Obama’s Got Mo Money
Now that Barackstar has squeaked by Bilary, he’s got a new villain to defeat: John McBush aka John McSame. Aside from having tremendous oratory skills, charisma, running on a platform of “change” and all that other saucyness, Barack Obama has another huge advantage over Old Man McCain: money, money, money.
According to Politico.com, Barack Obama’s finances look like Jay-Z going up against J-Hood. Check the numbers.
• 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.
Now it’s unlikely that Obama will raise 2 billion bucks, because that would just be RIDOKOLOUS. But most analysis believe Barack will raise something in the order of $300 million for his Presidential campaign, which would impale McCain’s 85 mill. Ouch.
