Regardless of the results of the Pennsylvania primary tomorrow, the Clinton campaign is simply out of gas. Current figures from Fox news show Senator Obama with $41 million on hand with negligible debt while Mrs Clinton has $9 million on hand with $10 million in outstanding debts.
Mrs Clinton will stay in the race but is fighting a very difficult battle with no funding and an insurmountable deficit in earned delegates.
I have been very critical of the management of the Clinton campaign in the past with comments about poor strategy and poor overall planning coming from the fact that Hillary thought it would be over by February 5th and had no structure in place for the rest of the elections to follow. I am a bit surprised that the Clinton machine can't keep up with the new kid in fundraising. She has not broadened her base for fundraising - despite early warnings last year that Senator Obama would be no pushover in financing his campaign. Senator Obama has broadened the Democrat base, made masterful use of the internet and raised the overwhelming majority of his money from small contributors and not big corporate interests that you hear so much about.
Now add to those criticisms the fact that their fiscal responsibility seems to be lacking as well (coming to the wire with debts exceeding cash on hand) and we have yet another indication that this candidate is not ready to go on day one. The bottom line is that she cannot handle the bottom line. I don’t want her with her finger on the button, answering the phone at 3a or handling my country’s checkbook.
Senator McCain and the RNC had better be watching. True, there is only a 60 day campaign after the convention – but McCain is not raising money at the required levels yet. Unless we want another Bob Dole race which fades away because of lack of funding – the conservative base needs to step up to the plate (the multi-thousand dollar a plate fund raising dinner plates) now. Federal funding of the MCCain campaign is an embarrassing option that says our guy couldn't get the job done. And we will lose to the Senator from Illinois.
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