I Posted This

over at TPM:

Trippi isn't going to come right out and say Obama is almost broke as well as Hillary, for Hillary is much stronger against Edwards than Obama. She needs to be knocked off first.

But how can one infer otherwise? Edwards is engaging in a war of attrition, just as he did in 2004, and he almost succeeded but for John Kerry's wife's fortune. This time Edwards, who knows how to manage money, is in the catbird seat.

The moral of the story, which should be spread far and wide to pinheads like Kos, is that unless you have a vast fortune to tap into, like John Kerry had in 2004, candidates NEED public financing for their campaigns.

Neither Obama or Clinton are rich enough to tap into personal fortunes, unlike Kerry, who was challenged by Howard Dean, the darling of the young, who jettisoned public financing as well. Look where THAT got him.

The funny thing of all of this is, the irony even, is John McCain and Mike Huckabee, both of whom are taking public financing, are likely to be the GOP's standardbearers this fall. Edwards and Biden will likely be their opponents.

At least I am banking on who the Dem standardbearers will be.