Obama Spending May Swamp McCain, End Republican Money Dominance

[Joanne98]

Source: Bloomberg

April 11 (Bloomberg) -- Barack Obama will likely overwhelm John McCain in campaign spending, if the Illinois senator wins his party's presidential nomination, in what would be the first time in four decades a Democrat would enjoy such an advantage.

And he could do it whether he accepts federal campaign- finance limits or raises all the money privately.

Obama, the front-runner for the Democratic nomination, has amassed $234 million -- three times more than Republican McCain has raised. That puts Obama on the verge of shattering the fundraising mark set by President George W. Bush in 2004.

``There are not enough zeroes to define how badly we are going to be outspent,'' said Eddie Mahe, former deputy chairman of the Republican National Committee.



Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=ax.vqApEj52k&refer=home

[Jacobin]

1. Ah, but the mainstream media will come to the neo-cons rescue

[Pavlovs DiOgie]

2. This will be tremendous in the GE

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