There are a couple of pieces of "conventional wisdom" that I've seen bandied about here and yet are quite wrong.
- Dean is out of money. In fact, Dean still has more money than any other candidate, and he still seems to be raising money at a rate greater than or equal to any other candidate. Every other campaign is basically broke, but you don't hear that. Dean has about twice as much money left as Clark right now, according to reports I've read.
- Dean is blowing off the Feb 3 states. In fact, Dean is campaigning in every one of them, and getting time on local media. He's just using the news instead of TV ads.
- The reason Dean isn't putting up ads in Feb 3 states is that he doesn't have the money to do it. In fact, the campaign has decided that the negative associations from Iowa and the speech need a little more time to dissapate, and money on ads would be largely wasted in states which are mostly not Dean hotbeds anyway. Better to spend it on more sympathetic audiences after other campaigns have shot their wads.
It is also possible that Dean will get delegates out of AZ. I wish that the campaign would have bought ads in this one Feb 3 state, but the grassroots radio ads might help put him over the threshhold.
After Feb 3, the Dean campaign might be the only one that has money in the bank.