Sunday, October 19, 2008

Mindblowing Setember Presidential Fundraising

Obama raised $51 million in July, $65 million in August, and now a stunning $150 million in September. What's even more amazing is that the average donation that Obama received was under a hundred dollars.

This is why Obama opted out of the public financing system. John McCain is limited to spending $84 million for the entire general election, because who really had no choice but to use the system in order to have a chance in winning.

The Republican National Committee (just like the DNC) can spend money they have raised on McCain, but that amount still is dwarfed by Obama's fundraising, and the RNC needs to spend some of that money to prevent the House and Senate from going completely into the hands of the Democrats.

Things are looking very very good... however there is still sixteen days left in the election, and never underestimate the capacity of the Democrats to snatch defeat from the jaws of victory...

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