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Thompson's race against time (for money)

Fred Thompson has kept the political world waiting for nearly six months, but now promises to formally enter the Presidential nomination contest next Thursday. He will need to hit the ground running hard, especially in the money race, to establish credibility, as Mike Allen points out at The Politico:


Thompson had raised only a moderate amount of money - below his advisers' expectations - when he finally filed his first financial statement with the Internal Revenue Service at the end of July.

The excuse was that donors were staying on the sidelines till he made it official.

Now Thompson needs the cash spigot to begin gushing as soon as he appears Thursday at Des Moines' Polk County Convention Center. He needs to swiftly validate the premise of his campaign, which is that there's pent-up demand among Republican donors and activists for some alternative to Mitt Romney and Rudy Giuliani.

So Thompson's deadline is not Election Day 2008, or even the January nominating contests.

The make-or-break date for his campaign is Sept. 30 - the Federal Election Commission cut-off for the next financial report. That document, which must be filed by Oct. 15, will determine Thompson's fate. If he looks weak, he is unlikely to get the money, endorsements and grass-roots support that he'll need to pull off his Houdini act, insiders say.


Read the entire article at the link above. Thompson has boiled it all down to a three-week gamble: either he raises enough to appear competitive or he doesn't. If he does, he has a chance to regenerate some of the momentum he squandered by not entering the race earlier, when the "buzz" was at a crescendo - and it will probably drive the final nail in the coffin of Senator McCain's campaign. If he doesn't raise enough to make the political world take notice, he will swiftly lose his edge in free media (which is always looking for something new, mysterious, and exciting, like a strong dark horse in the race, but will quickly turn from just another second-tier candidate) and probably fizzle out before the Iowa caucus is finally set upon a date certain.

Incidentally, if he does sputter and his campaign fails, it could breathe some new life into McCain's effort, and also Romney's, as those on the sidelines waiting for Fred's dramatic entrance face reality and get back in the game.

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Comments (14)

The timing of the sixth is ... (Below threshold)
kim:

The timing of the sixth is so he doesn't have to report this quarter. We'll know in January.
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I've seen that elsewhere, t... (Below threshold)

I've seen that elsewhere, too, but it isn't true. All monies raised by September 30 must be reported by the FEC deadline of October 15, so Thompson has until then to earn a "Wow!" or a "Ho-hum" from the galleries.

The closer one delves into ... (Below threshold)
bryanD:

The closer one delves into Who's Fred, which his Hamlet act encourages if only because the news cycle is slow, the more his confirmed positions seem to be in alignment with the liberal ones of Romney and the Ghoul.
Considering his socialist hawk backers (those pesky neocons), I knew he had been flipped at least by the time of the Libby imbroglio, and before that his post-Senate lobbying required a mercenary outlook. So I knew he was weak in the Reagan Dept. No suprise.
Now I read (in the NY Sun) that Fred voted for No Child Left Behind! (I did not know that!)
And that he presented the brief before the Supreme Court on BEHALF OF the McCain-Feingold Bill!
WTF! That's wolfbane to the GOP regulars.
As I suspected, we have an Orwellian redefinition of "conservative" goin' on 'roun' h'yeh. Obviously misperceptions are allowed to persist. Slipping a vegi-burger in and hoping the conservatives won't notice. Add plenty of B-B-Q sauce, just in case!
Explains why Fred's website requires registration just to VIEW comments.
AND why he's ducking every debate he possibly can.
I know he's REPORTEDLY set to enter, but he can't be serious. He's a less vigorous policy clone of Mitt and the Ghoul and Huckabee stole his white lightnin' and is drinking it now.

That should be the NY Obser... (Below threshold)
bryanD:

That should be the NY Observer. The Sun is a neocon commie rag.

I love it. Only bD could m... (Below threshold)
kim:

I love it. Only bD could make coherent sense with the use of the phrase 'neocon commie', but look, he did.

How much of the obviously present malice in McCain-Feingold was aforethought?

Huckabee may have the new stumphole; Paul has the old virtual.
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Where did you see it? I ca... (Below threshold)
kim:

Where did you see it? I can't remember where I saw it, or the proposed mechanism, but it was portrayed as legitimate, this purported mechanism of delaying the reporting. I'm sure it is useful politically, but, I, for one, would like to know where his money is coming from. Hillary's too.
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By the way, how about a Hsu... (Below threshold)
kim:

By the way, how about a Hsunami post. This net is huge, maybe I should write 'hsuge'. He gave money to LOTS of Democrats, and the running and hiding is extravagant, widespread, and laborious, as we speak.
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What you don't get, bD, is ... (Below threshold)
kim:

What you don't get, bD, is that Fred will be useful as a loose cannon, unless that thing gets tied down and directed, in which case, Katie Bar the Door. It could get fun. You've got to admit, he's way more entertaining than Edwards.

Your grandchildren will read about Libby in the same paragraph as Star Chambers. His was a monumental injustice, and Fred does have the skinny on that little attempt to derail the Constitution.
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By the way, what is Ron Pau... (Below threshold)
kim:

By the way, what is Ron Paul's position about Val Plame, Scooter Libby, Patrick Fitzgerald, and James Comey. I'm very curious to know.

Is my litmus paper showing?
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And since you're an erstwhi... (Below threshold)
kim:

And since you're an erstwhile union member, I'm not surprised you don't feel the need to hold teachers accountable for their performance to their students, to the parents, to the taxpayers, or to their administrators even. Oh, yes, they're accountable to the union, but only as members, not as teachers.

What is wrong with this picture?
========================

"Your grandchildren will re... (Below threshold)
bryanD:

"Your grandchildren will read about Libby in the same paragraph as Star Chambers.=kim="

Yes. as a member. OSP privy council.

Plame will play the part of John Lilburne.

The American electorate will make a Rump Pariament.

The neocons I nominate for Charles I.

"...By the way, what is Ron Paul's position about Val Plame, Scooter Libby..=kim"

http://www.lewrockwell.com/paul/paul285.html

"...I'm not surprised you don't feel the need to hold teachers accountable for their performance to their students...=kim="

???

http://www.amazon.com/NEA-Trojan-Horse-American-Education/dp/0941995070

Thanks for the links; they ... (Below threshold)
kim:

Thanks for the links; they are helpful. Paul is sadly incurious about the Plame Affair, but does ask a good question; what is the origin of the forgeries. I'd say it may matter as much as it does with the Mapes/Rather ones; it's obvious they're fake. It's the uses put to them. Who sat on the forgeries from October, 2002, when a clerk noted 'funky seals' on them, and March, 2003 when they were belatedly exposed by the IAEA? Who has made most effective use of them since?

I don't expect to convince you or Ron Paul, but historians will convince your descendants, spiritual and/or actual.

Charter Schools. Public, non-vouchered, schools, with accountability for teachers, students and parents, by contract.
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"...what is the origin of t... (Below threshold)
bryanD:

"...what is the origin of the forgeries...=kim"

Ledeen, Chalabi, and Berlosconi's SISMI.

http://news.stcom.net/modules.php?name=AvantGo&file=print&sid=1603

http://www.antiwar.com/justin/?articleid=7681

"Charter Schools. Public, non-vouchered, schools, with accountability for teachers, students and parents, by contract.=kim"

Hooboy..."non-vouchered" is a supposed to be a selling point? (Tell me MORE about Bush Republicanism, heh heh!)

And "by contract"?

The "make right" priviso works on inanimate objects. Kids' school lives are too short to be wasting large fractions of it among incompetent teachers' college monkeys who must apply to the state for grammar school jobs.

The "teachers' edition" of textbooks is the proof of what I say. Why would teachers need a book of answers to student-level problems? And no, they don't grade from the book. There's a seperate sheet for that (lest the teacher get mixed up and grade Chapter 4 from Chapter 5's answer page. They got it all covered, in their own inferior, make-work way).


Now you are pitifully incur... (Below threshold)
kim:

Now you are pitifully incurious. So how did Ledeen, Chalabi, and Berlusconi use the forgeries? How did Plame's unit use them?

I was banned from Marcy's blog for pointing out the elephant in the room, from eRisposte's own research, that the French had discovered in 1999 an extensive black market in Africa in yellow cake from artisanal mining of uranium mines shuttered by the dropping commodity price of uranium. The forgeries were a poor and obvious copy of a deal which probably never appeared on paper.

For a so-called libertarian, you are awfully happy to absorb and promulgate the looniest left-wing fantasies. It would behoove you to study up on Africa and yellow cake. I find your political interpretations to be fascinating, and commonly spot on, but not when you are obviously regurgitating talking points, like you are in the Plame case.

What about the 'funky seals', and why Plame's unit apparently couldn't figure out that they were forgeries. And how about, my friend, the three different stories Val Plame has told, one under oath, of how it came to be that her husband went to Africa for the CIA. Do you know he went four times for them, not just once? What was he doing over there?
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