Summary
After being victimized in early April by freshman Sen. Barack Obama's brilliant rope-a-dope strategy, New York Sen. Hillary Clinton turned the tables on Mr. Obama in recent days by using the same rope-a-dope tactic that had been perfected in the boxing ring by Muhammad Ali. The heavyweight champion would lean on the ropes, conserving his strength, as his opponent would flail away, tiring himself out. Then Ali would pounce, turning potential defeat into certain victory.
At the end of this year's first quarter, the Clinton campaign was the first to announce its January-March fund-raising total. The Obama camp remained silent, leaning on the ropes. Just as the Clinton campaign exhaustively completed what it thought was its victory lap after announcing that the former first lady had raised $26 million during the first quarter (excluding a $10 million transfer from Mrs. Clinton's 2006 Senate campaign), Mr. Obama's campaign revealed that it had collected $25 million, nearly all of which was available for the primaries. Only about $20 million in contributions to Mrs. Clinton in the first quarter could be used for the primaries, with the balance being set aside because the donations had been earmarked for the general election. The political world was stunned by Mr. Obama's first-quarter fund-raising performance, which quickly deflated Mrs. Clinton's money balloon.See the full content of this document
Extract
Mrs. Clinton's Rope-a-Dope
During the second quarter, Mr. Obama raised a stunning $31 mill...
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