The Big Money: Obama Comes To Free Will Territory To Raise Funds
Obama's two-day trip to California this week has another important purpose - fundraising.
The Democratic presidential candidate will headline six fundraisers in San Francisco and Los Angeles that could raise millions for the Democratic National Committee and his campaign.
The president's trip, his ninth visit to California since he was elected in 2008, will include four events to pick up campaign cash in the Bay Area - including two at Masonic Auditorium in San Francisco expected to draw 2,500 attendees each, with tickets ranging from $25 for general admission to $10,000 for a VIP reception.
A more exclusive gathering will be a private dinner for 60 supporters at the Pacific Heights home of Salesforce.com CEO Marc Benioff that is sold out at $35,800 a seat.
Obama addressed rising gasoline prices at the San Francisco event Benioff hosted, even while acknowledging that donors at the $35,800-per-plate event weren’t personally struggling with costs at the pump.
“Right now we’ve got $4-a-gallon gas, and most of the people under this tent don’t have to worry about that. But for the average person who has to drive 50 miles to work and can’t afford to buy the Tesla, it’s hammering them. It’s hurting them,” Obama said, according to a White House transcript that notes the Tesla comment drew laughter.
Tesla Motors is a California-based company that makes an electric sports car that sells for more than $100,000, while the sedan Tesla plans to make available next year is about half that price.
Obama added:
“So there’s a huge economic imperative. There’s a national security imperative, as well, because we see what’s happening in the Middle East and we understand that a finite resource that is primarily located in a very unstable part of the world is not good for our long-term future.”
This entry was posted on at 2:38 PM and is filed under Mark Levin, Obama, san francisco politics, the left, the right. You can follow any responses to this entry through the RSS 2.0. You can