Dems crush GOP in money game - But for How Long?

[kpete]

Although an interesting article on total political fundraising, it neither proves that Democrats may rest on their advantage nor does it prove that they are the money-favorites. The entire political environment is altered by the fact that corporations may now, thanks to the recent US Supreme Court case FEC v. Wisconsin Right to Life, spend unlimited amounts of money on so-called "issue ads" that don't mention a candidate's name but nevertheless may well be highly identified with Democratic candidates. Another reason (in this case identified in the article below) is the lack of a clear frontrunner or incumbency-back Republican candidate. To a significant extent, it is true that Republican money is uncommitted at this point, and when it does commit, the Dems will no longer be "crushing" the GOP in the money game.

Dems crush GOP in money game

From almost any angle, Republicans are facing a Democratic financial tsunami in 2008.

In the first six months of this year, Democratic federal candidates and the party's three national committees raised $381 million compared with the $291 million their counterparts collected. That amounts to a $90 million advantage and means that 57 percent of the total raised by all political candidates and committees has gone to the Democrats. And that's the good news for Republicans.

When the cash on hand is added up for presidential, House and Senate candidates, as well as the party committees, the picture is even bleaker. Overall, Democrats reported having $314 million in cash compared with the Republicans' $190 million, which means that 62 percent of the political cash is now held in Democratic accounts.



{snip, but, on the other hand there's no incumbent or former President or vice president running for the Republicans, and…}



"When the nominee becomes clear, he will have all the resources he needs," said one longtime Republican operative.

http://www.politico.com/news/stories/0707/5075.html

[zonmoy]

1. probably until the cabal comes openly either ends democracy

or rigs the election in their favor.

[Taverner]

2. Awesome

Of course some shoot-in-foot Democrats here think that's a bad thing, and that we should only support "grass roots" candidates like Nader, Benjamin and Sheehan.

[Land Shark]

5. Especially at this stage, we should all support whoever it is we BELIEVE in

Strategic choices can come later. Democracy doesn't work properly if all of the inputs in terms of citizen opinion are compromised from the start. Unlimited corporate expenditures on issue ads is just another way to distort the citizen input from the get go.

[jdlh8894]

3. So,

He who has the most money wins? If that's the case, then we are fried. As soon as big business kicks their money in,it's game over.

[Land Shark]

4. She who raises the most money doesn't necessarily win, it just helps nt