Obama’s Accelerating Steamroller

1... billion.  from christophe dunes flickr photostream

1... billion. from christophe dune's flickr photostream

Obama’s 150 million dollar fundraising month not only puts him way ahead in the presidential race (Bloomberg News says he has *500* million dollars on hand), but makes him the dominant force in Democratic politics for years to come.  His devastating fundraising skills are snowballing: with every dollar he raises, he becomes even more powerful, encouraging more donations on the part of high-rollers (who make up a good part of this latest fundraising crush) to gain his ear under the assumption he will soon be President.  It makes their money worth that much more, because it’s going to a winner.

We’re looking at a situation where the Democratic Party becomes the Party of Obama, and he is able to swing elections with sheer fundraising might.  Even if he somehow loses this election, he’ll have enough money on hand to be the far-and-away frontrunner for the next two or three election cycles.


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