LA TIMES: Barack Obama surges past John McCain in fundraising race

"The Democrat had more than $77 million in the bank on Aug. 31, records show, and is on pace to raise at least $100 million more by election day.
By Mark Z. Barabak and Dan Morain, Los Angeles Times Staff Writers
October 13, 2008
Barack Obama's recent surge in the presidential race has been credited to a rise in voters' concerns about their money. It helps that Obama himself has a lot of money.

Spurning federal funds -- and the spending restrictions that go with them -- the Democratic nominee has racked up an enormous cash advantage that he is using to dominate the television airwaves.

The week before last, Obama outspent Republican nominee John McCain in all of the most competitive states, save for Iowa and Minnesota, where he has a comfortable lead in recent polls.

More significantly, Obama has used his financial edge to turn once-reliable GOP states into hard-fought battlegrounds. In that same week, according to an independent study, Obama outspent McCain by more than 8 to 1 in North Carolina and 3 to 1 in Indiana. No Democrat has won either state in more than three decades."

More at:
http://www.latimes.com/news/politics/la-na-money13-2008oct13,0,547298.story

HE is on an amazing ride ....... WHOO HOOOO !

We would not be in this position if it weren't for that wonderful world wide web! :bounce:

He had $77 million in the bank at the end of August. The article mentions that he is "on pace" to raise "at least" $100 million more.

We don't have the Sept. numbers yet, but one can assume that it will exceed the $66 million in August. In fact, it could be over $70 million. And it's also reasonable to assume he will raise at least that much in Oct., if not more.

So the long and the short of it is, Obama is on pace to raise up to $70 million MORE than the article said.

"From Sept. 28 through Oct. 4, Obama outspent McCain by more than 3 to 1 on TV ads in Florida and Virginia, 2 to 1 in New Hampshire and Missouri and 3 to 2 in Nevada, according to data compiled by the Wisconsin Advertising Project, which independently monitors spending on campaign commercials."