From Steve Singiser:
In the Delaware Senate race, it is good news/bad news for the GOP. The good news: newly minted Senate candidate Mike Castle is sitting on over three-quarters of a million cash-on-hand. The bad news: he raised just eighty-seven grand for the quarter, which makes it evident that he was hardly “ramping up” for his Senate bid.
$87,000 is lower than thee two previous quarters this year. This could mean two things: 1) Mike Castle thinks he is going to walk into the Senate without a competitive challenge from either O’Donnell or the Democrats, so there is no need to raise money like he would have to in a competitive race; or 2) Mike Castle was not planning on running at all, and instead was pressured into it by national Republicans who promised him funding later in the campaign.
I am not ruling out the possibility that it could both. Maybe he did not want to run, but the field was cleared for him anyway, so he said what the hell?
But now that he is a Senate candidate, he has to raise tons of money in this final quarter of 2009. If only to scare off Biden. Because, right now, if I am Biden, I am laughing at these fundraising figures.