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McCain In the Money Too
According to the Politico, it looks like McCain cannot thank Hillary enough for her help in leveling the playing field on the money front.
For the first time in the campaign, Republican John McCain in May raised about the same amount of money, $22 million, as Democrat Barack Obama.
McCain also closed the gap in the amount of cash in the bank the two parties' presumptive presidential nominees have at their respective disposals as they enter the first phase of the general election.
McCain reported having about $32 million in cash for primary related expenses at the end of May.
Obama reported having $43 million in hand at the start of June-but about $10 million of that is dedicated to the general election.Obama's fundraising in May marked a sharp fall-off after months of record-breaking donations. Even in difficult times, such as when he suffered a key loss in Pennsylvania in April, Obama brought in a steady flow of cash that usually topped $30 million a month.
In other years the RNC is having a banner year:
As The Times' campaign finance guru Dan Morain points out, the sums are significant as presumptive Republican nominee Sen. John McCain squares off against the far more richly-funded Sen. Barack Obama for the last 136 days of the general election campaign.
Based on the numbers so far, the Republican Party appears poised to act as the financial equalizer in the fall campaign. The RNC disclosed that it ended May with $53.5 million in the bank, compared to $3.9 million for the Democratic National Committee, which is headed by Howard Dean.
Another reason why Obama turned down public financing? Turns out he's not building the unassailable war chest everyone thought he was. This is pure speculation on my part, but my guess is that the business community is tilting heavily toward McCain due to rising gas prices and Obama's ambivalence on NAFTA.
But things are not all rosy with the McCain campaign, and I don't want to leave that impression. The Barack bounce is real, he is leading the polls and McCain has a long, long way to go. It isn't over, but McCain should be thankful the election isn't tomorrow.
Recent Comments
(Page 1 of 2)JOHN2:17PMJun 21st 2008
Subj: FW: Post Turtle
While suturing a cut on the hand of a Texas Rancher whose hand had been caught in a gate while working cattle, the doctor struck up a conversation with the old man. Eventually, the topic got around to Obama and his bid for the presidency.
The old rancher said, Well, ya know, Obama is a 'post turtle'.
Not being familiar with the term, the doctor asked, 'What is a post turtle'?
The old rancher said, When you're driving down a country road and you come across a fence post with a turtle balanced on top, that's a 'post turtle'.
The old rancher saw a puzzled look on the doctor's face, so he continued to explain.
'You know he didn't get up there by himself, he sure as heck doesn't belong up there, he doesn't know what to do while he is up there and you just wonder what kind of an idiot put him there in the first place.'
suzanne4:40PMJun 21st 2008
Obama's fundraising in May marked a sharp fall-off after months of record-breaking donations. Even in difficult times, such as when he suffered a key loss in Pennsylvania in April, Obama brought in a steady flow of cash that usually topped $30 million a month.
I love that paragraph!!
TJ5:08PMJun 21st 2008
JOHN, THANKS KINDLY FOR EXPAINING WHY TJ, THE CLINTONITE IS FLIRTING WITH OLD MAN MCCAIN AND THE REPUBLICANS. IT BAFFLES ME HOW HE GOT UP THERE IN THE FIRST PLACE TOO... HE HAS NOTHING TO OFFER EXCEPT THERE ARE ULTRA MAOIST LIBERALS WITH TONS OF MONEY WHO BELEIEVE HE WALK LIKE JFK AND THE NONSENSE.
THE GUY LIES ABOUT EVERYTHING.
SO HERE TJ, IS A MAN WITHOUT A PARTY.. IM LIKE LIEBERMAN NOW.
TJ, THE AVID CLINTONITE, SAYING TAKE OBAMA OFF THAT PEDETAL AND SNATCH THAT "SEAL" HE MADE OFF HIS HANDS... TRY ANOTHER DAY.
benighse7:07PMJun 21st 2008
Thank Goodness McCain is getting some money so he can get his messages out:
McCain '08 in IOWA and downstream: "Don't worry, the water will recede in a few days and you'll be just as happy as New Orleans."
"McCain's Promise of Security and HIS BRIDGE TO THE 17TH CENTURY--Be Happy, You've got a Moat, Now the Terrorists Can't Get to You!"
McCain '08--"Don't worry, I learned everything I know about helping during natural disasters from Pres. George Bush--#1 Show Up--#2--Express sympathy--#3 Leave--#4--Wait for Next Disaster, and repeat Steps 1-3.
"MCCAIN '08--OUR LEVEES CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR SCHOOLS CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR HEALTH CARE CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR ROADS AND BRIDGES CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR ECONOMY CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR AMERICAN JOBS CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--OUR CURRENT VETERAN'S CAN WAIT---I'VE GOT TO MAKE MORE VETERAN'S"
"MCCAIN '08--OUR AMERICAN VALUES CAN WAIT---I'VE GOT ANOTHER WAR TO START"
"MCCAIN '08--BOMB BOMB BOMB BOMB IRAN---SOUNDS KINDA CUTE DOESN'T IT?--Maybe It'll take your mind off the high water!"
"MCCAIN '08--MY MOMMA DIDN'T RAISE NO IDIOT, I DID THAT ON MY OWN"
"MCCAIN '08--IN 2000 I SAID I WAS RUNNING FOR THE MANOR HOUSE IN 2008, SO HOW DID I GET HERE?"
VOTE YOUR CONSCIENCE!
Katherine8:14PMJun 21st 2008
Good. McCain needs to raise as much money as possible in order to beat the Big Fix.
tom11:04PMJun 21st 2008
A vote for McCain is a vote for neoliberalism. Neoliberalism is the European name for neoconservatism, and it is interesting that it is used here in the United States with the opposite definition. A vote for McCain is a vote to reorganize the human society such that corporation profits become the sole determinant of all laws and procedures. A vote for McCain is a vote to end all social values and social work togethers because these kinds of organizations do not produce a profit. A vote for McCain is a vote to continue the transition from a nation for the people to a nation or the business. A vote for McCain is a vote to submit to volunteered slavery, but this time they will not provide housing and food, the volunteer workers will be required to provide their own housing, food and clothing. A vote for McCain is to keep the wages of these so called "service workers" at a minimum barely above the level of subsistence. A vote for McCain is a vote maintain the economic system such that a very few own most. A vote for McCain is a vote to maintain the present system of governance by purchase, where the business leaders purchase regulations that havew been created by them in the first place. A vote for McCain is a vote to cement this new neo conservative agenda into place A vote for McCain is a vote to place two supreme court judges that are partial to business thus creating a economic system by law.
We fought this battle before, during the Civil War, where it was business against a government of the people, by the people and for the people and the people won. We are again in battle, but this time it is a secret battle. A vote for McCain ia a vote for the people to lose that battle.
And all because they don't l;ike the shade of brown of a black man. When actually he is representative of the melting pot role we Americans were once proud of. Obama is that melting pot and those who would discount that are not really proud of what our nation has done. THe American dream has been realized by Obama and his wife. Our American dream is his reaity, that anyone who has the skill and determination and the character can run for the president of this great nation. A vote for McCain is a vote for a government which gives up all its roles to corporate partners, this is what they mean by small government. Big government when it comes to people, but small government when it comes to business. Business will rule and the people will become their slaves.
USA Today/Gallup 06/15 - 06/19 1310 LV 50 44
Obama +6.0
Newsweek 06/18 - 06/19 896 RV 51 36
Obama +15.0
FOX News 06/17 - 06/18 900 RV 45 41
Obama +4.0
Gallup Tracking 06/17 - 06/20 2640 RV 46 44
Obama +2.0
Rasmussen Tracking 06/18 - 06/20 3000 LV 48 43
Obama +5.0
Reuters/Zogby 06/12 - 06/14 1113 LV 47 42
Obama +5.0
ABC News/Wash Post 06/12 - 06/15 -- 49 45
Obama +4.0
Cook/RT Strategies 06/12 - 06/15 880 RV 44 40
Obama +4.0
tom11:17PMJun 21st 2008
We don't need nor do we want the votes of those who would take America away from the people. We would much rather they continue their message so that we know where they are. We welcome their message because it was their message that got everyone into this fix to start with. That is why there are many replublicans who are going to vote for Obama. They are stuck, because they can't start telling the truth, so all they can do is keep on with their deception. All they can do is what they have been doing but better and more. The lie always ends as a lie. The truth always ends with the truth.
air head lol2:14AMJun 22nd 2008
ohgawd, hills will get blamed for making the obummer spend all that money to defeat her - almost 5 to one... how much money will it take to blow out the kneecaps of the mcduffer do y'all think
now if the unthinkable happens (who woulda thunk that the shrub could have ever been reelected) - well at least we can all have hillary to blame again
as for me, no need to mark that tiny little $3 campaign contribution box anymore -- but whaaa it won't even buy me a grande latte... guess i'll just donate it to my local charity (um, where do i go to find a local charity?)
golly if i hurry i can make it to the local starbucks before they close for a venti double white mocha caramel frappuccino - um, you know thank goodness for plastic...
air head lol3:01AMJun 22nd 2008
if obie is strapped for cash, i read where scotland is offering people money to help them quit smoking
(it might help pay for his nicorette gum supply at least)
belle8:33AMJun 22nd 2008
Hes in the money, he in the money, awhole lot of money. The Dem. party is in need of money. To bad, so sad.
vlg10:55AMJun 22nd 2008
You ask why? Here's why:
Despite the Democrat's earnest rhetoric about declaring independence from a "broken" system and the edge the cash-rich Republican National Committee gives McCain, it's hard to escape the conclusion that Obama's huge financial advantage over McCain is the real reason for his move.
. . . he's hardly the influence-free candidate he styles himself as. One-third of his money comes from the sort of big donors and bundlers whose influence public financing is designed to lessen.
Obama's pledge to reform the campaign-finance system after he gets elected reminds us of St. Augustine's famous prayer: "Lord, make me chaste — but not yet."
Real reformers don't do it just when it's convenient. The best way for Obama to support public financing is not to fix it later, but to participate in it now."
(From USA Today)
Rocco Caputo12:11PMJun 22nd 2008
McCAIN MOCK OBAMA THIS WEEK FOR CANGE HIS MIND ON NOT EXCEPT PUBLIC MONEY. AT FIRST LOOK IT SEEM OBAMA HAS RAISE MORE MONEY THEN McCAIN, AN McCAIN SEEMS TO BE MAKING A POINT, BUT McCAIN DOSENOT MENSHION THAT THE REPUBLICAN PARTY HAS MORE MONEY THAN THE DEMOCRATS AND THAT IT WILL BE USE TO TRY TO ELECT McCAIN. SO OBAMA IN THE END MADE A WISE DECISION INORTER TO FIGHT THE CAMPAIN ON EQUAL FOOTING, McCAIN DIDN'T LIKE THIS TURN OF EVENTS, SO HE TRYED TO MAKE OBAMA LOOK LIKE HE WENT BACK ON HIS WORD, WHEREAS OBAMA JUST WOKE UP TO THE REALATY OF THE HUGE REPUBLICAN FUNDS THAT LUME ON THE HORIZION. SMART MORE SENITOR OBAMA, BAD TRD TRY SENITOR McCAIN TO MAKE IT INTO SOME THING IT WAS NOT. McCAIN WILL DO THIS SORT OF REPUBLICAN THING OVER AND OVER AGAIN BEFOR NOVEMBER, WHEN I HOPE HE LOOSES AS THE FACTS ABOUT HIM ARE MORE AVABILE.
Peggy1:00PMJun 22nd 2008
Obama supporters don't want or need our vote. Just ask them. But I bet this time next month, they'll be asking for our money again.
Susan1:00PMJun 22nd 2008
I don't know where these people like Dave get off saying that if the election were held today Obama would win.
I don't know anybody voting for Obama.
All around the internet are sites against Obama - hundreds of them. That is why he has hired paid bloggers to go around and clog up the internet so people will not find out about him and his crook friends.
He is the worst politician I have ever seen in my life.
More crooks and low-lifes in his inner circle, he tells more lies than anybody I have ever seen, and is the most arrogant, anti-American pice of dung I have ever seen.
He has no respect for our anthem, our flag, and now he has desecrated the Presidential seal.
It is disgusting.
(And there is a law against what he did to the seal so why is no action being taken against him? You might ask yourself who is so big behind him that he can get away with anything?)
Peggy1:01PMJun 22nd 2008
Obama supporters don't want or need our vote. Just ask them. But I bet this time next month, they'll be asking for our money again.
iynaroc023:39PMJun 22nd 2008
Will the real John McCain please stand up. For people that want to meet the real john McCain, please read these two articles:
http://www.realchange.org/mccain.htm
http://www.nationalreview.com/contributors/levin040501.shtml
Now that's the McCain, the reformer we know.
Data just released show America is behind most industrialized nations when it comes to life expectancy. That is why we need universal healthcare like Obama is advocating. Just food for thought:
- For average white American male, life expectancy is 72 years and John McCain is already 72 years old, so he might kick the bucket any time now
- For average black American male, the life expectancy is 70 years and Barack Obama is only 46 years old.
Pete6:46PMJun 22nd 2008
What an exercise in useless pessimism this piece is! Americans do not have complete control of the planet because we cannot prevent earthquakes, cyclones, or tornadoes; but we _can_ take control of our own government with the right leadership. Obama is the wrong choice for leadership. If we make the mistake of electing Obama, it could mean the end of this country as we know it. The election of Obama would be the final catastrophe: an inexperienced, racist, anti-American with a history of drug and alcohol abuse who is dedicated to some kind of nebulous "change." It's becoming increasingly apparent that Obama's "change we can count on" is a "change" of his opinion and position every five minutes. Talk about a chameleon! He is indeed the candidate of "change," but we can't certainly trust the nature of that change since his positions and policies are vacillating constantly. He stands firmly for nothing. His candidacy is based on the inexperience of three years in national government and on the collective insanity of the dilettantes who have supported him. But I have faith that the silent majority of Americans who voted for Hillary Clinton or John McCain will save this country, not from earthquakes, floods, and cyclones, but from the worse ravages of a possible Obama administration. I believe from talking to thousands of voters in working for Clinton across the country, that if the January , February, and March primaries were held today, Obama would sustain a crushing defeat. Damaging elements of truth, like his association with an anti-American pastor and church did not emerge until mid-March, after many primaries had been held. As more information about the real Obama emerges, he won't have a chance of defeating McCain in the fall because the silent majority of Americans care enough about this country to crawl to the polls through flood, earthquake, and hurricane in order to save America from destruction by voting for McCain and against the fraudulent Obama. To read the facts and join the effort to save America, go to ExposeObama.com
I am optimistic that we can save this country from collapse by electing the right leader: McCain. Save pessimism for the earthquakes and cyclones over which we have no control, but champion optimism by fighting the Obama candidacy!
Pete6:51PMJun 22nd 2008
exposeobama.com
jpgoodrow7:15PMJun 22nd 2008
OBAMA AND HIS HATEFUL WIFE have been given a free pass at ever turn including while the media swift boated Clinton out of the race, and now they are targeting McCain.
America still has no idea who Obama is except that he has spent the better part of 20-years in the willing company of America haters, white haters, and now indicted crooks.
20-MILLION DEMS -4- MCCAIN -08
America Needs A President, Not Another Do-Nothing Obama Sermon
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David S.1:44PMJun 21st 2008
There is always plenty of money in both parties - for the conventions and all the pageantry. Ugh - I wish the election WAS tomorrow so we would not have to suffer through five months more of this. Probably 95% of the country has already made up their minds who they are voting for. The candidates can save their money and go home until November.