RE: McCain has $47 million to spend in October
Posted by mrsmart on October 20, 2008
The Associated Press announced today that John McCain has $47 million left to spend in October. It begs the question. 1. Where will he find help? 2. Is waving the white flag of surrender allowed in presidential politics?
In contrast, Obama has just raked in $150 million in one month to spend as he wishes!
RNC, 527’s and built-in loop holes in the MCain-Feingold finance reform bill will make little or no difference.
As I wrote in this blog on June 20, 2008 on Obama’s announcement that he was rejecting public financing, this was the real reason FOXNoise and the right wingers were squealing like pigs. That fear, indeed, has materialized. I don’t know where McCain can find help. Maybe he should consider abandoning the whole thing and just walk away. Talk about being caught between a rock and a very hard place.
First, the RNC has congressional seats to try to protect; besides, they will not take over McCain’s campaign. Secondly, 527’s on the right are matched by those on the left. Thirdly, McCain is barred from raising any more money for his campaign because of the limit that comes with accepting the $84.1 million public financing.
McCain is in the worst position anyone can possible find himself. With 2 weeks to go, an eternity in politics, he is staring at a well-oiled, well funded, deciplined Obama’s political machine that is just revving up. I wonder if waving the white flag of surrender is allowed in presidential elections? hm?