Sen. Barack Obama's fundraisers were predicting an unreal fundraising month for their candidate.
“One hundred million dollars this June — it’s definitely within reach,” Obama fundraiser Wade Randlett said last month to The Hill.
He can still raise money pretty handily, but now that he's betrayed his base on his commitment to the public financing system, FISA, NAFTA, and the war in Iraq, to name just a few, the money is coming in much slower than that lofty prediction would indicate.
But in today's Wall Street Journal, Christopher Cooper and Susan Davis report that "June fund-raising for Sen. Obama appears to be falling below the expectations of some supporters. The campaign hasn't released its June numbers, but people close to the fund-raising operation say the total will likely be just over $30 million. While this isn't a poor showing, it is an underwhelming haul for a campaign that has ballooned in recent months, has promised a true, 50-state electioneering effort and has told its biggest fund-raisers that it wants to collect $300 million in general-election cash by mid-October."
McCain has been doing much better in recent months, and the RNC has alot more money coming in than does the DNC. It appears that Barack has sucked up all available money, creating a distorted sense of the financial advantage he might have.
For some perspective, we should note that the campaign of Sen. John McCain, R-Ariz., raised $22 million in June.When you consider the Democrat's 50 state strategy for this election, he could be setting himself up for disaster, with money not being as plentiful as expected, and the campaign becoming over-extended.
It would be nice if the media covered this stuff.
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