| According to Daniela Altimari at the Hartford Courant, who picked up on similar sentiment in a Politico article about fundraising for Democratic Senators up for re-election in 2012, Joe Lieberman's $1.4 million cash-on-hand is a sign that he is "quietly amassing his own fortune for an election that's still 37 months away."
However, the quarterly FEC reports filed by Sen. Lieberman since the 2006 general election reveal something entirely different, and seem to point to different intentions for a Senator who remains continually unpopular and is increasingly politically boxed in.
Lieberman's current warchest was actually almost entirely amassed during the closing days of the 2006 campaign, when the since-revoked "millionaire's amendment" allowed him to raise cash from right-wing sources in 5-digit chunks. According to FEC reports, Lieberman used his predicament to his full advantage, raising an astonishing $3,368,680 between the dates of October 19th and November 27th, 2006 alone, and ended that period with $2.55 million cash on hand.
But since then, it's been all downhill:
At the end of 2006, he had $2.24 million cash on hand.
At the end of 2007, he had $2.08 million cash on hand.
At the end of 2008, he had $1.81 million cash on hand.
And his most recent FEC filing shows a total of just $1.41 million cash on hand.
Possibly more telling about Lieberman's future plans has been the lack of any effort to raise any money whatsoever since November 2006. In the last two quarters, he has raised $73k and $70k respectively, paltry sums for an incumbent.
But even those numbers pale in comparison to his efforts throughout 2007 and 2008, when, perhaps preoccupied with helping out his good friend John McCain (and with the almost certainly assured promise of a cabinet position should McCain have won), he raised an average of just $2,400 per quarter:
Sure, it is still 3+ years out from Election Day 2012. But these numbers certainly do not reinforce any notions that Lieberman is actually considering the "all sorts of options" he claims to be looking at for his dubious route to re-election.
If anything, they raise the opposite question of whether Senator Lieberman is trying to coast by on numbers that at a cursory glance might protect him from lame duck whispers, all the while seriously contemplating whether to call it a career and take the easy way out. |