fundraiser brings $2 million cash, odds not good
The 2008 Presidential
candidate John McCain is considering whether to accept public
on John McCain may just turn out to be money badly spent.
McCain, who's odds on winning the 2008 Presidential Election are
only 5/1 by Sportbook.com, just surprised his top staff by
announcing that they will have to take a pay cut. After having
only $2 million in cash, the Arizona Republican candidate said
he is considering whether to accept public campaign funds.
McCain's campaign efforts raised only
$11.2 million in the second quarter, falling short of their
first quarter contributions of $13 million. But even by meeting
his previous fundraising numbers, John McCain would have
been way behind some of the other candidates. Mitt Romney, for
example, raised $21 million in the first quarter of his
campaigning, and Romney's odds are 8/1.
But considering his fundraising and
standing in the polls have foundered as he has met resistance
from moderate voters for his continuous support for the war in
Iraq, and among more conservatives for his high-profile support
for campaign finance reform and Bush's immigration proposal,
betting on John McCain for the 2008 Presidential Elections may
not be your best bet.
Published on 07/02/2007