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...instantly turned into a fundraising appeal. Having raised $14 million in the first quarter, Edwards has set a $9 million goal for the second-a sign, under the widely accepted rules of the expectations game, that his take will be at least that high. Edwards campaign officials say that total, while lagging Clinton and Obama, will keep the candidate on track to raising $40 million by the Iowa caucuses. They believe that will be enough to wage a campaign focused almost exclusively on the four early states of Iowa, New Hampshire, South Carolina, and Nevada...
...Illinois Senator Barack Obama has already dropped a big piece of news. His total number of donors, which was an impressive 104,000 for the first quarter, has exploded in the past three months to nearly 250,000. Many of the individual contributions are miniscule by the standards of big-time presidential politics. Obama has been appearing at campaign events where the cost of admission is as little as $25, and his campaign sponsored a contest that gave contributors of as little as $5 a chance to compete for dinner with the candidate. And, borrowing a move from the social...
...What this means for the total size of Obama's haul this quarter is still unclear. The campaign is saying it expects to raise in the neighborhood of the $25.7 million it brought in for the first quarter, a figure that is almost certainly low-balled. But Obama aides are also insisting that the $40 million number that some of his competitors are throwing around is absurd. "The only people talking about our numbers are people who don't know," insists Obama spokesman Bill Burton...
...Hillary Clinton's campaign, meanwhile, says it too expects to raise an amount in the vicinity of its $25.8-million first-quarter contribution total-another figure that is probably an underestimate, especially given the strength of Clinton's unparalleled fundraising with the party's traditional big donors. She is also making unusually large inroads for a Democrat into Wall Street and corporate America...
...rest of the Democratic field: New Mexico Governor Bill Richardson, who has begun moving up in the early-state polls, is hoping for a respectable total that would give him some much-needed momentum. Matching the $6 million that he raised in the first quarter would probably do that. Richardson has also been relatively frugal, which means he may end the quarter with nearly as much cash on hand as Edwards. Finally, if Senators Joe Biden and Chris Dodd do poorly, it may be a sign that one or both of them should begin thinking seriously about getting...