Obama Learns: What’s Bad for the Brand Is Good for the Pocketbook

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One of 2008’s political axioms has been proven yet again.

Over and over in the Democratic primary, candidates would have their best fundraising periods right after a crucial primary loss (or, in one notable case, right after the candidate was forced to make a sizable loan to the campaign), leading me and others to observe that in presidential fundraising nowadays, nothing succeeds like failure.

Late last Friday, Marc Ambinder observed it in effect yet again. Apparently, all the McCain ads that have been beating Obama up are driving more donors, new and old, to give to Obama.