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April 8, 2008

McCain Fails in Fund Raising

Filed under: — @ 6:37 am

McCain Wants Matching Funds, Again

by James Buchanan

Crazy John McCain

John McCain has had a hard time raising funds. During the fourth quarter of 2007, McCain was scraping bottom with only about five million in donations. McCain announced back then that he would be taking matching funds and received a loan for several million based on matching funds that would be paid by the government.

Despite getting the stamp of approval from the Republican Party (either by horribly ignorant voters or by vote-stealing by Diebold), John McCain is still failing badly to raise adequate funds for a serious presidential bid. A recent article reports “Sen. John McCain raised more than $15 million in March for his presidential campaign, more than any month since he started running. It’s way short of his democratic rivals. He is returning $3 million in donations given for the General election but contributors are being asked to resend the money to his legal fund… Obama raised $40 million for his primary race in March, the majority of which came from small donors. Clinton raised $20 million. Taken together various steps and utterances from McCain insiders over the last few weeks make it clear he intends to accept taxpayer funded matching funds for the general election.”

In the fourth quarter of 2007, McCain was only able to raise one quarter as much money from ordinary Americans as Ron Paul, who pulled in 20 million dollars. Despite this huge disparity in fund-raising ability and despite McCain’s attempt to destroy America with an Amnesty Bill in June of 2007, we were told that a majority of Republicans voted for McCain on Super Tuesday as the primary results were tabulated by Diebold machines all across America.

Talk Radio hosts John and Ken in Los Angeles have observed over and over that people don’t want to give McCain a lot of money because his pro-Amnesty position is death at the voting booth. Why contribute a lot of money to someone who stands no real chance of rallying his base, let alone winning over a majority of Americans?

Adding to the perception of an oncoming McCain train wreck is the growing momentum of the Obama campaign. Instead of the universally disliked and grating Hillary Clinton, McCain will have to run against a charismatic, younger and much more likeable Barack Obama. John McCain looks like the grumpy old man down the street who keeps yelling “Hey you kids get off of my lawn.” McCain reportedly is an arrogant, stubborn hothead, much like George W. Bush, whom most Americans are thoroughly sick of by now.

For several weeks, McCain was trying to back out of the matching funds program, which he said he wanted to use in December. A viable political candidate should not sign on to the matching funds program. Apparently, the fund raising has not gone that well for McCain. Normally a candidate will be showered with donations after clinching the nomination –especially if the candidate is truly popular and reflects the beliefs of most voters. Instead, Republicans see John McCain as another “Bob Dole” –an unbelievably bad candidate, who has no hope in hell of winning. Why donate money to someone, who just can’t win?


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