The Republican National Committee has nearly 6 times the amount of money on hand at the end of August as their Democratic party counterparts: DNC spokeswoman Karen Finney says the party raised more than $17 million and has $17.5 million on hand, having spent more than $28 million last month, largely on the Democrats' ground game. That cash figure is a fraction of the $110 million a Republican official says it has, which includes transfers of money McCain is no longer allowed to spend and money from state fundraising vehicles. The disparity shows the Republicans' continued edge with the wealthy donors who can give in five-figure chunks. The RNC money cannot be spent on advertising directly for McCain. But the candidate really doesn't need it for that. Where the RNC money will make a difference is on the ground, setting up offices and running a massive volunteer effort that they hope can match the Bush-Cheney campaign's 3 million participants.Obama, meanwhile, still needs more cash. And...(Read Full Post)