The Politico reports that Fred Thompson raised $3 million in June. Some Republicans are fearing that this is so underwhelming of a number that it will lead to a failed campaign. Democrats are crowing that "Fred is Dead".
However, let's evaluate a few things here...
1) Thompson has not announced. Many big GOP donors has stated that they're waiting for an actual announcement to make their donations. The fundraising being done by Thompson's "testing-the-waters" committee is very limited.
2) Many of those who would support a candidate like Thompson have already donated to other candidates (many of them in the second tier), and it'll be a while before those donors open up their wallets again.
3) At this pace of $3 million/month, Thompson would raise as much in 3 months as John Edwards...and Thompson hasn't even announced yet. What does that say about Edwards?
So, let's be realistic before we get all into panic mode, people.
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