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Local News Noise & Notes Politics

Barzun Leaving Diplomatic Post to Oversee Obama Fundraising

Stepping down as the U.S. Ambassador to Sweden, Louisville technology entrepreneur Matthew Barzun will be President Barack Obama’s re-election campaign finance chair.

Political observers have estimated Mr. Obama’s bid in 2012 could be the first to raise $1 billion, and plucking a finance guru like Barzun is a sign that’s a serious goal.

From the Boston Globe:

Barzun, a 40-year-old Harvard College graduate, will serve as national finance chairman for Obama for America, the president’s Chicago-based campaign committee. He is replacing Penny Pritzker, the Chicago billionaire who helped raise nearly $750 million for Obama’s 2008 campaign.

(SNIP)

“Not only was Matthew Barzun one of the Obama campaign’s top fundraisers in 2008, but he also brings strong working relationships with President Obama’s supporters from across the country to this race,” said a national Democrat who confirmed the appointment today.

During the 2008 campaign, Barzun was praised as the one who came up with the idea to use the Internet to organize small-dollar contributors.

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Local News Noise & Notes

Ron Paul Launches Presidential Campaign

For the third time, outspoken U.S. Rep. Ron Paul, R-Tx., is running for president.

From the National Journal:

Sources close to Paul, who is in his 12th term in the House, said he will unveil an exploratory presidential committee, a key step in gearing up for a White House race. He will also unveil the campaign’s leadership team in Iowa, where the first votes of the presidential election will be cast in caucuses next year.

Paul, 75, ran as the Libertarian Party candidate in 1988, finishing with less than one half a percent of the vote. After more than a decade as a Republican congressman, Paul gave it another shot in the 2008 presidential election, gaining attention for being the only Republican candidate calling for the end to the war in Iraq and for his “money bomb” fundraising strategy, which brought in millions of dollars from online donors in single-day pushes.

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Local News Noise & Notes Politics

Romney Moves Closer Towards Presidential Run

Polling ahead of most Republicans, former Massachusetts Gov. Mitt Romney is inching towards a presidential run by announcing he has formed an exploratory committee.

In a YouTube video taped at the University of New Hampshire, Romney focused on jobs and the economy, blaming President Barack Obama for the stalled recovery.

“How has this happened in the nation that leads the world in innovation and productivity? The answer is that President Obama’s policies have failed,” he says. “He and virtually all the people around him have never worked in the real economy. They just don’t know how jobs are created in the private sector. That’s where I spent my entire career.”

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