Obama out-raised for third consecutive month.



<<<<  a real Bloomberg cover.  

Romney trounces Obama infundraising for 3rd month

In an email to supporters after the July numbers were announced, the Obama campaign said, "If we don't step it up, we're in trouble." . . . .

Editor:  do we believe anything this bunch say?  I really don’t know.  But we can believe the reported totals as to monthly fundraising and for the third consecutive month,  Romney has out raised Obama by more than 25%.  This past month (that would be “July”),  Romney took in $101 million to Obama’s $75 million. 
What is most interesting is the fact that Obama ‘s burn rate,  for the past several months,  has averaged more than 160 percent. 

I keep asking myself,  “What if Obama actually runs out money [essentially] before the end of the campaign?”  He is all for spending at the rate of 142 percent when it comes to the federal budget.  Why is his spending lust,  during the campaign,  a surprise to anyone. 

Keep in mind that Obama outspent McCain by 780 million to 530 million and that election by just 7% of the popular vote.  

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