First quarter fund raising

Its Obama by a nose? Or is it Hillary? Kurtz on it:

I interrupt this blog to bring you the standard Kurtz Caveat: raising boatloads of cash do not a nominee make. See Dean, Howard, 2004, and Gramm, Phil, 1996. But for Obama, at this early stage, it establishes a certain level of credibility, not just with other donors but with the vast media conspiracy. And it wipes away the notion that Hillary Clinton is going to crush the competition.

Top Republicans got half as much, although I have a feeling they are not trying as hard at this point. Whoever raises the most money gets the automatic win right?