Reply #26: GOP fears Obama's money machine [View All]

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GOP fears Obama's money machine
By JEANNE CUMMINGS | 6/5/08 Politico

... review of campaign finance data offers not one ounce of good news and barely any hope for the McCain campaign’s ability to compete with Obama’s fundraising prowess.

To make matters worse, Obama’s campaign, which raised $272 million through April for the primary, now is reaching out to Clinton’s fundraisers, who raised another $200 million through April, in an effort to unite forces and bury the historically deep-pocketed Republicans.

Take a look at some of the numbers:

• If each of Obama’s donors gave him a modest $250, he’d have $375 million to spend during the two-month general election sprint. That’s $186 million a month, $47 million a week.

• During the same September to Nov. 4 period, McCain will have about $85 million to spend since he has decided to take taxpayer money to help finance his campaign activities.

...more at the link
http://www.politico.com/news/stories/0608/10868.html