Thompson low on cash. Is he already in trouble?
According to MSNBC, Fred Thompson will report only $3 million on hand. We don’t know how true this is, but if it is true, Fred Thompson’s campaign is over before it started. With all the buzz about Thompson right now, he should be raising tens of millions.
Sources close to the presumptive campaign tell NBC News that Fred Thompson’s fundraising is down “markedly.” One claimed it has “slowed down big-time.” The pace is described as a consequence of the delayed announcement to enter the race.”The Friends of Fred, Inc.” will report to the IRS its revenue by July 31st. Sources reveal to NBC News that number will be in the range of about $3 million. Five million dollars had been the talked-about June goal. Sources describe an early burst of donations in June and say the summer fundraising has fallen off. While additional fundraisers are planned, sources say the scheduling of fundraisers was “frozen” for a time while the team was going through some internal strains.
Perhaps these low dollar figures is why Thompson is already losing staff. Yesterday he lost his campaign manager. Today he lost another senior staffer. Click here for article.