2:30 pm Aug. 21, 2012
Priorities USA, the super PAC supporting President Obama, reported raising $4.8 million in July, with a slight uptick in donations from New York, where the group has previously struggled, thanks to a handful of six-figure donations from an architect, a private-equity executive, a biomedical researcher, and the longtime manager of Metallica.
Billionaire architect Jon Stryker added $750,000 in July to the $750,000 he had already given Priorities this cycle, but most of the big donors were giving to the super PAC for the first time.
Vincent Mai, the chairman and CEO of private equity firm AEA Investors, and two of his relatives gave a combined $200,000, and David E. Shaw, a biomedical researcher, gave $500,000.
Clifford Burnstein, the owner of Q Prime and longtime manager of Metallica, gave $100,000.
(That was one year after the band kicked out guitar player Dave Mustaine, who founded Megadeth shortly thereafter, and recently told a crowd in Singapore that Obama staged the movie theater shooting in Aurora. Lars Ulrich, Metallica's drummer, once described the band's surprise when "this Rasputin Jerry Garcia-looking guy answers the door wearing this smelly old t-shirt," the first time they met Burnstein.)
The Silversun Pickups, another Q Prime band, recently made some minor news when they asked Mitt Romney not to use their song "Panic Switch" before his events.
Priorities USA still lags well behind their counterpart Restore Our Future, the super PAC supporting Mitt Romney's campaign, which raised $7.4 million in July and had more than $20 million on hand at the beginning of August, compared to just $4 million on hand for Priorities.