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The Boston Globe

Politics

Obama fund-raises, issues a warning

Tells Democrats midterm losses could be ruinous

SAN JOSE, Calif. — On the West Coast to raise millions of dollars for his party, President Obama spent the second half of this week preaching to rich supporters about why Democrats are better than Republicans. It sounded like a conventional stump speech in the windup to the midterm battle, including an apology to the first lady for running another campaign.

Listen closely, however, and you could hear the president making a much more dramatic statement about the importance of this year’s elections.

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