Bush is still ahead of Kerry in the hard money total, but that is deceptive, for the gap is more than compensated by money spent on behalf of Kerry by organized labor and 527s:
Name George W. Bush John Kerry 2002 $3,151,898.00 (Includes $2,650,000 transferred from Senate committee) 2003 First quarter: None
Second quarter: $35,148,846.97 (Includes $671,000 transferred from 2000 campaign accounts)
Third quarter: $50,062,511.83
Fourth quarter: $47,524,372.57
First quarter: $7,010,242.97
Second quarter: $5,866,126.95
Third quarter: $4,015,365.36
Fourth quarter: $5,239,862.60 (includes $2,887,965.80 in loans to himself)
2004 January: $12,886,579.55
January: $7,662,800.74 (includes $3.5 million in loans to himself)
Total $214,770,597.34 $148,512,474.09
Source: CNN, "The Money: George W. Bush" and "The Money: John Kerry"
Over the past four months, Sen. John F. Kerry (D-Mass.) has raised more money than the Bush campaign and substantially eroded the president's once-huge cash advantage.Here's an amusing and yet telling anecdote (via Shane Mage):
Now, President Bush and his GOP allies have suffered another serious setback: Independent pro-Republican groups that recently vowed to challenge pro-Democratic organizations for supremacy in spending unregulated or "soft" money on campaign ads and voter mobilization are getting their clocks cleaned by their rivals.
One of the most heavily publicized pro-GOP groups, Progress for America, raised $2.3 million in the second quarter of this year, most of it from three of Bush's major fundraisers, according to new filings with the Internal Revenue Service. Another, the Leadership Forum, backed by some of Washington's most prominent Republican lobbyists and the GOP congressional leadership, raised $15,719.
The two top pro-Democratic groups, the Media Fund and America Coming Together, raised nearly nine times as much in the past quarter, or a combined $20 million, according to IRS filings. (Thomas B. Edsall, "Pro-GOP Groups Outpaced In Funds: Pro-Democratic '527s' Far Ahead," Washington Post, July 16, 2004, p. A9)
Word of the latest fiasco comes from a friend who went to Andover with him and recently attended their 40th reunion. George wasn't there, but 40 of his classmates were, nearly all upper-income bracketed—natural Bush voters, in other words. My friend says that a straw poll was taken to see how many would be voting for their fellow alum in November.Taking the ruling class's decision into account, how shall leftists respond? Do all we can so that the two dominant parties' pro-war and anti-working-class presidential candidates will receive the lowest possible overall shares of the popular vote, unable to claim a huge mandate to continue the wars at home and abroad. The weaker the Next President of the United States, the better chance we'll have fighting against him.
Wanna know how many Dubya got?
Six. (emphasis added, Robert Sam Anson, "A Kerry Christmas!: Candidate’s Big Week Stokes Up Confidence," New York Observer, July 19, 2004, p. 1)