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LAT: "Obama surges past McCain in fundraising race"

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quantass Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 03:39 AM
Original message
LAT: "Obama surges past McCain in fundraising race"

The Democrat had more than $77 million in the bank on Aug. 31, records show, and is on pace to raise at least $100 million more by election day.

<snip>

More significantly, Obama has used his financial edge to turn once-reliable GOP states into hard-fought battlegrounds. In that same week, according to an independent study, Obama outspent McCain by more than 8 to 1 in North Carolina and 3 to 1 in Indiana. No Democrat has won either state in more than three decades.

Obama has "stretched the playing field," said Edward Carmines, who teaches political science at Indiana University. "Now, in the last month of the campaign, Sen. McCain is having to make very tough decisions where to spend his money."

<snip>

In all, Obama has raised $454 million through August; he will easily top $500 million by election day. McCain collected $210 million in coming from behind to win the GOP nomination.

<snip>

But the advertising disparity is even larger than those figures indicate. If the Republican Party pays for half the cost of a McCain ad, then half the content is required to be general in nature, promoting, say, the GOP or its members of Congress. So, even in those states where McCain has equivalent dollars, "we don't have equivalent time," said one Republican ad maker who did not want to be identified discussing the challenges facing the party's nominee.

<snip>

Since Labor Day, the traditional start of the fall campaign, independent groups have spent nearly $15.8 million to support Obama, or oppose McCain, more than double the $5.4 million spent on behalf of McCain, according to Federal Election Commission records.


Full story: http://www.latimes.com/news/nationworld/nation/la-na-money13-2008oct13,0,6436466.story
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TheDonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 03:50 AM
Response to Original message
1. Interesting that 527s by rethugs are quiet this election. Maybe they see the writing on the wall
or just cannot get behind McCain/Palin
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XOKCowboy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 03:59 AM
Response to Reply #1
2. They are spending tons against Udall and Congressional Dems here in CO
They're worried more about stemming the landslide in Congress it seems.
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Psst_Im_Not_Here Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 12:11 PM
Response to Reply #2
7. Yes they are!
Mostly "freedoms watch" Gag. My TV is on mute more than it's not! LOL Tivo is the best invention.
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smoogatz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 07:42 AM
Response to Reply #1
6. I'm guessing they'll put on a big last-minute push.
It'll be ugly, headline-grabbing stuff, designed to turn off swing voters. I doubt it'll have much effect, though.
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mucifer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 04:44 AM
Response to Original message
3. mcstupid is wasting lots of money paying canvassers $12/h while we volunteer
in much higher numbers. That can't help him.
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 05:00 AM
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4. mccain craps out
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davidpdx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-13-08 05:35 AM
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5. I'd bet he'll top $600 Million by election day
Because that doesn't include September, October and the very beginning of November. All he'd need is to average about $73 million for the last two months.
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