June is expected to be another lackluster month (relatively of course) where Sen. Obama only raises about $30 million. I think it's extremely selfish of the Clintons to be asking that Obama's donors help repay her debt (to mostly go to the truly evil Mark Penn, to pay off debts incurred by Sen. Clinton continuing to campaign well after they had any mathematical chance of winning); it's not like they don't have the money to take care of it themselves. There's already evidence this is hurting Obama's fundraising.
Even though I haven't heard of seen any commentary about this, might it not be true that record-high gas prices are significantly cutting into family's disposable incomes? Especially the kind of family that makes up the small donor base (less than $200) that contributes 45% of Obama's fundraising?
Moreover, it was always a bad idea to raise expectations such that Obama is expected to blow McCain and the RNC out of the water in fundraising. Just breaking even is a pretty huge achievement in light of recent Republican advantages in presidential elections. But now it looks like a defeat, especially since Obama rejected public financing.
UPDATE: Obama campaign denies WSJ story.
UPDATE 7/17: I'm glad the Obama campaign knows how to play the expectations game too. Too bad they had to give me a heart attack in the process. I completely retract most of this post, the campaign raised $52 million in June.
Even though I haven't heard of seen any commentary about this, might it not be true that record-high gas prices are significantly cutting into family's disposable incomes? Especially the kind of family that makes up the small donor base (less than $200) that contributes 45% of Obama's fundraising?
Moreover, it was always a bad idea to raise expectations such that Obama is expected to blow McCain and the RNC out of the water in fundraising. Just breaking even is a pretty huge achievement in light of recent Republican advantages in presidential elections. But now it looks like a defeat, especially since Obama rejected public financing.
UPDATE: Obama campaign denies WSJ story.
UPDATE 7/17: I'm glad the Obama campaign knows how to play the expectations game too. Too bad they had to give me a heart attack in the process. I completely retract most of this post, the campaign raised $52 million in June.
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