No, your eyes are not deceiving you. Sam Searcy (D), candidate for the SD-17 seat in Wake County, has loaned his campaign $500,000. He is seeking to knock off incumbent Tamara Barringer (R) in November.
THAT loan by Searcy puts his total fundraising haul for the cycle at $648,156.39. And we’re STILL roughly four months away from election day.
Barringer, in comparison, has raised $51,157 for the cycle.
The Barringer campaign can hang their hopes on the lessons of the 1980 John Connally presidential campaign. Connally, a Texas tycoon who had been governor among other things, spent $11 million of his own money running in the GOP primaries. He ended up winning ONE delegate.