What Recession?

Will Obama's $52M showing (his biggest haul since his $55M in 2/08) quiet talk that his "shift in emphasis" since the primaries has donors sitting on their wallets? And what about HRC's role in bringing in the cash? Once we can comb the report for ex-Hillraiser contributions, we'll have a clearer answer.

--But it's SEN $ that's getting our attention today. While numbers have been leaking out all week, Hotline's complete FEC chart shows some interesting patterns.

--GOP Singing Open Seat Blues: Dems outraised GOPers by more than $1M in NM, CO, and VA. Even Kleeb (D) outraised Johanns (R) in NE (though Johanns has 3x the COH).

--If You Got It Spend It (Or Not): The most vulnerable GOPers all have big COH leads. But only Dole, Smith and Coleman have spent any of it. All spent around $2M. Meanwhile, Collins and Sununu are proving the flinty N.E. stereotype and sitting on their cash. Will they wait until Labor Day to unload?

--Odds and Ends: Warner raised more than almost any candidate (McConnell edged him out $3.02M to $2.92M). But, he also spent more than $2.2M. Stevens has twice as much COH as Begich, but his $1.7M COH is one of the lowest of any incumbent w/out a primary challenge.