2008 presidential fundraisers fight for dollars

Source: Reuters

By Jeremy Pelofsky
Sun Mar 25, 8:20 AM ET



The U.S. presidential candidates have friends in corporate America fanning out across the country raising millions of dollars for their 2008 bids, ranging from Washington lobbyists to Wall Street financiers.

Republican contender Sen. John McCain (news, bio, voting record) has set up an extensive fund-raising operation that includes friends and former employees who now are lobbyists at major companies like AT&T Inc. and Walt Disney Co.

Democratic Sen. Hillary Rodham Clinton has lined up Wall Street investment bankers like the former vice chairman of banking giant UBS to help her raise the estimated $100 million that it could take to win her party's nomination for the presidential race.

"The vast majority of the candidates are longtime officeholders so they already have standing relationships with many of the donors," said Larry Sabato, a politics professor at the University of Virginia


Read more: http://news.yahoo.com/s/nm/20070325/pl_nm/usa_politics_fundraising_dc

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Why Hilary has a foot up on the other candidates and why the republicans have one over most of the democrats. Dang, this is just not right. Read article to see where the top five (?) candidates are getting the majority of their money. Looks like I may have to cinch in my belt and give a little more to Barack.

Yeah give me money, yeah, yeah, yeah (that's what I want)
Lots of money, yeah, yeah, yeah (oh yeah, that's what I
want)
Rolling Stones

Somebody is always going to come out ahead. It is sad our elections are run like they are. We need federal financing, period.

so low that most candidates can raise much more money on their own.