McCain/GOP Fundraising Success

July 11th, 2008 at 08:31pm Mark Noonan

Seems to be more and more the case that while Obama will outspend McCain, the overall battle between Democrat and Republican will be more equal:

Republican presidential candidate John McCain raised more than $22 million in June, his best fundraising performance of the year, and ended the month with nearly $27 million cash on hand.

Campaign manager Rick Davis said Thursday that McCain and the national Republican Party together entered July with about $95 million in the bank. The Republican National Committee, which has been raising money jointly with McCain, collected nearly $26 million in June and had nearly $69 million on hand, officials said.

The campaign’s fundraising has given McCain the ability to spend more on television advertising than Democrat Barack Obama in key battleground states. Davis said about half of its income had been spent on television advertising.

Obama has not revealed his June fundraising.

In announcing McCain’s fundraising, Davis portrayed the campaign’s financial position as far brighter than ever before. He said the joint RNC-McCain fundraising through direct mail is now exceeding President Bush’s direct mail fundraising in 2004.

“We will have significant resources to prosecute a campaign that is very robust,” Davis said.

I wonder why Obama hasn’t released his June totals yet? I guess he doesn’t have to - but you’d think that if he were greatly outpacing McCain, he’d want to trumpet that…hey, just askin’….

The really crucial thing here for the GOP is the $69 million the RNC has - McCain is taking public financing, so all the money McCain raises must be spent by the end of August. That $69 million (which is likely to rise) will be used on party efforts to help McCain - and down-ballot GOPers (where we are trying to turn expected losses at least into holding our own). Meanwhile, the DNC is effectively broke, the Democrats can’t raise enough to pay for their convention and while the Democratic Congressional Campaign Committee has a good sized bank account, it seems that Obama is sucking up all the rest of leftwing money, which opens the question about how down-ballot Democrats will fare even if Obama wins.

Things like the money totals; the continued ability of the military to secure recruits; the ability of President Bush to win on FISA and on war funding; the abysmal Congressional approval ratings….all fo this indicates that while Obama is still the favorite to win in November, he’s only marginally so and, meanwhile, the overall left - and the Democratic party - can’t figure itself a shoo-in (though, of course, they do believe that…and I hope they keep on believing they’ve got it in the bag).

My view is that the American people are worn out - tired out Iraq, true (but not so tired they are willing to lose in order to get out), but also tired of Congressional scandals (and, Donks, William Jefferson - you forced him to resign, yet?), tired of political back-biting, tired of heated rhetoric on energy while gas prices continue to rise, tired of shrinking home equity…change is, indeed, wanted and that is the whole point of Obama…but if specific change is proposed, which way will the electorate go? McCain is offering concrete proposals, while Obama keeps things as vague as he can. Which will actually resonate come November?

Tags: Barack Obama, Defeaticrats, fundrasing, John McCain, oil price, RNC

Entry Filed under: Campaign 2008, Corruption, Democrats, Economy, Kook Left, President Bush, Republicans, War on Terror

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