If you gauge things by how much money each candidate and their respective parties are raising lately then it looks like Mitt Romney has a good chance to win in November. In the latest reports Romney again out raised Obama bringing in over $100 million in July. Lets hope this continues.

Romney Raises Over $100 Million in July

(Reuters) - Republican presidential candidate Mitt Romney and the Republican National Committee raised $101.3 million in July, turning in another big month of financial strength for their battle to defeat President Barack Obama on November 6.

In addition to the July numbers, the Romney campaign also planned to announce on Monday that Romney, the Republican National Committee and state party participants have $185.9 million cash on hand.

Romney has been outpacing the Democratic incumbent in fund-raising, and his July total of $101.3 million is another sign that Romney and his allies are on course to wash away any cash advantage that Obama, as an incumbent president, typically would enjoy in a bid for re-election.

Romney brought in $106 million in June, $35 million more than Obama raised that month, and the Democrats have warned they are in danger of being outspent in the run-up to the election.

Romney finance chief Spencer Zwick said donations have come from a broad spectrum of people including Republicans, independents and Democrats.

"We are well on track to raise the money to be successful in November," he said.

While big donors have powered much of the Republicans' fund-raising numbers, the Romney campaign said 94 percent of all donations received in July were for $250 or less.

Romney is to be formally nominated as the Republican candidate at the party's convention in Tampa this month. At that point, he can begin spending the massive haul in what may turn out to be the most expensive campaign.

He is running neck-and-neck with Obama in the polls. The former Massachusetts governor will soon announce his vice presidential running mate, which the campaign hopes will provide a boost of enthusiasm for the Republican ticket.

The truth is if Romney is going to win the election then we ALL have to help. Yes, Mitt is not a favorite among conservatives but he is 1000 times better than Obama so we all need to jump on board and do our part to help him get elected.

Tags: romney raises $100 million in July

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Good deal. Romney seems to beat Obama each month in fund raising. Hopefully that means something. Of course, I would not doubt Obama lies about how much they really raise.

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