It looks like bashing the one percent is paying off big dividends for Democratic fundraising efforts.
Struggling to meet their fundraising goals for their 2012 Charlotte convention, Democrats cancelled their planned opening event, which was scheduled to take place at the Charlotte Motor Speedway. This follows a decision in January to scale the convention back to three days from the intended four day event originally envisioned by convention planners.
Reportedly, Democrats have raised only a small fraction of their intended fundraising target of nearly $37 million, with less than ten million raised to date. With the convention just a couple of months away, it's hard to see how they will come anywhere near meeting this goal.
Meanwhile, North Carolina Democrats have been engaging in their own form of major-league downsizing, with incumbent Democratic Governor Bev Purdue passing on re-election, along with Congressmen Brad Miller (D-Raleigh) and Heath Shuler (D-Asheville), all of whom were expected to lose re-election this year. Lumberton Democratic Congressman Mike McIntyre, who barely survived a 2010 challenge and is expected to face another tough battle this year, recently declined to endorse Obama's re-election.