Monday, July 16, 2007

McCain campaign running out of money

From bad to worse.

WASHINGTON (CNN) – CNN has learned the already-dire situation for Sen. John McCain’s presidential campaign has actually gotten even worse, with two sources close to the candidate saying the campaign only has a paltry $250,000 left.

The sources tell CNN that next week the McCain campaign will reveal it has about $1.75 million in unpaid debts, wiping out the $2 million in cash-on-hand the campaign currently has in the bank.

It was not immediately clear whether the campaign debt must be repaid immediately or whether the debt can be paid back over time, including after the presidential campaign ends.


Frankly I shouldn't be feeling Schadenfreude as John McCain is a war hero and a very decent man. He has spent his entire life serving this country and that counts for a lot. That being said, he has repeatedly screwed the Republican party and I disagree with him on so many core issues that the demise of his presidential aspirations come as a welcome developement.

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