Wednesday, May 21, 2008

"It's the economy, stupid. Oh, and how you spend a few hundred million dollars that people gave you."

Last night's Primaries were a disgrace. A penultimate dry hump. No one was satisfied. Yet everyone's looking forward to the next date, working on their lines and hoping for a real dam breaker. But since I'd prefer to end the metaphor above all, here's my most recent take on it all. It's over. It was over a month ago, but Obama's too much of a gentleman to tell Hillary to take a seat off the stage. What do we have coming up at the Rules Committee meeting for the Dems on May 31st when they'll decide what to do with Florida and Michigan? A televised mass suicide. I'm not saying this because I've been an Obama supporter since before he entered the race or as a Clinton fan from my early 20s. I'm saying this as someone who listens to the rules as they were set before the tip-off. Please, PLEASE - let's not forget the karmic damage done to this nation via Bush v. Gore in late '00. If the Clinton camp believes they can win the nomination via rhetorical and legal manuevering, they should be ashamed of themselves. If Hillary steals the nomination, I will not only leave the Party. I'll steal some coats and wallets on my way out.

But the real story today is the money. It's a tangle to decipher, given the difference between primary and general election funds and debt versus cash on hand. CBS News has the best breakdown today, after a few other outlets (the LA Times, most notably) blew the accounting. Bottom line - Hillary's mired in massive debt ($20M) while Obama's got money in the bank ($37M) for a few months of unimpeded spending before the General funds start flipping after the Convention. The biggest surprise is how much better McCain did last month ($22M on hand). Who's most electable? Screw that straw horse argument. Recent campaigns have proven that cash wins. Using that cynical metric, Hillary's screwed.

Hope your own bottom line has enough room for a jet-ski purchase today. Rock on.

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