Sunday, July 15, 2007

Money Troubles

The McCain campaign has borne the brunt of the press maelstrom this week, as disappointing 2nd quarter numbers were followed by a mass-exodus of senior staff. Unlike the John Kerry staff shake-up in 2003 (ahead of the early 2004 primaries), the McCain changes have the ring of a rats-off-a-sinking-ship, rather than Kerry's calculated -- albeit callous (he was heard eating his dinner while informing the remaining staff of the decision) -- dismissal of Jim Jordan.

McCain is not the only GOP candidate with money trouble however. Romney's financial reports, released Friday, showed that he spent virtually every dollar he took in during the 2nd quarter, but that includes a $6.5M loan the candidate wrote to the campaign. Without that loan (and the resources to make it), Romney's senior campaign staff might also be in hot water.

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