"When I send out a fundraising e-mail talking about how bad Republicans are, I raise three times as much as when I send out an e-mail talking about how good I am."
It's become conventional wisdom that the Romney campaign has more money than the Obama campaign. But that's not quite right.
Team Obama is trailing Team Romney in fundraising. Big time. And Romney is pressing his advantage. That raises two questions: First, why is the Obama team doing so horribly at fundraising? And, second, will Romney's cash advantage actually matter?