The Note's Sneak Peek


Now that second-quarter figures are available for all six of the Big Six '08ers, the big money story is that the Democrats have -- at least for now -- eliminated the GOP's historic edge in raising coin, reflecting a growing hunger on the part of the out party to take back the White House. LINK

A few computations tell the story:

Second Quarter comparison (in millions):

Big 3 Republicans vs. Big 3 Democrats: $48.7 vs. $68.5

Editor's Picks

Aggregate First Quarter + Second Quarter:

Big 3 Republicans vs. Big 3 Democrats: $101.7 vs. $144.3

Candidate-by-candidate: Romney $23.4 + $20.5=$43.9

Giuliani $16.6 + $17= $33.6

McCain $13 + $11.2 = $24.2


Clinton $36 + $27 = $63

Obama $25.8 + $32.5 = $58.3

Edwards $14+ $9 = $23


Beyond the party disparity in fundraising, the second quarter has also produced some memorable money-related one-liners.

With Bill Richardson breathing down the neck of John Edwards, with Barack Obama besting Hillary Clinton in primary cash for the second quarter in a row, and with Mitt Romney having to once again tap his considerable wealth, here are our picks (in reverse order):

"Tiers schmeers." --Jonathan Prince (John Edwards for President) LINK

"It would mean nothing to my campaign. Nothing at all." – Hillary Clinton (Video: LINK

"Because I have to, all right." – Mitt Romney LINK

4th of July politics:

In Iowa, Hillary and Bill Clinton march the Clear Lake parade where they just might bump into Mitt Romney who will also be on hand for at the 11:00 am ET event. The Clintons then head to Waterloo for "Ready for Change" events at 3:00 pm ET and 7:30 pm ET. On top of the Clear Lake parade, Romney makes his way to 4th of July parades in Ames (12:30 pm ET) and Waukee (2:00 pm ET).

Joined by his wife and daughters, Barack Obama campaigns in the Iowa towns of Pella, Beaverdale, and Oskaloosa.

Chris Dodd marches the Norwalk 4th of July Parade then heads to Pleasantville,Wellman, and Coralville before hitting the Cedar Rapids freedom festival at 7:30 pm ET. It's all part of his "river to river" tour.

Joe Biden addresses veterans in Marshalltown at 1:00 pm ET and has a 3:00 pm ET cookout in Des Moines.

Sam Brownback, whose Iowa campaign is becoming increasingly aggressive towards Romney, attends parades in Urbandale at 11:00 am ET, Ames at 12:30 pm ET, and Pella at 3:30 pm ET.

In New Hampshire, Bill Richardson walks the Amherst parade at 9:45 pm ET, has a house party in Bow at 3:00 pm ET, makes an appearance in Goffstown at 4:30 pm ET, and then catches the fireworks in Nashua at 8:00 pm ET.

Duncan Hunter walks the parade in Merrimack, N.H.

John McCain spends his Independence Day in Iraq while John Edwards stays at home in Chapel Hill, N.C.

As for President Bush, he makes 9:30 am ET remarks to the West Virginia Air National Guard in Martinsburg, W.Va.

Thursday politics:

Two unions hold '08er forums:

The National Education Association hears from Obama at 11:00 am ET, Mike Huckabee at 2:00 pm ET, and Joe Biden at 4:00 pm ET. (This is the final leg of a forum which began Monday and Tuesday).

The Steelworkers convention in Cleveland, Ohio, hears from Biden at 11:00 am ET, Edwards at 1:00 pm ET, and Dennis Kucinich at 2:15 pm ET.

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