Following the money
February 26th 2008 23:41
A recent New York Times graphic provided a detailed breakdown of the financial situation for the campaigns of Clinton, Obama, McCain, and Huckabee. If you're interested, take a look. Here are the most salient points that I culled from the summaries:
* The Democrats are outraising the Republicans by an ASTRONOMICAL amount. During the period from 1/1/07-1/31/08, Clinton and Obama both raised funds well in excess of $100 million. McCain, the GOP's presumptive nominee, only raised $41 million. What makes this even more startling is the fact that the GOP usually raises much more than the Democrats. That swing represents a rejection of the Republican brand and/or excitement about the Democratic candidates (probably both).
* Similarly, "money on hand" is much greater for the Democrats than it is for the Republicans. This makes sense based on the amount of money raised, but it means that the GOP will not be able to compete as well as or in as many markets as the Democrats in the months ahead (assuming, of course, that the fundraising trends do not change dramatically).
* What Mike Huckabee has done is truly remarkable. He won't win the GOP nomination, but he has really made his money go a long way. He has earned quite a few delegates and has outlasted almost the entire field while running a campaign held together by duct tape and rubber bands.
* The size of the donations is very telling. Clinton and McCain have a higher percentage of large-money donors while Obama and Huckabee appeal more to small-money donors. To me, this indicates a bigger appeal to the common "man on the street" for Obama and Huckabee (relatively speaking).
Money doesn't guarantee a victory. However, it does help signify support and viability. Based on the financial breakdown to date, it looks like the Democrats should win by a landslide in November.
* The Democrats are outraising the Republicans by an ASTRONOMICAL amount. During the period from 1/1/07-1/31/08, Clinton and Obama both raised funds well in excess of $100 million. McCain, the GOP's presumptive nominee, only raised $41 million. What makes this even more startling is the fact that the GOP usually raises much more than the Democrats. That swing represents a rejection of the Republican brand and/or excitement about the Democratic candidates (probably both).
* Similarly, "money on hand" is much greater for the Democrats than it is for the Republicans. This makes sense based on the amount of money raised, but it means that the GOP will not be able to compete as well as or in as many markets as the Democrats in the months ahead (assuming, of course, that the fundraising trends do not change dramatically).
* What Mike Huckabee has done is truly remarkable. He won't win the GOP nomination, but he has really made his money go a long way. He has earned quite a few delegates and has outlasted almost the entire field while running a campaign held together by duct tape and rubber bands.
* The size of the donations is very telling. Clinton and McCain have a higher percentage of large-money donors while Obama and Huckabee appeal more to small-money donors. To me, this indicates a bigger appeal to the common "man on the street" for Obama and Huckabee (relatively speaking).
Money doesn't guarantee a victory. However, it does help signify support and viability. Based on the financial breakdown to date, it looks like the Democrats should win by a landslide in November.
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Comment by S.L. Bradish
Comment by PopulistConservative
Angry Electorate
I'm all for third-party candidates, though. I voted for Perot in 1992 and 1996. Then, like now, I was conservative but also disgusted with the GOP.
Comment by S.L. Bradish
Comment by PopulistConservative
Angry Electorate
I like Lou Dobbs. He's one of the few paying attention to my biggest issues (trade, illegal immigration, fiscal matters, etc.). He won't get in, though. The system's just too rigged for a third party to really have a shot.
Comment by S.L. Bradish
Comment by PopulistConservative
Angry Electorate
Comment by S.L. Bradish
Comment by PopulistConservative
Angry Electorate
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