Schwarzenegger Pumps Up Campaign
Despite a consistent lead in the polls and a war chest twice the size of his opponent’s, California Gov. Arnold Schwarzenegger just gave his campaign $3.5 million of his own money, leaving some strategists scratching their heads.
San Francisco Chronicle:
Wait, before you go…With a personal fortune estimated at more than $100 million, Schwarzenegger has invested millions of dollars in each of his campaigns.
But this race has been going all his way, especially fundraising. Since July, Schwarzenegger has attracted more than double the amount given to his Democratic challenger, state Treasurer Phil Angelides.
But political observers noted Friday that with just over two weeks left before the election there’s still time for the unexpected to happen.
“He’s looking good in the polls and he’s raising the money he needs, and unless there is some error in one of those assumptions — this is a form of insurance,” said Darry Sragow, an attorney and Democratic strategist not connected to the Angelides campaign. “The money is there if needed.”
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
There are currently no responses to this article.
Be the first to respond.