John McCain Watch: McCain’s Fundraising DEVASTATING to Presidential Campaign

U.S. Sen. John McCain, R-Ariz., speaks during the Republican party of Iowa’s Abraham Lincoln Unity Dinner, Saturday, April 14, 2007, in Des Moines, Iowa.

Washington Post: McCain’s Campaign Cash Lags Behind GOP Challengers

Senator Spent $8 Million, Reports $1.8 Million in Debt

Sen. John McCain’s presidential campaign burned through more than $8 million during the first three months of 2007, leaving the onetime Republican front-runner with only $5.2 million in the bank, less than half the cash remaining for each of his chief rivals for the GOP nomination.
The Arizona senator’s campaign also listed $1.8 million in debts, including $207,000 on its American Express account, in a report filed yesterday to the Federal Election Commission.

By contrast, former New York mayor Rudolph W. Giuliani reported cash on hand of $10.8 million and debts of about $89,000. Former Massachusetts governor Mitt Romney had almost $12 million in cash and reported no debt.

What in the hell did McCain spend his money on?

Organization is one thing but there is NO efficiency here. McCain has burned through his early money recklessly.

And he hasn’t yet paid the tab for his “Straight Talk Express” bus trips.

Flap says put a fork in McCain – He’s Done.