posted on November 04, 2013 11:51
If Terry McAuliffe wins the Virginia governor’s race, Democrats might want to rethink this campaign finance thing.
Public Policy Polling’s final poll shows McAuliffe winning 50-43. But here are the numbers that caught my eye: McAuliffe leads in fundraising $34.4 million to $19.7 million.
The New York Times reported, “Armed with a much larger war chest, Mr. McAuliffe has battered his opponent, Attorney General Kenneth T. Cuccinelli II, with a barrage of negative ads and has put himself in a position that would have surprised many Democrats just a year ago: ahead in the polls just two days from the election.”
McAuliffe is as well-connected a Democrat as there is in the country. He’s best friends with Bill, Hillary and Barack. He’s a former DNC chairman. He’s raised and given money all over the country. So he has a lot of IOUs to cash.
Also, Virginia has a no-limits, no-holds barred campaign finance system. One donor gave McAuliffe’s campaign a half-million dollars.
Democrats fear the U.S. Supreme Court will strike down limits on how much donors can give a campaign. Maybe that wouldn’t be so bad, Democrats. Especially at a time when Tea Party candidates are scaring Chamber of Commerce/business donors.