President Obama will file paperwork as early as Monday to launch his campaign, according to various reports, a move that will allow him to begin amassing what Democratic officials hope will be a $1 billion war chest to take on his Republican challenger.
Yes, it seems early, and Obama opens himself to charges that he’s busy getting himself reelected while wars rage and the economy continues to recover. In fact, he’ll be the only candidate in the race, either Republican or Democratic. But the fundraising process is a long haul – George W. Bush began his now quaint-seeming effort to raise merely a $100 million or more in May 2003, just after he launched a major war.
Obama is expected to announce the move in an email to his grassroots Organizing for America supporters. He’ll soon begin fundraising for himself, including an event this month in Chicago, where the campaign will be based.