Friday, July 18, 2008

Cost of Running for President: $400 Million

Can it be all so simple.

It seems that change will cost alot of change in 2008.

The Associated Press reported Senator Barack Obama raised $52 million during the month of June for his presidential campaign.

Although the sum is close to his record of $55 million in one month, analysts say that the money is only a fraction of what they think he'll need to run a successful campaign.

Barack Obama and the Democratic party have a combined goal of $480 million in campaign funds. John McCain and the Republican party is expected to have around $400million in funds.

The two campaigns combined will have a campaign budget the size of a decent sized city government...and it's a safe bet that money won't be spent on sticky tape and glitter.

Meanwhile in the city of Milwaukee, the African-American community just found out that the premier festival celebrating their culture is being cancelled because organizers couldn't raise the funds to hold it.

The more things change, the more they stay the same.

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