Forget the Small-Donor Myth: Big Money Still Rules

Party boasts strong voter registration, turnout in Mountain states

(NEWSER) - The Mountain West has historically gone for the GOP, but thanks to aggressive grass-roots organizing, Democrats believe they have a shot at turning red states blue, Politico reports. More field offices, opened much earlier than the GOP's, have boosted registration in Colorado, New Mexico, and Nevada. “This presidential cycle is different,” says the head of New Mexico’s Democratic Party. “The ground game is completely different.” More»

Candidates' financial strategies illustrate different approaches

(NEWSER) - Barack Obama brought in more donations on the last day of June than John McCain did in the entire month, Politico reports. The unprecedented $25 million day accounted for nearly half of Obama’s $54 million total. It was one of five days on which the campaign brought in more than $1 million; John McCain had no million-dollar days en route to raising $22 million in June. More»

He's already shown he knows how to spend

(NEWSER) - Republicans not used to worrying about money are sweating pennies, given John McCain's relatively inept fundraising in the face of an unprecedented Democratic war chest. Barack Obama, by conservative estimates, will have $300 million to McCain’s federal cap of $85 million for the general-election campaign, Politico reports—and with that kind of money, Obama could force McCain to play defense in traditionally red states. More»

Last state to be called leaves tally at Obama 365, McCain 173

(NEWSER) - Missouri, the last state up for grabs, looks to have gone Republican by less than a 1% margin, leaving John McCain with 173 electoral votes to Barack Obama’s 365, the Kansas City Star reports. There are still 3,000 uncounted provisional ballots, but McCain’s margin is large enough to declare him the winner of the state’s 11 electoral votes. More»

(NEWSER) - President-elect Barack Obama addressed the country and the world for the first time tonight, vowing to unite a nation beset by trouble at home and abroad, the Chicago Tribune reports. "Change has come to America," Obama told a crowd of tens of thousands at Chicago's Grant Park and millions more watching around the world. "Our stories are singular, but our destinies are shared." More»