Was it his charisma? His rhetorical gifts? His policy ideas? There’s a more cynical and perhaps realistic explanation for Barack Obama’s historic electoral victory over John McCain: When all was said and done, the Democrat had about $400 million more to spend than his rival.


ABC News / Political Punch:

From October 16 until November 24 (the Federal Election Commission filing period) the Obama campaign reports raising $104,124,845 from 1,124,238 contributors, in an FEC report filed this evening.

That means President-elect Obama’s campaign raised roughly $745 million for his 2008 presidential campaign.

Read more

Strong Journalism, Rooted in Truth

Truthdig remains committed to deep reporting that challenges power and brings hidden stories to the surface.

Support independent journalism.

SUPPORT TRUTHDIG