GOP Fundraising Preview

The always excellent Marc Abinder brings us a preview of the October fundraising numbers. This of course will have tremendous implications for the direction of the GOP primary.
Romney has loaned himself nearly $9M, which, when subtracted from his $12M cash-on-hand, would suggest that receipts in have not kept pace with disbursements, generally, which have totaled more than $32M. Romney donors said that they had been told that Romney was prepared to spend another $5M to keep his campaign's budget intact. They give a range of $10M to $12M for individual contributions in the third quarter.

John McCain will raise between $4 and $5M; Fred Thompson will probably raise around $6M.

If this is true that Fred Thompson is barely ahead of John McCain in the fundraising department, it certainly does not bode well for Team Thompson. Even considering that Thompson has not revved up the engine throughout the third quarter, he should have been able to reach out and tap the primary network of contributors for a big initial flush of cash. Either his network isn't very big, or the enthusiasm with which his campaign has been received will receive a cold shower.


Add this to the common wisdom that Fred is a little lazy and this may blow up into a serious obstacle for the campaign. It's not even about the money, it's the perception of being a inflatable candidate: If he goes up like a balloon, he may be easy to pop.

This doesn't mean anything to John McCain of course, in practicality, he's still over, even if he's raised a couple more million that I expected. But for Romney and Giuliani, it's a sigh of relief if they can pile up a huge cash advantage. They can then use that if needed to buy marketing to counter a grassroots Fred effort. Think Kerry vs. Dean in 2004 and you got it.

The Democratic fundraising preview can be summed up like this: Hillary has raised gobs of money and has more than enough not only to fend off her challengers, but has long since started collecting money for the general election.

Reader Comments ( Page 1 of 3)

Coming Soon

Presidential Race News

    Politics Video

    Mo Rocca - Oscar Tips

    Mo Rocca - Oscar TipsPublicity expert Howard Bragman offers Oscar Tips.

    Mo Rocca - Could Jim Belushi win the Nobel Peace Prize?

    Mo Rocca - Could Jim Belushi win the Nobel Peace Prize?Public relations expert Howard Bragman helps Mo develop a plan for Jim Belushi to win the Nobel Peace Prize.

    Spring Break Sexy T-Shirt Removal Traning

    Spring Break Sexy T-Shirt Removal TraningMo explains how to properly remove your t-shirt during spring break.

    Mo Rocca - Beauty Pageant Tips - Plastic Wrap

    Mo Rocca - Beauty Pageant Tips - Plastic WrapPersonal Trainer Justin Popvics offers you his expert tips in performing your best at beauty pageants. This time: swimsuit poses.

    Mo Rocca - Beauty Pageant Tips - Swimsuit Poses

    Mo Rocca - Beauty Pageant Tips - Swimsuit PosesPersonal Trainer Justin Popvics offers you his expert tips in performing your best at beauty pageants. This time: swimsuit poses.







    News Search
    AOL News

    Elections Blog

    Read the latest election news stories around the U.S. on AOL News. From congressional and gubernatorial elections to the latest local election results, we deliver the information you need.

    © 2009 AOL LLC. All Rights Reserved.
    AOL@News © 2009 AOL LLC. All Rights Reserved.
    BACK TO TOP
    Blogsmith