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COLUMNISTS
TODAY'S STORIES
06.02.2008
The Money Primary

Even with her $5 million self-loan, the Clinton cash crunch is severe enough that some senior Hillary staffers are forgoing salaries this month. The Caucus adds that

Her advisers says she’s considering another loan because money is tight now... although she won many states yesterday, including some very big states like New York and California, the victories weren’t resoundingly decisive enough... to inspire a lot of new giving...

Meanwhile, perhaps more amazingly, Obama is reportedly on pace for another $30 million month, including $2.2 million raised in the last 24 hours.

That is a really tough state of affairs for her to survive. 

On the other hand, he needs money more than she does. Gallup now has her up thirteen points nationally. And depending on how much money the Clintons have to burn, she'll probably keep her head above water for a few more weeks.

But if, as is likely, the race drags past Texas and Ohio on March 4, and this fund-raising gap persists, she's in huge trouble heading toward Pennsylvania on April 22.

--Michael Crowley

Posted: Wednesday, February 06, 2008 6:10 PM with 14 comment(s)

Comments

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kj_593 said:

What relevance should we place on a national tracking poll the day AFTER Super Tuesday?

February 6, 2008 6:51 PM

bcbaird said:

"Even with her $5 self-loan..."

Whoa, a five-spot?  That's a all?

I think that's off by about six orders of magnitude...

February 6, 2008 6:54 PM

Rhubarbs said:

Two thoughts:

1. As a general rule, primary campaigns don't end because their candidate fails to win. They end because they run out of money.

2. John McCain has been reaching under the cushion for nickels at every TV studio and hotel room he's been in since last autumn. Ron Paul has raised so much money he makes George W. Bush look like a piker. Money isn't necessarily all that.

February 6, 2008 6:59 PM

dbhuff said:

Obama email tonight claims over $3.4m raised since polls closed Feb 5, kinda puts the HRC "$3m in 3 days" in perspective.  

February 6, 2008 7:23 PM

glacialspeed said:

"The Clinton cash crunch is severe enough that some senior Hillary staffers are forgoing salaries this month."

Sure, but are they giving up their health insurance?

February 6, 2008 7:35 PM

forrestnash said:

"Ron Paul has raised so much money he makes George W. Bush look like a piker."

I know you know this, but clearly that situation isn't analogous. What we're talking about here is an essentially "tied" race (according to the media). Your point, that money alone can't win an election, doesn't imply that money does give a candidate an advantage.

February 6, 2008 7:36 PM

virginiacentrist said:

clinton had a good press day monday (she cried because she loved children so much).

February 6, 2008 7:44 PM

mefestus said:

According to the running tally at Obama's website, he's about 5 minutes from hitting $5 million since last night!

February 6, 2008 9:34 PM

The Plank said:

With senior Clitnon staffers reportedly forgoing pay "voluntarily" in February, it may be worth

February 6, 2008 9:47 PM

The Plank said:

With senior Clinton staffers reportedly forgoing pay "voluntarily" in February, it may be worth

February 6, 2008 9:47 PM

daniel.bogard said:

Obama just raised $5.1m in the last 23 hours.  Nice headline tomorrow, don't you think: "Hill Loans Campaign $5m while Obama Raises Same in 24 hours"????

February 6, 2008 9:52 PM

epicciuto said:

I just got an email from the Obama campaigning telling me they MUST match the $5 million Clinton gave her own campaign -- it's never been more urgent! However, they had a ticker telling me they had already raised $5.2 mil....

February 6, 2008 10:12 PM

The Plank said:

With senior Clinton staffers reportedly forgoing pay "voluntarily" in February, it may be worth

February 6, 2008 10:17 PM

johnalthousecohen said:

"Gallup now has her up thirteen points nationally."

Huh?

That is not an objective way to present things.

If you want to be as up-to-date as possible...there just aren't any post-Feb. 5 polls out (that I'm aware), so we'll just have to wait.

If you want to look back at the old national polls, fine. But don't cherry-pick the one that has Clinton way ahead, when many other recent national polls show them even or Obama ahead.

February 7, 2008 1:12 PM