What Obama’s $25 Million Means
Obama raised $25 million in less than two months, and Michael Fauntroy has some interesting thoughts on the matter:
More impressive than the total dollar amount is the total number of donors. His 100k donors means that the number of people who reached the legal limit (“maxed out”) is small; amazingly, 90 percent of his donors gave less than $100. The legal limit is $2,300 for the primary campaign, and another $2,300 for the general election, so he can go back to the overwhelming majority of his supporters throughout the campaign. That’s a good place to be in politics. . . .
Obama’s success is really an expression of public frustration with the political status quo. The current candidates on the Democratic side, many of whom are very well qualified to seek the presidency, all represent different versions of the status quo. Obama’s appearance on the political scene offers hope to millions of Americans who seek something new.
What does this mean for Hillary? As the saying goes, read it all.
