The Obama team could shake the sofa cushions at his headquarters, relatively speaking, and go a long way toward meeting the city's goal. Think about it: Denver's $11 million shortfall might be 2 percent of the money the senator will raise during the campaign.
Moreover, Obama's decision Thursday to reject public financing will let him tap a wider range of donors, large and small. With public financing, Obama could spend a mere $84 million for the general election. Now, thousands of new donors can participate.
Obama says 1/3 of his contributions come from small donors. If they are small donors, they haven't maxed out their $2,300 limit. And those who have maxed out can still contribute to the Denver Host Committee:
Those who have maxed out have another outlet. They can help Denver and guarantee that Obama doesn't take a PR hit for sticking it to his host city.
As for Republicans, the Rocky notes:
By the way, St. Paul, Minn., the Republican National Convention's host city, has its own worries. The Twin Cities' host committee reported Monday it had commitments for $31 million, but some of that included "in-kind" contributions such as phone lines, food and computer services. Denver may be in better shape because its $29 million is all cash.
Bottom line: This is Obama's party. His supporters should want it to be the best it can be. Colorado Democrats have raised $31 million from private and corporate donors. It's time for Obama to step in.
Leaving Denver (or St. Paul) with open tabs would send a clear but unfortunate message to other cities of similar size that might consider hosting a future presidential convention: Forget about it.