McCain nearly broke

Bob Novak writes in Human Events:

George W. Bush's 2004 campaign fund-raisers and contributors are being bombarded with appeals for money by Sen. John McCain's heavy-spending, money-short 2008 campaign.

McCain is concentrating heavily on the rich target of lawyers and lobbyists in Washington, D.C. They have been invited to multiple McCain fund-raising events held in the nation's capital, currently a $1,000-a-ticket reception June 26 at the Capitol Hill Club with a potential "event co-chair" asked to raise $50,000. A large percentage of the Bush fund-raising team remains uncommitted, a signal that the Republican establishment is not satisfied with the present field seeking the party's nomination.

McCain's money-raisers are hard put to reach the $10 million goal set for the second quarter of 2008 by the June 30 deadline, after collecting $12 million in the first quarter. McCain raised $2 million in April and $3 million in May, and is expected to reach $2-3 million in June -- falling short of the $10 million goal and of what his opponents have raised.

Look for the lion's share of that uncommitted support to go to Fred Thompson.

Perhaps McCain will have the good grace to withdraw from the race now. He is not going to get the nomination and the sooner he realizes it the better for both him and the Republican Party. Of course doing what was in the best interests of the Republican Party has never been high on John McCain's list of priorities.