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
International

Sierra Leone Ebola patient, recovered from family, dies…

An Ebola patient whose family sparked a nationwide hunt when they forcefully removed her from a treatment center and took her to a traditional healer has died.

Local

VIDEO: Cop reassigned as NYPD investigates alleged head…

An officer alleged to have stomped on a Brooklyn man's head last week had his gun taken away and placed on modified duty.

National

New York Times calls for legalization of pot

The New York Times editorial board on Saturday endorsed a repeal of the federal ban on marijuana, becoming the largest paper in the nation to back the idea.

National

Two injured after cable snaps on Ohio amusement…

(Reuters) - A cable on a large swing ride at an Ohio amusement park snapped and struck two riders as the swing was in motion,…

Music

Newport Folk Festival: Photo gallery of 35 moments…

As has been the tradition since Bob Dylan plugged in a bajillion years ago, the Newport Folk Festival embraces more musical genres than its name implies.

Music

MKTO: Behind the bromance

MKTO's Malcolm Kelley and Tony Oller talk about the American Dream tour, Demi Lovato and getting turned down by girls.

Arts

James Earl Jones and Rose Byrne head to…

Two-time Tony winner James Earl Jones returns to the New York stage next month as an eccentric grandfather in a revival of the 1930s comedy…

Movies

Box office: Scarlett Johansson wins battle of brains…

Scarlett Johansson's "Lucy" handily dispatched with Dwayne Johnson's "Hercules" over the weekend.

MLB

Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.

MLB

Joe Torre: I'm in Hall of Fame because…

Joe Torre spent 18 years putting together a near Hall of Fame career as a player. But it was the 12 years he spent as…

MLB

Yankees GM Brian Cashman breaks down art of…

The action frequently accelerates as the non-waiver trade deadline approaches, as it will on Thursday.

Auto racing

Jeff Gordon captures fifth title at Brickyard 400

Jeff Gordon captures fifth title at Brickyard 400

Wellbeing

This Week In Health: Friends share similar DNA,…

Friends share similar DNA, study finds Location: U.S. Study subjects: Nearly 2,000 people Results: When it comes to our social networks, it seems that birds of…

Education

Are liberal arts colleges turning away from the…

Bryn Mawr College, a small women's college located just outside of Philadelphia, announced last week that it would be making standardized tests like the SAT…

Education

Recent grads discover school superintendent plagiarized parts of…

  Two recent high school graduates made a surprising discovery about the commencement speech their school superintendent delivered at their graduation: portions of it was copied…

Career

Feeling stuck? Get out of the entry-level job…

Television and movies may be littered with 20-something characters who seem directionless when it comes to their careers, but author Mary Traina says she finds…