Show Me The Money


A report by Nedra Pickler of ABC News suggests concern that John Edwards may have difficulty raising enough money, quickly enough, for his Presidential campaign.

There's also been comment elsewhere that the phenomenal rise of Barach Obama potentially affects Edwards most of all. That argument maintains that there is only a finite amount of money available for the '08 pool of Democratic candidates. The largest share of that money has been going to Hillary Clinton, with everyone else left to vie for what's left over.

However, if another compelling candidate enters the race who can compete right out of the gate in Hillary's league, then all the oxygen could be sucked out of the race for the other contenders. Last week Obama visited New York and had dinner with George Soros, the mega-billionaire with a soft spot for Democrats. According to the New York Times John Edwards recently made a trip to New York also hoping to line up potential donors.

On a related subject, it was announced yesterday in the Detroit News that former Congressman David Bonior "has joined likely Democratic presidential candidate John Edwards' political action committee, taking a newly prominent role in national politics and helping cement Edwards' relationship with organized labor."

The Wilmington Star News characterized this appointment a bit differently, and stated flatly that "Bonior has signed on to manage a future John Edwards presidential campaign."

Comments

If you think John Edwards will have trouble raising money...

your nuts.
He has a huge donor base that he has left alone for two years. He has a huge base in Iowa, the Unions in Nevada, and homestate connections in South Carolina.

Obama is a temporary phenomenon, he'll disappear.

I know that every good and excellent thing in the world stands moment by moment on the razor-edge of danger and must be fought for. ~ Thornton Wilder

Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me

Nit Picklering.

Your story is published by a right-wing reporter whose work is so bad that Atrios has created a phrase that plays on her name, Nit Picklering, to describe biased and poor reporting.

I know that every good and excellent thing in the world stands moment by moment on the razor-edge of danger and must be fought for. ~ Thornton Wilder

Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me

I saw something similar in the Observer

and on MSNBC, but don't know who wrote it. I thought it was attributed to the AP. The one point that seemed to be hidden in every version of the story is that Edwards can't legally raise money until he sets up his committee and registers it with the FEC.

Robin Hayes lied. Nobody died, but thousands of folks lost their jobs.



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