Call the Show 800-520-1234
LIVE: Mon-Fri, 6-9AM, ET
Hugh Hewitt Book Club
Call 800-520-1234 email Email Hugh
Hugh Hewitt Book Club

Follow The Money: The Invisible Hand Of The Political Market’s Writing On The Wall

Email Email Print

From the WaPo:

Sen. John McCain‘s presidential campaign burned through more than $8 million during the first three months of 2007, leaving the onetime Republican front-runner with only $5.2 million in the bank, less than half the cash remaining for each of his chief rivals for the GOP nomination.

The Arizona senator’s campaign also listed $1.8 million in debts, including $207,000 on its American Express account, in a report filed yesterday to the Federal Election Commission.

Senator McCain thus has $3.4 million with which to carry on his campaign in Q2.  Mitt Romney has $12 million and Rudy Giuliani $11 million.

George Will writes in the new issue of Newsweek that “[t]here are reasons of temperament and policy, including Iraq policy, to doubt that [McCain] should be president,” but there is also a very practical argument: Contributions are the visible sign of an invisible hand of the political market, and Senator McCain isn’t getting them. 

At two political events at which I spoke on Wednesday –everyone present being a contributor to the congressman on whose behalf I spoke, and thus in the target market for the presidential campaigns– I asked for a show of hands as to whom had contributed to Giuliani, Romney and McCain.  Romney had a clear lead at event one, and at event two it was a tie between the Giuliani and Romney givers in attendance. 

The combined total of McCain givers at both events?  One.

Fred Barnes thinks Senator McCain can turn this around.  If that is the case, McCain’s Q2 will have to meet or beat the other two leaders. 




Listen Commercial FREE  |  On-Demand
Login Join
Book Hugh Hewitt as a speaker for your meeting

Follow Hugh Hewitt

Listen to the show on your amazon echo devices

The Hugh Hewitt Show - Mobile App

Download from App Store Get it on Google play
Friends and Allies of Rome