Monday, October 15, 2007

Giuliani Can't Raise More Than He Spends

Rudy may have raised over $10 million in the last three months, but he spent more than he raised, a troubling sign for the so-called front runner. Even though $11.4 million sounds impressive for three months time, it is nothing compared to Hillary and Obama. The numbers show the enthusiasm of campaign donors on either side and when push comes to shove, the mojo is not on the side of Giuliani or the Republican field in general.

From The Huffington Post:

Giuliani led the Republican field in fundraising this summer, according to early estimates provided by the campaigns, though his July-September total declined from his high during April-June.

Giuliani is ahead of the rest of the Republican candidates in national polls, but he lags behind former Massachusetts Gov. Mitt Romney in the leadoff caucus state of Iowa. In New Hampshire, another important early voting state, polls show the race a virtual toss-up among Giuliani, Romney and John McCain. Thompson, the "Law & Order" actor and former Tennessee senator, is also competitive with the top tier in state and national polls.

Giuliani's cash lead over the rest of the field could give him an advantage in the remaining 90 days before voters make their choices in the early contests.


If Giuliani is the leader, then things are definitely not looking good for Republicans in 2008. The entire field over there is pathetic, even with Mitt's millions and Fred's acting money. Ron Paul is the most fiscally prudent even if he doesn't seem to have a chance at winning anything when the primaries start in three months time. The free media is working out best for him and the internet buzz is fantastic for the libertarian (who I must say practices what he's preaching), even if his message falls on many deaf right-wing ears.

Unlike Ron Paul who flies commercial, Rudy has pulled out all the stops. He spends millions on staff and travel, even with comped airplanes from supporter and venture capitalist Paul Singer. Add paid media to the mix in the form of print and radio and you have a campaign that ran in the red for the third quarter.