Thursday, March 6, 2008

Obama raises $55 Million in February

When the February figures for Senator Clinton were leaked last week, her $35 million take was rather impressive. In any other year, those numbers would be considered monumental.

However, that total stands in the shadow of the $55 million the Obama campaign raised. That is almost $1.9 million/day. The amazing part of it is that $45 million of that was raised through the web, a true testament to effectiveness of Obama's grassroots campaign.

I believe that it is ridiculous that our political campaigns have to expend as much money as they do. It creates barriers of entry, and encourages conflicts of interest in our political process. However, one cannot deny that $55 million in one month, especially the shortest month of the year, is a major accomplishment.

Now let's hope this will power Obama to victory in Denver.

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