From a Joe Trippi email:
This is it— with 10 days left in the second quarter, we're about two-thirds of the way towards our goal of raising $9 million—double what we raised at this time in the 2004 race. And I know what you're thinking—my $25 doesn't matter for a hill of beans against all those four-figure checks rolling in to the campaigns.
This isn't wildly off the mark form
Marc Ambinder's Q2 fundraising predictions, which probably have been heavily massaged by the campaigns themselves. But still, this is well,
ehh...
When it comes to fundraising, there is no Big Three on the Democratic side, just a Big Two: Obama and Clinton. And Obama is currently projected to outraise Clinton. But while Obama and Clinton are projected to hold steady or gain ground from Q1 (and at give or take $25-30 million), we know that Edwards will lose ground.
Now, Edwards has been running a frugal campaign and his COH will probably rival that of the relatively free-spending Republican frontrunners, but I'm very close to reverting to my old position on Edwards: he's DOA.
Like David Axelrod says, good on paper, but he can't close the deal.