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Miscellaneous

: The Pullins Report

Scott Pullins: 300 Million Reasons Why John McCain is In Deep Trouble

By The Pullins Group LLC

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As Politico wrote recently, John McCain is in deep financial trouble:

? If each of Obama?s donors gave him a modest $250, he?d have $375 million to spend during the two-month general election sprint. That?s $186 million a month, $47 million a week.

? During the same September to Nov. 4 period, McCain will have about $85 million to spend since he has decided to take taxpayer money to help finance his campaign activities.

? The Republican National Committee, which is charged with closing the gap between McCain and Obama, has $40 million in cash. Obama raised almost as much ? $31 million ? from just his small donors in the month of February. His total for the month, $57 million, exceeded the RNC?s cash balance. ? Obama has more than 1.5 million donors; McCain has a few hundred thousand. If just a million of Obama?s donors sent him the maximum donation, $2,300, he could raise $2.3 billion.

OK, that?s not going to happen. But campaign finance experts and Democratic fundraisers say a conservative estimate of Obama?s general election fundraising potential hovers around or above $300 million.

Such a massive financial advantage will allow Obama to compete in more states than McCain and force his rival to defend states that should rightfully be Republican wins.

I can't recall a Republican candidate for President that has been outspent at this level.  Even Bill Clinton took public funds for the general election in his 1996 rout of Bob Dole.

Scott A. Pullins, Esq.
Publisher,
The Pullins Report

Full post as published by The Pullins Report on June 12, 2008 (boomark / email).

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