Pretty good dough: John McCain speaks 10 minutes, gets $5.1 million
Here's a quick lesson in modern political math:
Tonight, Sen. John McCain spoke for 10 minutes at the Intercontinental Hotel in Miami to a small crowd of people, who were a little less rich by the end of the session.
It was, of course, a presidential campaign fundraiser, this time for the Republican Party.
The attendees, who dined buffet style because there were only a few tables scattered around, had each paid $50,000 to be there, according to the pool reporter's notes.
Let's do the math on that: That's $5,000 per minute of candidate speech per person.
McCain was surrounded by the same crowd of guys who were with him earlier in the day -- Sen. Mel Martinez; Gov. Charlie Crist; former quarterback, representative and onetime vice presidential candidate Jack Kemp; and former Gov. Bob Martinez. McCain's wife, Cindy, introduced him.
"I just want to tell you how grateful I am," the Republican candidate said. "We are 50 days out, and who's counting? It's gonna be tough. It's a tough race, as you know.”
“We’ve got a strong headwind and we have a lot of work to do,” McCain added.
"No matter what you see in the polls recently, Gov. Palin and I are the underdogs. That’s where we like to be. That's the best place to be."
McCain only mentioned Barack Obama briefly, saying, "This is no time for on-the-job training."
McCain campaign people say they've raised $26.2 million in Florida this cycle, and $5.1 million of that came from Monday night's one event.
That works out to, what, about $510,000 per minute of senatorial speaking time.
-- Andrew Malcolm