. . . Obama's reversal on public campaign financing, and the huge amounts of cash he is raising from unidentified or untraceable donors, inevitably will lead to a major scandal, McCain has warned. Obama has raised close to $200 million from donations of $200 or less, the level at which donors names do not have to be reported to the SEC. McCain has released the names of all of his donors, including those who contributed less than $200 . . .
. . . it now appears likely that Obama will raise and spend more money than President Bush and Sen. John Kerry, combined, spent in 2004. And those figures do not account for the massive assistance Obama has received from groups such as ACORN, the AFL-CIO, other unions, abortion-rights, and other organizations. . . .
Friday, October 31, 2008
Obama to Outspend Bush & Kerry Combined!
Obama is on track to outspend the amount Bush & Kerry spent combined during the 2004 election:
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