Barack Obama has raised tens of millons more than John McCain, but McCain is the one with huge personal wealth. USA Today reports
Where the Obama's appear to have a net worth of about a million, John McCain is awash in money with net worth in the range of about 27+ million and a wife who is worth well over 100 million thanks to her inheritance of a beer distribution business that she now runs.
Unfortunately for the McCains personal wealth does not translate into political success. John Edwards and Hillary Clinton both had more than Obama but still lost elections and billionaire Ross Perot managed a distant third place in the general election despite his immense personal wealth, which many believe he would have used if his prospects were greater to win.
Friday, June 13, 2008
McCain's Daughter: Blogger
Kudos to John McCain's daughter who is blogging her experiences along the campaign trail and elsewhere. I was surprised that Mitt Romney's sons did not get more attention for their efforts blogging, but I think many bloggers think this are publicity stunts more than sincere expressions from key insiders in these campaigns. There is a bit of the former I am sure, but fakes are easy to spot and I haven't seen any indications that these candidate kids are not writing most if not all of their own stuff.
Obama is up, McCain is down
The early polls pitting John McCain against Barack Obama suggest that Obama is in the lead in electoral votes, and that clearly Obama is the man to beat as states line up for the voting in November.
Before the big campaigns start in earnest it is impossible to predict how things will shake out, though the basic early conditions clearly favor Obama, and strongly. His remarkable political machine has created a huge groundswell of support that appears likely to increase as the Clinton factions come over to Obama. McCain remains challenged in terms of funding and hard support from the traditional key Republican sectors who historically have not favored McCain's traditional maverick stances.
Before the big campaigns start in earnest it is impossible to predict how things will shake out, though the basic early conditions clearly favor Obama, and strongly. His remarkable political machine has created a huge groundswell of support that appears likely to increase as the Clinton factions come over to Obama. McCain remains challenged in terms of funding and hard support from the traditional key Republican sectors who historically have not favored McCain's traditional maverick stances.
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