Fundraising prowess is a key characteristic for any potential presidential candidate to possess. So, does Sarah Palin have it? Depends on how you interpret recently released numbers. Her political action committee, SarahPAC, today reported raising $1.65 million in the first half of 2011 — with a total of 36,700 contributions from more than 24,000 contributors.And this;
That money couldn’t be put toward a presidential campaign, but, as Michael O’Brien over at The Hill put it, “the haul reflects the extent of Palin’s latent support that could be converted into support for a White House bid.” The bare number doesn’t sound particularly impressive in light of what other candidates have raised. It doesn’t even sound particularly impressive compared to what another non-candidate has raised: Americans for Rick Perry raised $400,000 in just a few weeks.
But the number of contributors matters and what Palin was able to do with the money also matters. Palin spent $1.59 million in the past six months. SarahPAC Treasurer Tim Crawford declined to say exactly how the money was used beyond noting donations to candidates ($65,000) and to the Young America’s Foundation ($18,700), but it seems safe to assume some of it went toward the One Nation bus tour, which garnered all kinds of attention from the media and the public. Based on her return on investment on that, Palin knows how to stretch a dollar to her advantage.
But the point is, a Palin campaign wouldn’t suffer for lack of money.From the mantra of the Obama campaign,YES SHE CAN!