Wednesday, July 18, 2007
McCain Slips in Money Race for '08 Election
Arizona Senator John McCain disclosed Monday that he has raised $11.2 million in the second quarter of 2007. this is significantly low considering what he raised in the first 90 days of the year. This is causing a round of staff cuts and people beginning to think his campaign is troubled. McCains campaign was meant to be up to $100 million this year but in the first 6 months, it was only at the $25 million point.another sign of McCains troubled campaign is the fact that he had $1.8 million in unpaid bills earlier this year.
"We confronted reality and we dealt with it in the best way that we could so that we could move forward," McCain campaign manager Terry Nelson said in a conference call with reporters.
Its been said that McCain has let go 50 of his staff members. He first had 150 paid employees.
McCain's quest "is certainly getting close to toast. It is browning on the edges," said political scientist Bruce Cain, director of the University of California Washington Center in the nation's capital.
In my opinion, i think that McCains financing problems are a reason to believe that these issues in his campaign could be brought up again during his presidency. I think that since he is having such trouble raising the money he needs and having to make staff cuts twice, he should not be involved in the 08 elections. These financial problems if brought into the white house could cause us an even bigger deficit than we have now....which i dont think anyone thought was possible.
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4 comments:
I agree, if McCain is having financial problems even during his campainging, it doesnt look good for the future if he wins office. He is running out of money and should give up.
although his looks can't compare to Kucinich, so i don't like him. i definately think it is unwise to have to stomp on peoples careers and go in to debt for an election which he will most likely lose. QUIT WHILE YOU'RE AHEAD!
The fact that McCain is having hard time with his financial problems is putting McCain on dangerous position to not win the election. Just because McCain doesn't have enough money, he is losing his chance of being elected. Money is determining everything, and I don't think it should be like this. This menas that only the rich people will become the president.
I think that people who are running for president should not have any problem so they can concentrate on their presidential work. If McCain has financial problem, he should solve his problem first.
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