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

Mutant worms stay sober, even on alcohol

U.S. researchers have developed "mutant worms" that do not get drunk by alcohol, a breakthrough that could lead to new treatment for people trying to quit drinking

Local

K-9 nose helps capture $150K in cocaine at…

A furry, four-legged security agent helped authorities stop an illegal cocaine shipment from sneaking past JFK customs.

National

Minnesota man asked to leave Southwest flight after…

A man and his two sons were asked to leave a Southwest Airlines flight after the man sent a tweet complaining about being treated rudely by a gate agent.

National

Man sues hospital after surprise penis amputation

An Alabama man who went in to a hospital last month for a circumcision awoke after surgery to find his penis had been amputated, his lawyer said on Thursday.

Movies

Review: Brett Ratner's big 'Hercules' movie is small…

The latest "Hercules," starring Dwayne Johnson as the half-god beefcake of Greek myth, strips its hero and tale of most of its fantastical elements.

Arts

Scientists recreate world's smallest Monet copy

Scientists have reproduced a famous Impressionist painting using nano-printing, to create what has been described as the world's smallest work of art. Reworked at the…

Television

Jerry Seinfeld is ambidextrous, and other Reddit AMA…

See some of the weirder highlights of Jerry Seinfeld's recent Reddit AMA.

Going Out

Grab a pedestrian and start dancing at What…

As a New Yorker, I’ve mastered the art of focusing my gaze straight ahead. Though it occasionally piques my interest, the absurdities that play out…

U.S. Soccer

Orlando City takes shot at NYCFC over Frank…

Orlando City reminded the world how big a signing Brazilian star Kaka earlier this month with a photo of Kaka mobbed by fans juxtaposed against Lampard.

NBA

Jeremy Lin says 'Linsanity' is over as he…

Jeremy Lin lit up the NBA two years ago with his play for the Knicks but he has no desire to recreate "Linsanity" in his new career with the Lakers.

NFL

2014 NFL Fantasy Football Top 100 overall player…

2014 NFL Fantasy Football Top 100 overall player rankings

U.S. Soccer

NYCFC announce signing of Frank Lampard

The tease of a big signing Thursday by new MLS side NYCFC ended up being one rumored for weeks. England midfielder Frank Lampard agreed to…

Tech

Forget Wi-Fi: Li-Fi could be the future

Li-Fi technology – developed by Mexican company Sisoft – is wireless internet connectivity using specialized LED light.

Tech

Weather app Climendo might be the most accurate…

The wait for a truly accurate weather forecast could finally be over thanks to a nifty new app called Climendo.

Tech

Napkin Table puts focus off the phone and…

Michael Jan, a design student at Tunghai University in Taiwan, has invented a serviette-picnic blanket hybrid called the Napkin Table.

Style

Essie's new Color Boutique

Essie launches high-tech kiosks at major airports and malls across the country.