestyle
National

Humans should thank ancient Scottish fish fossils for…

By Kate KellandLONDON (Reuters) - Scientists studying fossils have discovered that the intimate act of sexual intercourse used by humans was pioneered by ancient armored…

National

Comet makes rare close pass by Mars as…

By Irene KlotzNEW YORK (Reuters) - A comet from the outer reaches of the solar system on Sunday made a rare, close pass by Mars…

Local

NYPD: Man found hanging in Brooklyn subway station

A man was found hanging inside a Brooklyn subway station on Saturday morning, police said. The man, who still had not been identified on Sunday,…

Local

Only church destroyed in 9/11 set to rebuild

St. Nicholas Greek Orthodox Church, the only house of worship destroyed during the terrorist attacks on 9/11, held a groundbreaking ceremony Saturday to start the…

Going Out

Watch home cooks try to impress Tom Colicchio…

Is what you’re making for dinner tonight good enough to serve “Top Chef” judge Tom Colicchio? That’s the standard that some of the city’s best…

Television

‘Homeland’ recap: Season 4, Episode 4 ‘Iron in…

Carrie Mathison, what are you doing?! Don’t seduce virgins! More on that later: Lots of crazy stuff went down on the "Iron in the Fire" ep of "Homeland"!

Movies

Box office: Brad Pitt kills Nazis, also Nicholas…

This weekend, Brad Pitt's second WWII movie, "Fury," rolled into the lead, while the latest Nicholas Sparks movie, "The Best of Me," got little love.

Gossip

Blake Lively's pregnancy cravings are too weird to…

Find out what Blake Lively is rumored to send husband Ryan Reynolds to the store for.

College

College football AP Top 25 rankings: Mississippi State…

College football AP Top 25 rankings: Mississippi State holds off FSU

NHL

NHL Power Rankings: Sharks, Canadiens, Blackhawks out in…

NHL Power Rankings: Sharks, Canadiens, Blackhawks out in front

NFL

DeMarco Murray carries Cowboys to win over Giants

The Giants knew they would need to stop DeMarco Murray if they were going to leave Dallas with a win. It didn't matter.

NFL

Jets trade for wide receiver Percy Harvin: Report

According to Fox Sports' Jay Glazer, the Jets have sent a conditional draft pick to the Seahawks for wide receiver Percy Harvin.

Wellbeing

Health News: 5K for lung cancer, free yoga,…

Get some fresh air to benefit lung cancer research On Friday, the first-ever Brooklyn Free to Breathe Run/Walk will take place Oct. 26 at Cadman Plaza…

Education

Can these two college students come up with…

Two Atlanta college students say they have an idea for a simple test that would quickly diagnosis the Ebola virus - and it all started…

Education

Chances are, the average college student isn't taking…

As a bachelor’s degree becomes more expensive than ever, one new report is criticizing colleges for the content of those pricey educations. The American Council…

Education

Checkmate: The advantages of teaching your child chess

The game of chess dates back to sixth-century India and has long been associated with strategy and concentration. Schools and after-school programs are capitalizing on…