Did Kerry believe he would lose?
One has to wonder if Kerry thought he would lose after reports have revealed that he has millions of dollars left over from the 2004 election campaign.
That is money that could have gone into advertising in Ohio, for example, that may have tipped that state and the election to Kerry.
Democrats are predictably upset that Kerry has between $15 and $20 million left, stating that such a huge amount of money could have been spent on other Democrat races even if Kerry felt he didn't need to spend any more on the Presidential race.
Three former Kerry campaign aides, also demanding anonymity out of concerns about alienating their former boss, said they were surprised and disappointed to learn that he left so much money in the bank.
Kerry had roughly $45 million left in his primary campaign fund as of mid-October, according to his Federal Election Commission report, and could use that as seed money for another presidential bid.
His final report is not due until next month, but officials close to Kerry said he has $15 million to $17 million in that account, with no outstanding debts, after giving the DNC about $23 million and state parties about $9 million since the mid-October report.
In addition, the report showed that Kerry had about $7 million on hand in a legal and accounting compliance fund that he could use for legal expenses in a 2008 campaign. Officials said he raised several million more for that account since the filing.
The only logical conclusion is that Kerry believed he would lose and wanted to save as much as he could for another attempt in 2008. That much money would presumably put him in the lead, all else being equal.
I wonder if he calculated the wrath of Hillary into the equation?
That is money that could have gone into advertising in Ohio, for example, that may have tipped that state and the election to Kerry.
Democrats are predictably upset that Kerry has between $15 and $20 million left, stating that such a huge amount of money could have been spent on other Democrat races even if Kerry felt he didn't need to spend any more on the Presidential race.
Three former Kerry campaign aides, also demanding anonymity out of concerns about alienating their former boss, said they were surprised and disappointed to learn that he left so much money in the bank.
Kerry had roughly $45 million left in his primary campaign fund as of mid-October, according to his Federal Election Commission report, and could use that as seed money for another presidential bid.
His final report is not due until next month, but officials close to Kerry said he has $15 million to $17 million in that account, with no outstanding debts, after giving the DNC about $23 million and state parties about $9 million since the mid-October report.
In addition, the report showed that Kerry had about $7 million on hand in a legal and accounting compliance fund that he could use for legal expenses in a 2008 campaign. Officials said he raised several million more for that account since the filing.
The only logical conclusion is that Kerry believed he would lose and wanted to save as much as he could for another attempt in 2008. That much money would presumably put him in the lead, all else being equal.
I wonder if he calculated the wrath of Hillary into the equation?