The D.C. crowd really does live in another world, don't they? Interesting that this article concludes the Dems are having trouble raising money is that they're not business-friendly enough!
The reporter doesn't mention that the netroots community (aka the Democratic ATM) has stopped donating to the DCCC and the DSCC, and instead donate directly to candidates - mostly because we're so disgusted with the Blue Dogs Rahm Emanuel and Co. have recruited.
The party's obliviousness is costing them money at a time they really need it. Worse, it will end up costing us a majority. But why should we give them our money when they're more interested in serving corporations than they are in us?
Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party's harsh rhetoric about big business.
The trend is a marked reversal from recent history, in which Democrats have erased the GOP's long-standing fundraising advantage. In the first six months of 2009, Democratic campaign committees' receipts have dropped compared with the same period two years earlier.
The vast majority of those declines were accounted for by the absence of large donors who, strategists say, have shut their checkbooks in part because Democrats have heightened their attacks on the conduct of major financial firms and set their sights on rewriting the laws that regulate their behavior.
As the battle over President Obama's effort to overhaul the health-care system reached a fever pitch this summer, the three national Republican committees combined to bring in $1.7 million more than their Democratic counterparts in August. The pair of Democratic committees tasked with raising money for House and Senate candidates -- and doing so at a time when the party holds its strongest position on Capitol Hill in a generation -- have watched their receipts plummet by a combined 20 percent with little more than a year to go before the November 2010 midterm elections.
Gee, Rahm. We didn't have that problem when Howard Dean was DNC chair, did we?
Large-scale defeats in the midterms could be a crippling blow to the ambitious agenda mapped out by Obama's top advisers, particularly if they happen in the Senate, where Democrats caucus with a 60-seat filibuster-proof majority. The party will have to work furiously to defend at least six Senate seats and as many as 40 in the House, including many snatched from Republicans.
"If they take them back, this is the end of the road for what Barack and I are trying to do," Vice President Biden said Monday at a fundraiser for Rep. Gabrielle Giffords (D-Ariz.), whose district was held by a Republican for more than two decades before her 2006 victory.
Democrats said a struggling economy is only partly to blame for the poor fundraising performance and acknowledged a more perilous problem: satisfaction among activists that the party now holds the White House, 60 votes in the Senate and 60 percent of the House.