"Obama fund-raising tapping the 1 percent
SAN FRANCISCO - President Obama is preaching an economic message aimed at the 99 percent and raising campaign cash among the 1 percent, walking an election-year tightrope complicated by the need for hundreds of millions of dollars at a time of high unemployment.
At a beachside community in southern California yesterday, fresh off a dinner where guests included actor George Clooney, Obama was in the middle of a three-day fund-raising tour through opulent homes along California’s coast - a trip to be bookended by images of the president inside factories talking up job creation....
To be sure, Obama’s campaign has mastered the art of raising money from the masses, yet a list of prominent donors released by the campaign shows nearly 450 well-heeled backers who have collectively steered at least $74.7 million to the president’s campaign so far. Fully 62 of them collected at least $500,000 each to give to the campaign, including movie producers Jeffrey Katzenberg and Harvey Weinstein, and Vogue editor-in-chief Anna Wintour.
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