(I posted a comment at the bottom of this article written by John Wildermuth at Fox & Hound.)
President Barack Obama's Wednesday afternoon visit to Facebook, the grandfather of the social networking biz, showed that his team has grasped political truism that has eluded many California campaigns: Bucks ain't ballots.
Now it's true the president reportedly plans to raise a breathtaking $1 billion for his effort to win four more years in the White House and yes, that's billion with a "b."
And since no one in the campaign business has ever suggested that "Big Daddy" Jesse Unruh's observation that "money is the mother's milk of politics" is any less valid now than when the former Assembly speaker made it in 1966, the $35,800-a-napkin dinner he had with 60 of his closest friends Wednesday night in San Francisco was a pleasant reminder of why it's good to be the president.
But as Meg Whitman ($178 million for her governor's race) and PG&E ($46 million for last June's Prop. 16) discovered, all the cash in the world won't help a campaign that can't rally the troops. Which is why the Facebook stop was likely the most important event on a presidential trip this week that's expected to shake the California money tree for $7 million in contributions.
There weren't any surprises in what the president said: Click here to read more of the article.