Rick Perry’s Money Problem

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Given the obvious loathing of the Republican base for Mitt Romney, I’ve been reluctant to flatly rule out the possibility of Rick Perry winning the nomination despite his Gardasil heresy, his immigration gaffe, and his cringe-inducing debate performances. I’m willing to flatly rule out Herman Cain, but not Perry.

However, if this story from the Houston Chronicle is true, then Perry might be well and truly screwed:

Texas Gov. Rick Perry’s campaign fundraising has gone into a tailspin as a result of poor debate performances and plunging poll numbers, jeopardizing his position as the best-funded Republican presidential candidate of 2012.

….But Perry’s loyal backers are running into resistance from Republican donors. One Perry fundraiser, who asked not to be named, said he received 15 RSVPs for a recent event from potential donors saying they might attend. But after a gaffe-marred Perry debate performance, none showed up.

….Another Perry fundraiser said he expects the Texas governor to raise between $3 million and $5 million in the final three months of 2012 — less than one-third of what he generated in the first six weeks of his candidacy.

The fat lady hasn’t quite sung yet, but she is definitely warming up her pipes. There’s still time for Perry to rebound, but Iowa is less than seven weeks away, so the “there’s still time” meme is rapidly approaching its sell-by date. If Perry’s going to mount a comeback, he better get started.

Via Patrick Caldwell.

WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

payment methods

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