Booman never disappoints:

There's a big donor model and a small donor model. And there are hybrids, which is, in truth*, what Obama used to fund his campaign. Now a big chunk of Obama's high donors are pissed off. If they makes him less beholden to Big Money then I'd count it as a blessing. But small donors will have to pick up the slack.

Will "have to"? "Have to"? That's rich. I'm betting a lot of the small donors have already sold their Obama commemorative plates and Hope and Change tsotchkes on eBay so they can make the rent or pay for a trip to the ER. We got nuthin to pick up the slack with, after Obama delivered The Big O on jobs, The Big O on housing, The Big O on health care reform, and the Big O on financial reform. And all that before Obama shat the bed in the Gulf.

So, why does Booman think the peasants "have to" bail out The Great Helmsman with their meager coin? This from Pravda may give a clue:

A revolt among big donors on Wall Street is hurting fundraising for the Democrats' two congressional campaign committees, with contributions from the world's financial capital down 65 percent from two years ago.

[T]he overwhelming factor is the rising anger among financial executives who think they have not been treated well based on their support of Democrats over the past four years.

More than 600 regular donors from the New York area [including Jamie Dimon and Lloyd Blankfein] -- whose four- and five-figure checks added up to $10 million for the DSCC and DCCC in 2006 and 2008 -- have so far abandoned their effort to retain the Democratic majorities

Many Democrats said they first noticed the retrenchment from Wall Street in early 2009, when Obama and congressional leaders began denouncing what they considered excesses that caused the 2008 financial collapse.

Democrats have lost financial ground in areas other than New York. As the second-largest source of cash for the party, the San Francisco region's big donors have cut support to the DSCC and DCCC by 34 percent, with donors in the legal and financial sectors dropping the most.

Some Democrats said there is an overall enthusiasm gap among large donors, who were energized to help claim the congressional majorities in 2006 and to expand them in 2008 while electing Obama. But that excitement has waned, especially among wealthy liberal donors who are frustrated that the Obama agenda often seems compromised by conservative Democrats on Capitol Hill.

"There's something fundamental going on, which is a complete disaffection with the committees," said one New York donor in the finance industry who raised about $3 million for Democrats in the 2008 cycle. The fundraiser, who spoke on the condition of anonymity to discuss the Democrats freely, said progressive donors were reluctant to give the party committees money out of belief that they often back the more conservative candidates. "Progressives [whatever that means] have been throwing up their arms," the fundraiser said. "There's a tremendous amount of disaffection with the administration and how the caucuses have performed -- or not performed."

Poor Obama. Nobody loves him. At his day job, the banksters not only want to be serviced, they want him to fake it.** And at night, the wealthy liberals just can't get him to commit. In both cases, and as usual, Obama serves as a blank screen on which people of vastly different political stripes project their own views.

You can't beat something with nothing. And The Big O is nothing.

* * *

So, for the Ds... Where else are they going to go? They can't go to the banksters any more, and they can't go to the wealthy liberals. And they can't go to the small donors, because they small donors hoped or assumed that "It's the economy, stupid!" was something that any D presidential candidate or president would understand and deliver on.

Hopefully, the funding clusterfuck portends the collapse of the Ds. I know we'll take a hit with the Rs, but at this point, I think it's best that we just brace ourselves for the impact, rather than pretend it's not going to happen. And for the legacy party system to be destroyed, and, one hopes, replaced with a system that is electorally responsive, one of the parties has to go down, and when it does, the other one will, too. And if the Ds go first, I couldn't be more pleased.

NOTE * Leaving aside the fact that to this day the OFB are lying about the dominance of small donors in 2008.

NOTE ** I apologize if this post seems to insult prostitutes. As we now understand, any Versailles courtier does far more evil in a few minutes than any prostitute can do in an entire lifetime.