Looking to boost moral for midterm congressional candidates and boost cash flow, President Obama is headlining a fundraiser in the early evening in Hollywood later today with the likes of big Democrats Streisand, Spielberg, Katzenberg and Hollywood mogul in waiting, JJ Abrams. Obama is scheduled to appear at the cocktail reception only, at the LA home of mega TV producer John Wells, with speaker of the house Nancy Pelosi  joining him. Big spenders are paying $2,500 per person for reception only and really big spenders are throwing down $30,400 per couple for reception, a presidential photo, a dinner and their name listed as one of the event’s co-hosts. Variety also reported that 100 people will attend the reception and 100 at the dinner. Although President Obama will not be attending the dinner, the really big spenders will be honored with the company of House Speaker, Nancy Pelosi.