It’s a busy time in the campaign.
The polls remain mostly unchanged from last time–Pollster shows Obama winning North Carolina and Indiana, while Clinton is leading in Pennsylvania.
Meanwhile, it’s been a good few days for Barack Obama.
Today he secured the endorsement of former Presidential candidate Bill Richardson–Richardson is America’s only Hispanic governor, and he boasts an impressive resume which includes Governor of New Mexico, Congressman, UN Ambassador, Clinton administration cabinet member, and many others. Richardson had this to say about Obama:
You are a once-in-a-lifetime leader…above all, you will be a president who brings this nation together.
[...]
“There is no doubt in my mind that Barack Obama has the judgment and courage we need in a commander in chief when our nation’s security is on the line. he showed this judgment by opposing the Iraq war from the start, and he has shown it during this campaign by standing up for a new era in American leadership internationally.”
This is a big blow to Sen. Clinton, whose husband appointed Richardson to a position in his cabinet. And in the wake of Richardson’s endorsement, there’s word that Obama is planning a string of high-profile endorsements before the PA primary:
Campaign sources indicate Obama hopes to roll out a series of such endorsements and announcements during the long run-up to the Pennsylvania primary April 22 to create a sense of momentum. There’s still former Sen. John Edwards out there and, of course, former senator, former vice president and former presidential candidate Al Gore, who’s not always had the closest relationship with his ex-boss’s wife.
While Obama has been trying to get past the Wright controversy, Clinton is becoming ensnared in it. She criticized Obama for associating with Rev. Wright, but will she have to eat her words soon?
The Obama campaign provided a photograph to the New York Times of Bill Clinton greeting the Rev. Jeremiah Wright in an attempt “to divert some attention to the Clintons after a week in which Mr. Obama’s relationship with Mr. Wright has left him facing one of the biggest challenges of his campaign.”
The encounter occurred “during one of the most difficult periods in the presidency of Bill Clinton” when he “addressed a group of clerics at an annual prayer breakfast in September 1998 just as the Starr report outlining his dalliance with Monica Lewinsky was about to be published.”
Meanwhile, the release of Clinton’s records as First Lady are receiving a ton of media scrutiny:
While Clinton’s advertisements have boasted that she is best prepared for a 3 a.m. crisis phone call, the schedules contain no evidence that Clinton was at the table during major national security decisions. They do not list her as attending National Security Council meetings or joining briefings in the Situation Room. She did not have a national security clearance. And the documents make clear that at moments of major crisis, Clinton was often busy with her own agenda.
Expect those records to not only raise questions about her claims of having extensive experience, but to dredge up plenty of old demons from Bill Clinton’s presidency.
Finally, Clinton has been having some fundraising issues:
Clinton’s campaign ended the month with $33.1 million cash on hand. But, that’s deceptive. Clinton has been aggressively raising money for the general election, too. As AP notes, $21.7 million is off limits to the primary campaign. That means her cash on hand is really $11.4 million. In addition, the Clinton campaign reports $8.7 million in debt (including $2.5 million to Mark Penn’s firm) bringing her number down to $2.7 million if she pays the debts. Subtract the $5 million loan she made to herself and we’re talking negative cash balance of -$2.3 million.
On the other hand, Obama had $38.8 million cash on hand at the end of February. Only $7 million is off limits in the primary leaving $31.8 million. The Obama camp had debts of $625,000 and no personal loans to the campaign, meaning he had over $31 million available.
[Emphasis Added]
Thankfully, John McBush’s fundraising has been pretty pathetic, too–$11 million in February, $4.3 million of debt, leaving the Republican nominee with just $5.7 million in the bank. February was when McBush blew his competitors out of the water and became the presumptive Republican nominee; all of those pocketbooks and wallets that were supposed to open to him right after he became the nominee have remained closed. Considering the huge advantage the Democratic candidates have had in terms of fundraising, McBush is in major trouble.
Of course, that could be why McBush is moving toward public financing:
Sen. John McCain “has taken a step towards accepting public financing in the general election — a move that would provide an $84 million infusion for his presidential campaign, but also limit its spending and potentially put him at a steep disadvantage to a better-funded Democratic opponent,” according to The Politico.
This month, “he filed papers with the Federal Election Commission creating a separate campaign account that would enable him to make the public money go further.”
McBush knows he can’t come close to raising the money that either Clinton or Obama will in the general election. And he knows he is already tied into the public financing system–his attempts to weasel out of it prompted a rebuke from the FEC chairman and an FEC complaint filed by the DNC. So his strategy is going to be to opt into public financing while browbeating the Democratic candidate for not doing the same.
McCain-Feingold was a groundbreaking piece of campaign finance reform law. Unfortunately, it didn’t go nearly far enough in revamping the public financing system, particularly in providing more funding for candidates who opt into the system.
In addition, campaign donations are a form of free speech–people express themselves through the candidates they choose to donate to. Setting such unreasonable limits prevents people from exercising their rights and keeps citizens from developing a stake in the political system. Don’t get me wrong, I’m in favor of publicly financing all campaigns, but the current system just doesn’t work and candidates shouldn’t be held to it.
It’s going to be a long slog to PA, so steel yourselves for more finger-pointing and dirt-throwing. Still, the primary is preparing both our candidates to go up against the Right-Wing Noise Machine; the more primary wrangling they endure, the better prepared they will be for all the GOP will throw at them come the fall.