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Rather: $1B is one to beat in 2008 race
Wednesday, February 28, 2007
BY ROBERT STERN
PRINCETON BOROUGH -- The 2008 presidential race is shaping up as the first to top the billion- dollar level for campaign spending -- and may even reach $2 billion, veteran news anchorman Dan Rather told a live television audience at Princeton University last night.
"To be a player in this game, you need money, lots of money," Rather said in a prerecorded introduction that opened last night's hour-long live broadcast before a crowd of more than 500 people in the university's Richardson Auditorium.
Rather cited at least one expert's analysis that it will take at least $100 million for any candidate to keep up with the competition in next year's presidential primaries.
"That means a candidate must raise $300,000 a day every day for the next 11 months to be in it," he said.
Last night's program, a special "town hall" style forum on the 2008 presidential primaries, featured Rather, the former long-time CBS Evening News anchor, and Time magazine senior writer Joe Klein, who has covered eight previous presidential elections.
While the ever-increasing mountain of money it takes to run an effective presidential campaign is worrisome, Klein said polls show the public is keenly interested in this election cycle.
Increased public interest tends to offset the influence of money in determining the outcome of a presidential election, Klein said.
Princeton students, faculty and members of the public attended the forum, which was broadcast live on Rather's "Dan Rather Reports" program he hosts on his new television network, HDNet.
Amber Mahone, a graduate student in Princeton's Woodrow Wilson School of Public and International Affairs, was camera-shy but eager to see and hear what Rather and Klein had to say.
"I didn't grow up watching Dan Rather, but I know that he was quite a force for many years, so I want to see him for myself," Ma hone, 26, said as she and the rest of the audience waited for Rather and Klein to take the stage.
"Joe Klein has his own draw, being a seasoned political correspondent. 'Primary Colors' made quite a stir when it came out," Mahone said, referring to Klein's anonymously written 1996 best-selling novel about the 1992 presidential primaries.
Last night's forum was scheduled for February and in New Jersey in part to highlight the fact that next year's New Jersey primaries will be moved to February from June. Over the years, more and more states have scheduled earlier primaries hoping to play a more influential role in determining the presidential nominees.
Klein joined Time magazine as a national and international affairs columnist in 2003.
Last night's hourlong forum was hosted by Princeton's Woodrow Wilson School.
Rather fielded e-mailed questions from his network audience as well as from the Princeton participants.
HDNet is the first national television network broadcasting all of its programming in 1080i HD, the highest-quality format of high-definition television.
(HDNet, definitely a good channel)
Rather: $1B is one to beat in 2008 race
Wednesday, February 28, 2007
BY ROBERT STERN
PRINCETON BOROUGH -- The 2008 presidential race is shaping up as the first to top the billion- dollar level for campaign spending -- and may even reach $2 billion, veteran news anchorman Dan Rather told a live television audience at Princeton University last night.
"To be a player in this game, you need money, lots of money," Rather said in a prerecorded introduction that opened last night's hour-long live broadcast before a crowd of more than 500 people in the university's Richardson Auditorium.
Rather cited at least one expert's analysis that it will take at least $100 million for any candidate to keep up with the competition in next year's presidential primaries.
"That means a candidate must raise $300,000 a day every day for the next 11 months to be in it," he said.
Last night's program, a special "town hall" style forum on the 2008 presidential primaries, featured Rather, the former long-time CBS Evening News anchor, and Time magazine senior writer Joe Klein, who has covered eight previous presidential elections.
While the ever-increasing mountain of money it takes to run an effective presidential campaign is worrisome, Klein said polls show the public is keenly interested in this election cycle.
Increased public interest tends to offset the influence of money in determining the outcome of a presidential election, Klein said.
Princeton students, faculty and members of the public attended the forum, which was broadcast live on Rather's "Dan Rather Reports" program he hosts on his new television network, HDNet.
Amber Mahone, a graduate student in Princeton's Woodrow Wilson School of Public and International Affairs, was camera-shy but eager to see and hear what Rather and Klein had to say.
"I didn't grow up watching Dan Rather, but I know that he was quite a force for many years, so I want to see him for myself," Ma hone, 26, said as she and the rest of the audience waited for Rather and Klein to take the stage.
"Joe Klein has his own draw, being a seasoned political correspondent. 'Primary Colors' made quite a stir when it came out," Mahone said, referring to Klein's anonymously written 1996 best-selling novel about the 1992 presidential primaries.
Last night's forum was scheduled for February and in New Jersey in part to highlight the fact that next year's New Jersey primaries will be moved to February from June. Over the years, more and more states have scheduled earlier primaries hoping to play a more influential role in determining the presidential nominees.
Klein joined Time magazine as a national and international affairs columnist in 2003.
Last night's hourlong forum was hosted by Princeton's Woodrow Wilson School.
Rather fielded e-mailed questions from his network audience as well as from the Princeton participants.
HDNet is the first national television network broadcasting all of its programming in 1080i HD, the highest-quality format of high-definition television.
(HDNet, definitely a good channel)
