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Romney Gains Ground in Silicon Valley

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  • Description

    'Special Report' host Bret Baier weighs in on the presidential campaign and Silicon Valley.

  • Duration 2:47
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So before we talk a little -- -- -- body here on markets now we're gonna -- tech talk with Bret Bair that's because Mitt Romney.

Is trailing president Obama's Silicon Valley campaign donations but he's way ahead -- John McCain from four years ago.

There's -- the host of special report on Fox News and President Obama is not doing as well.

As he did out did not -- land a four years ago what do we make -- this.

Well you know it's finishing back and forth -- about the fund raising and where each candidate to President Obama and Mitt Romney are making their money.

The conventional wisdom is that big business.

Is heading towards Mitt Romney not only on Wall Street but.

Throughout the country and that big corporations.

Especially feel.

More associated with the Romney campaign.

At least if you look at the donor list when it comes to Silicon Valley.

Mitt Romney is Al fundraising John McCain but as you mention.

There isn't a lot of back and forth do you still have present Obama doing well yeah out in California.

And what what the big issue for President Obama is is if the big dollars still.

-- win and so far there questions about that.

Is there going to be a real Monica on money problem and we used to talk all about or -- that people use to send a billion dollar campaign the president is it possible.

With Wall Street becoming something of -- issue.

And although there's some liberal people certainly especially socially on on on Wall Street it's not a huge surprise that they might turn to Republican but.

-- Silicon Valley you would think would be.

A liberal you -- place where a -- President Obama could do well with some.

Notable exceptions has a lot of liberals and in Silicon Valley so not good for the -- if he can't do as well there is he did.

Rights and you look at -- amount to the number of fundraisers at the president's holding including two today.

And they are smaller dollars they are smaller dollar amounts.

This is the track record that he's had in recent weeks.

There are analysts on both sides of the aisle who look at the Obama campaign saying they are trying to build something that.

Hasn't been built before they're going on and -- online infrastructure model.

That potentially could pay off as you head into the fall.

If one day all of the people -- been donating one dollar two dollars come up and say we really need this and they donate twenty dollars.

Suddenly the fundraising equation -- -- dramatically.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- In the traditional sense of fundraising but in the online fundraising we actually don't know what the Obama campaign is capable not Bret thanks as always.

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