Wednesday, April 17, 2013

Democratic candidate for Virginia governor, Terry McAuliffe has good first quarter earnings


In what is a good first quarter start for the Democratic Party hopeful for Virginia’s governorship, Terry McAuliffe, the former chair of the Democratic National Committee reported $5.1 million in fundraising over the first quarter. His rival, Virginia Attorney General Ken Cuccinelli, raised closed to $2.4 million.

For McAuliffe, the contrast in fundraising figures between himself and Virginia Attorney General Cuccinelli amounts to a victory on two fronts. First, McAuliffe’s $5.1 million in fundraising represents a 21% increase over the same time frame four years ago in his effort to beat out Democratic Party competitor, Creigh Deeds.

Secondly, whatever the reasons may be for McAuliffe’s lopsided fundraising figures, the perception of a lopsided fundraising victory over his rival is a big early victory for the McAuliffe campaign.

Cuccinelli’s campaign will no doubt respond to these figures by pointing out that Cuccinelli was prohibited by Virginia law from raising money during the Virginia General Assembly session. And we can all sympathize with someone who’s elected to represent the interests of the people of Virginia while running their own political campaign on the people’s time…

The money raising contest should be a tight one, however.  For all of McAuliffe’s fundraising wizardry, Cuccinelli has at least two individuals with a lot of money to burn and the willingness to throw a lot of it away on disastrously non-liberty loving candidates like Ken Cuccinelli. I’m referring to Charles and David Koch.

So fans and supporters of McAuliffe shouldn’t begin high-fiving one another as if the contest were already decided. There is still a ways to go.  

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