TX-10 Fourth Quarter Fund Raising

Dan Grant cash on hand (0.00 / 0)

After a strong start last spring, it looks like Dan Grant's campaign has run out of gas.

http://query.nictusa.com/cgi-b...

What's even more disturbing is Dan Grant's cash on hand situation. Larry Joe Doherty has over a quarter million cash on hand. Dan has $37,000, and it looks like a third of that can't be spent in the primary.

Why did Dan raise only 32 thousand but spend over 65 thousand?  

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by: Blue08 @ Sun Feb 03, 2008 at 16:16:18 PM UTC

not good for Grant (3.00 / 1)

REALLY poor showing. this doesn't show a lot of promise for November. we can't bet on the DCCC swooping in to save a nominee.

The fourth quarter is always tough, but 30k? if you can't do better than $300 per day (with a real opponent, this close to the election), you're typically in BIG trouble.

The real disappointment is in the details:

only raised $141k for the primary election...$9,200 is General money he CAN'T spend in the primary and will have to return if he loses.

only retains $37k COH.

burnrate is way out of whack--
1) $5k a month for "fundraising" means he spent HALF of what he raised...just to raise it
2) piddling little expenses...but no big tickets that would count as "paid communications"

Doherty is a nearly 3-to-1 advantage in funds raised (all Primary dollars).

Doherty has a near 9-to-1 COH advantage.

If their work in the field is comparable to their work in the finance dept...this race may not be nearly as close as a lot of us thought it would be.

Please refer to KT's signature.

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by: colin @ Sun Feb 03, 2008 at 17:21:38 PM UTC

That's a 200% burn rate! (0.00 / 0)

Fundraising "momentum" is supposed to INCREASE the closer you get to an election. Instead, Dan Grant's collapsed. And his out of control spending just pours gasoline on the wreckage.  

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by: Blue08 @ Sun Feb 03, 2008 at 17:33:18 PM UTC

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