I'm not sure who coined the term, but sometime ago (wordspy says it happened in 1987) a very wise person decided that the period prior to the actual primary/caucus season deserved its own name and since the time is generally spent earning the money necessary to purchase ad space and travel and all that, why not call it the money primary?
Since the Federal Election Commission makes candidates report the amount of money they have earned every three months, the announcement has turned into a race of its own. It's a way for candidates to prove their viability and to convince others (staffers, funders, potential opponents) to join them.
June 30th marked the latest date candidates had to report figures, and as has been reported, Barack Obama led the pack with over $32 million raised from over 150,000 people. For a full picture of the race go to opensecrets.org or fec.gov.
Now for feedback: Is this the best way to pick presidential candidates?
