Forget what I said before, it’s fairly clear that Barack Obama made the right decision when he rejected public financing:
Senator Barack Obama raised $66 million in the month of August, making it his best month ever and the best in American political history, an aide said Sunday morning.
Obama is releasing that number after suggestions that his fundraising was failing to meet expectations. It puts him on pace to substantially outspend John McCain in the last two months of the race, in which McCain will be limited to spending the $84 million supplied by the Treasury under public financing rules.
(…)
An Obama aide said the campaign added 500,000 new donors to its rolls in August. The new figure — shattering his previous record of $55 million — also demonstrates how the increasingly heated, nasty race has energized Obama’s fundraising, and raises expectations that he will raise that much or more in the next two months.
(…)
The McCain campaign raised $47 million in August.
Of course, as Rudy Giuliani can attest, raising a lot of money doesn’t guarantee you’ll win, but this should put to rest any suggestions that the Obama campaign is about to implode.
September 14th, 2008 at 11:57 am
isn’t it a shame that either party spends/wastes this much money on election campaigns. I can think of much better ways for both parties to spend this much money!
September 14th, 2008 at 1:09 pm
I would think twice before sending my hard earned money to a man who blows six million dollars on a party to glorify himself
September 16th, 2008 at 7:42 am
So it appears that Obama raised 66.6 million dollars in August. He finally reached his numerical goal.