Matt Drudge has the poop:
The nation’s financials may be in a spiral, but cash is flowing into the Obama campaign faster than Marvin Hamlisch can play “Niagara”!
Yesterday, Obama declared how we are in “the most serious financial crisis since the Great Depression.”
Today he will host a dinner in Beverly Hills — costing attendees $28,500 dollars each!
Hundreds of high rollers, including some of the biggest executives in film, television and music, will munch gourmet chow and hang out with the candidate.
Streisand will then sing at the five-star Beverly Wilshire, no doubt reviving the Depression-era standard “Happy Days Are Here Again” with new urgency.
Obama is set to break a single-day fundraising record of $9 million.
Tuesday’s events in Tinseltown come after Obama racked up a record-breaking $66 million dollars in fundraising last month, beating his previous high mark of $55 million last winter.
“The fundamentals of our economy are strong, but these are still very, very difficult times,” rival McCain said, sunny-side up.
“Sen. McCain, what economy are you talking about?” smiled Obama.
Developing…
More here on the fundraising effort this evening.
How does Barack Obama lure wealthy donors to a big-money fundraiser in Hollywood? Bring in Barbra Streisand as the headline performer.
The Oscar-winning singer and actress was to perform Tuesday night on Obama’s behalf in Beverly Hills. It was to be a two-step evening with a reception and dinner costing $28,500 a person followed by a later event featuring Streisand at $2,500 a ticket.
Obama was flying to Los Angeles after an appearance Tuesday morning in a Denver suburb.
The wealthy fundraiser comes on a day when the crisis in the U.S. economy remained an urgent issue for many Americans. Monday’s sharp sell-off left the Dow Jones industrials and the Standard & Poor’s 500 index down by more 4 percent, eroding the value of individual retirement and investment accounts, for example.
Barack Obama who has forgone public financing of his campaign has burned through tens of millions dollars on a failed 50 state Howard Dean type strategy.
So, he needs to reload. The entertainment moguls and their friends are lock step enough to fund his failing campaign.
Flap bets Hillary wished she had been the recipient of some of this largess to pay off her debts.
However, Barack is “The One” and it is ALL ABOUT HIM.
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