Sen. Christopher J. Dodd's presidential campaign raised about $1 million in its first major fundraiser this week.
Dodd's greatest need is to come up with a campaign kitty that will be considered viable. In the insular world of early presidential politics, activists look to the money figures as evidence of credibility and support.
Dodd had about $2 million on hand last month, a number which will clearly grow because of the fundraiser. But he still lags well behind others, notably New York Sen. Hillary Rodham Clinton, who has an estimated $20 million on hand, and 2004 Democratic nominee John F. Kerry, who has about $17 million. (Lightman)
I think that sounds a lot more impressive than it actually is. Still, this could mean he's at least gaining a little credibility.
And why not? Democrats could do worse than Dodd.
Lightman, David. "Dodd Fundraiser Nets $1 Million." Hartford Courant 23 June, 2006.