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May 1, 2012

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Clinton teams up with Obama to raise US$2m

FORMER US President Bill Clinton has given fellow Democrat Barack Obama a rousing endorsement in his first 2012 campaign appearance with the president, and helped him raise more than US$2 million.

A white-haired and svelte Clinton, 65, pounded the podium and pointed at the crowd while addressing about 500 Obama supporters outside the Virginia home of friend and Democratic adviser Terry McAuliffe on Sunday night.

"I think he's done a good job," he told the crowd, introducing the man who beat his wife, Hillary, to win the 2008 Democratic presidential nomination and then made her US secretary of state. "We are going the right direction under President Obama's leadership."

Clinton's support could be pivotal for Obama's efforts to raise money and to sell voters on his economic plans, which Republicans have denounced as fiscally reckless and rooted in populism.

Clinton oversaw one of the most prosperous times in recent American history and managed to balance the federal budget, something Democrats are keen to remind voters of.

Obama, 50, noted Clinton's "remarkable" economic record in his two White House terms. "I didn't run for president simply to get back to where we were in 2007. I didn't run for president simply to restore the status quo before the financial crisis. I ran for president because we had lost our way since Bill Clinton was done being president," Obama said.

Tickets to the outdoor reception cost US$1,000 and up, and Obama and Clinton later addressed a dinner for 80 people who paid US$20,000 each.



 

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