The Money Race

Millman will be keeping an eye on donations following news of Romney's slightly desperate polling memo:

Paul Krugman suspects that the Romney campaign’s attempts to spin away President Obama’s poll lead is an effort to prevent corporate donors from hedging their bets by donating to Obama as well. I doubt that – spinning is what campaigns do; they don’t need a reason. But he’s right that if it looks like Obama has a good chance of winning, he should suddenly discover that Wall Street and other corporate donors who have been shunning him become much more generous. President Obama’s fundraising numbers have already been perfectly respectable, but if they become substantially better than respectable that will be another sign that the smart money thinks this game is probably over.