How's Kerry Doing on Fundraising?

[Arugula Latte]

With his string of successes, the money should be pouring in, but is it?

[LuminousX]

1. The last I heard, he had raised 4.5 million since Iowa

Dean raised $4 million since Iowa. No one else is even close to those numbers.

[redqueen]

4. That's Dean

but what about Kerry?

[LuminousX]

6. Uh... Kerry=4.5 million, Dean=4 million

[redqueen]

10. Ohhh, now I see it.

D'oh!

[ShaneGR]

2. As far as I know he's raised about 5 million since Iowa

Not a bad 3 weeks.

[Westegg]

3. 57 words: "Heinz"

[sandnsea]

5. He's broke

Nobody's giving anything to him. He's running up debts that the Democratic Party are going to have to pay off for the next twenty years. He has no supporters. It's all a media ploy. Thought everybody knew that.

[Julien Sorel]

7. It doesn't matter.

He gets all the free advertizing in the world from the news media, and it's far more valuable than paid advertizing. By the time any real money problems have a chance to set in, this thing will be officially over.

[LuminousX]

8. A link

http://www.chicagotribune.com/news/nationworld/chi-0402060273feb06,1,5726854.story?coll=chi-newsnationworld-hed

[Nicholas_J]

9. He has raised

1,818,688 since New Hampshire

[sandnsea]

11. Online

Be sure and put in every little detail or who knows what the hell will be said next.

[hedda_foil]

12. Nicholas, is that total fundraising since NH?

[Nicholas_J]

13. No only online

I think the total is 2.7 million since New Hampshire.

[robbedvoter]

14. Richard Mellon Scaiffe lent him 6+ million - has to pay it back!

 
http://www.usatoday.com/news/politicselections/nation/primariescaucus/2004-02-08-kerry-loan_x.htm

$6.4M loan that saved Kerry may also drain him
By Jim Drinkard, USA TODAY
WASHINGTON — Once written off as a Democratic presidential contender, John Kerry survived to become the front-runner thanks to a $6.4 million Christmas Eve loan he made to his campaign.
John Kerry's home in the Beacon Hill area of Boston.
By John Mottern, Getty Images

The loan allowed Kerry's campaign, which was struggling to raise money, to put ads on the air and pay staff until victories in Iowa and New Hampshire produced new funds. But now the loan, which he got using his home in Boston's exclusive Beacon Hill neighborhood as collateral, places a financial burden on the Massachusetts senator, with no easy way to pay it off:

•Kerry's financial disclosures show no assets sufficient to pay the loan or even to keep up with the interest payments. Aides say he has assets that aren't listed on the forms but decline to reveal them.

•His wife, heiress Teresa Heinz Kerry, has a fortune estimated at more than $500 million. But the law forbids her from paying off a campaign loan for her husband.

•If he wins the nomination, Kerry could pay himself back from campaign contributions made before the Democratic convention in late July. But doing so would siphon off money at a time when he would be running against President Bush, who will have a projected $200 million to spend.

"There are a limited number of ways he can pay off that loan, and it's a fair question to ask what he intends to do," says Larry Noble, director of the non-partisan Center for Responsive Politics, which studies money in politics.

Kerry borrowed the money Dec. 24 from the Mellon Trust of New England.(Richard is on the board) It is payable over 30 years, with interest-only payments for the first 10 years, at a variable interest rate beginning at 3.125%.
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So you guys donating there, it's going into old Richard's pockets anyway!