Obama Whomps Romney in 2012’s Campaign Cash Grab (So Far)

Mitt Romney has at last vanquished his zombie opponents and locked up the Republican presidential nomination. Polls show Romney eating away at President Obama’s lead in a head-to-head matchup, now at 3.3 percentage points, according to RealClearPolitics‘ polling average. When it comes to the campaign cash fight, however, Obama is trouncing Romney, as new fundraising numbers from the first months of 2012 make clear.

Here’s the most eye-popping stat: By the end of March, Obama’s reelection effort had 10 times more money in the bank than Romney’s campaign, $104.1 million to $10.1 million. Looking at the entire 2012 campaign, Obama’s haul is now at $196.6 million, while Romney’s is at $88.7 million. Below, we’ve visualized the January-to-March fundraising totals for the Obama and Romney campaigns, the Democratic and Republican National Committees, and a handful of key super-PACs. One takeaway: Democrats may be dominating the traditional campaign and party cash grab, but GOPers, led by Karl Rove, are dominating the outside-money battle.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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