Saturday, July 14, 2007

Some cash on hand numbers are coming through.

Gov. Richardson has a campaign. Not the richest campaign, but a campaign.
WASHINGTON -- New Mexico Gov. Bill Richardson raised $7 million from April through June for his presidential campaign and had an equal amount in the bank at the second quarter's end.

The Democrat spent $5 million in the three-month period, half of it on direct mail and television advertising designed to build his name identification and reach out to donors, according to detailed financial reports filed Saturday with the Federal Election Commission.
Rep. Kucinich? Some faithful fans, yeah, but not a campaign, I'm afraid.
Rep. Dennis Kucinich, D-Ohio, also filed his presidential financial report Saturday, listing $757,000 in contributions for the quarter and $213,000 cash on hand. Kucinich, a liberal firebrand who also ran in 2004, has raised $1.1 million for the year.
While it's not the only measure of a campaign's position or potential, money does matter. There's an amount of money that a campaign needs to build a multi-state organization. I think $7 million meets that need. I'm positive $200 grand doesn't. I have a great deal of respect for Dennis Kucinich on many scores, and value his role as part of the Democratic Congress's progressive conscience. It's that respect that leaves me hoping he'll shift his attentions to his re-election and his important work in the House.

Filing deadline is midnight Sunday, so we'll be able to check everybody's burn rate pretty soon.

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