Former Iowa governor Tom Vilsack, the first Democrat to announce his candidacy for the White House, abruptly dropped out of the 2008 presidential race yesterday, a victim of the prodigious fund-raising demands of an early-starting campaign and the star appeal of rivals Sen. Hillary Rodham Clinton, a Democrat from New York, and Sen. Barack Obama, a Democrat from Illinois.
"This process has become to a great extent about money - a lot of money," Vilsack said at a news conference in Des Moines, Iowa, yesterday. "And it is clear to me that we would not be able to continue to raise money in the amounts necessary to sustain not just a campaign in Iowa and New Hampshire, but a campaign across this country. So it is money and only money that is the reason that we are leaving today."
Please Read the rest of this article at: http://www.concordmonitor.com/apps/pbcs.dll/article?AID=/20070224/REPOSITORY/702240385/1013/48HOURS
The first casulty of the 2008 Presidential race bites the bullet in Feb 2007 --- almost a full year before the first primary. Govenor Vilsack who most people were unaware was a canidate drops out because he cant raise money. In spite of the fact that this guy in my opionon never had a chance to be elected or any business running for President, I think its a symptom of a much larger problem when a candidate cites money problems 11 months out from the first primary as the reason he drops out. We have allowed the Presidency to be an office only the very rich or candidates supported by the very rich can realistically seek. The obvious result of this is that the Commen man is eliminated from the mix and every single viable candidate "OWES" something to the money men.
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