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June 23, 2008

Commentator Discusses Obama's Financing Strategy

Key quote: "As a presidential candidate, Barack Obama has proven he's 'better, stronger, faster' than any other Democrat in the race. He's the Six-Hundred Million Dollar Man.

Last week, he opted out of the national campaign finance regime and is banking on his fundraising track record to build a war chest unlike any this country has seen since Richard Nixon's in 1972.

As the late Sen. Everett McKinley Dirksen once said, 'A billion here, a billion there -- pretty soon you're talking real money.' But what can Obama and the Democrats do with all the money they expect to raise?"

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