CNN is reporting that John McCain's presidential campaign is in serious jeopardy. The McCain campaign is expected to announce that it is in debt to the tune of $1.75 million dollars.
"...earlier this week [campaign manager John] Weaver and campaign manager Terry Nelson resigned after McCain appeared to lose confidence in their ability to lead the campaign that had only $2 million in the bank after raising more than $20 million in the first six months of the year."
Several staff members, including vitally important senior staffers, are expected to resign on Monday, July 16, 2007. This has been an incredibly difficult presidential campaign for John McCain. His Florida co-chair was arrested for soliciting sex from an undercover police officer; the Republican base continues to view McCain as a maverick given his views on bolstering the number of troops in Iraq, including an ill fated amendment to the immigration bill which was defeated weeks ago.
Although McCain has vowed that he will be the next President of the United States, the reality is that he will have a hard time convincing financial donors that his office is capable of managing money considering that it blew through $20 million dollars.
Rick Davis, a longtime McCain political adviser, has taken over as campaign manager. It is highly likely that Davis will work overtime to convince the voting public that McCain is at best as an underdog. In fact, there might be some truth to this line of thinking. However, there are several realities that we cannot lose sight of. The next President will inherit a record deficit; a war on foreign soil; strained international relations and domestic issues such as social security, immigration and health care. A qualified Presidential candidate will have to demonstrate an ability to provide stability in unstable times.
If McCain is unable to manage his presidential campaign, considering that this is not his first time running for the Oval Office, then questions may arise concerning his ability to successfully govern the United States as its President.