Friday, August 15, 2008

Mcain Fundrasing/Obama Miscalculation?

John McCain raised 27 million dollars in July, so he has about 21 million dollars spend going into August. The beauty of this is; McCain is excepting public financing. This means that after he formally accepts the Republican nomination in September he can only spend the 84 Million allocated to him out of the public funds. So essentially he is going to have to drain his bank account between now and his nomination. Have you noticed the McCain adds during the Olympics?

Obama on the other hand got cocky, and opted out of public funding "because the system is broken". Whatever that means. Basically he thinks he is going to be able to raise another 200 million or so. I tend to doubt that. Most of his big money donors have maxed out their 2300 dollar limit buy now. The economy sucks, and let's not forget it's the republicans who are the rich ones, not the democrats. Right? Right??

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