Just a couple fast bits of news…
First, the polls say that Obama has opened up a small lead in Texas, and is very close to Clinton in Ohio. The two states figure to be Hillary's last stand, and conventional wisdom says she needs to win both to stay viable. Of course, the polls have been pretty shoddy so far this year, so it's still anyone's guess. Hillary is playing every last card she has – now she says it's an unequal playing field because she's a woman. Does anyone hear violins…? The sad thing is that she'll probably get a small boost from women voters just out of sympathy, like she did when she teared up a few weeks ago.
Between the two of them, they raised well over $80 million in the month of February. Um, I thought we were in a death-spiral recession…! Apparently, things aren't as bad out there as the MSM and these Dems have been saying, or else people wouldn't be coughing up so much money for presidential campaigns.
John McCain, on the other hand, is stuck between a rock and a hard place with a loan he took earlier in the campaign season. The short version:
Either McCain used the promise of public campaign funds as collateral for his loan, in which case he's locked himself into the public campaign finance system (and its strict spending limits) and is massively screwed until September. Or he didn't use potential public funds as collateral, which means he didn't have anything to offer as collateral, which means he received an improper loan.
We'll have to see how this plays out, but it could spell trouble for him either way.
There's your update!