Saturday, June 07, 2008

In Money Race, Obama Has the Advantage

Matthew Mosk,Washington Post Staff Writer: Sen. Barack Obama will head into the general election with the ability to raise significantly more money than his Republican opponent, an extremely rare position for a Democrat and one that could give him a huge advantage in mobilizing supporters, reaching voters and competing across the country.
Party leaders say they expect Obama to surpass the more than quarter-billion dollars he amassed during the primaries, buoyed by a fundraising list with more than 1.5 million names, an uncommon knack for attracting money online and the expected addition of scores of established bundlers who helped bankroll Sen. Hillary Rodham Clinton's campaign.
Obama's advantage, which could stretch into the tens of millions over Republican Sen. John McCain, would allow the senator from Illinois to build a far more robust field operation and let him drench radio and television airwaves in a much broader array of states, including those where Democrats do not traditionally compete. He would also have enough money to enjoy the luxury of making mistakes, whereas any poor choices McCain makes would be felt much more acutely.
Joe Sudbay (DC), "...there's no way Obama should enter the public campaign system. On this issue, McCain has proven untrustworthy. He scammed the public finance system in the primaries."

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