And Obama has a huge cash on hand advantage over McCain:

The Illinois senator reported bringing in $52 million in June, more than twice the nearly $21.5 million raised by Republican rival John McCain during the month. Obama had $72 million in cash on hand to McCain's $27 million, according to their reports with the Federal Election Commission.
http://www.time.com/time/politics/articl e/0,8599,1824926,00.html

One reason McCain's funds are so low is because he spent more than three times as much money on tv ads. Perhaps those ads prevented Obama from taking a bigger lead - but now that money is GONE. The impact of ads is relatively short.

And Obama's spending his money to build a massive field organization for registering and persuading voters -- and getting them out to vote.

I was one of the last day donors.  I shouldn't have waited that long, but I'm glad I did now, just for this highly entertaining statistic.

It was the last day of the second quarter, so I donated to some downticket races too.
I'm trying to do $50 to Barack and $25 to each of my downticket candidates (Rick Noriega and Jim Slattery) each month until the election.

i remember during the primaries that sometimes the campaigns don't technically report all of the donations until the end of the time period required. Im sure he raised a boatload of money the last couple of days, but I think this is just a function of when money was reported.

I've seen this posted in other places as well, and there are a number of people suggesting that this is a product of recording the donations on a certain date, even though the donations came over the course of several weeks.

Man, if we can convince all Obama voters to donate 5$ by the convention we will obliterate the RNC "war chest"

I cant wait to see McCain on election welfare.