I think the fact that Obama’s campaign is running out of money is an important story. He had money, and could have delayed the massive spending, but chose to go ahead and spend most of it in previous months. As it turns out, he didn’t spend the money wisely, either. This is analogous to what he’s doing to the country.
WE won’t have any money in a few years, because he’s spent it all, too early, and on the wrong things.
“I think the fact that Obama’s campaign is running out of money is an important story.”
I doubt there is any truth to the claim Obama’s campaign is running out of money. Soros, Buffet and others will cough up at the appropriate time. This is just part of the PR game - poor President Obama being outspent by the ultra-wealthy evil capitalist Romney. This is noise for consumption by the liberal base and those sympathetic to the class warfare game.
My bet is Obama’s campaign will borrow whatever it needs from the big Wall Street banks while at the same time poor mouthing by filing lower contribution numbers to the FEC. If he loses, his campaign fund declares bankruptcy and stiffs the banks. If he wins, someone quietly goes around to the banks and suggests they write off the loans. After all, Obama will be regulating them if he wins. This is Chicago politics.
In the end Obama will outspend Romney and his campaign will benefit from both media spending and ground organization by unions, leftwing non-profits, the civil rights lobby, and leftist super PACs. Plus he’ll enjoy the daily propaganda spin from the mainstream media.
In the end it won’t matter how much Romney spends if he doesn’t have a winning message. Hopefully it is more than “Obama’s a nice guy but not a very good President.”