Barack Obama has raked in a mind boggling $7.5 million in contributions so far just in the time since the polls closed on Super Tuesday.  He has probably shattered the single day  record of $6 million set by Ron Paul last year.                           

Now contrast this with the email Hillary Clinton sent out yesterday asking supporters to send her $3 million in 3 days, setting this up as a "big goal." Obama, in comparison, averaged over a million dollars a day for all of January. More importantly than mere dollars, the big disparity in fundrasing this year shows that the enthusiasm and grassroots support clearly is with Obama.

 It's looking more and more likely that the Democratic primary will be a drawn out war of attrition which bodes ill for Hillary since she'll be in a money crunch from here on out as she will not be able to match the Obama fundraising juggernaut. The reason being most of her fat cat donors are already tapped out for the $2,300 primary limit. Meanwhile, Obama's 650,000 strong donor base gives small amounts online and most are nowhere near hitting the limit yet so he can keep going back to the well again and again.

Hillary must have been short on funds before this latest pledge-a-thon, as she had to write a check to her campaign for $5 million of "her money." A spokesman reiterated the money came from her "share of their joint resources." I guess Billy Boy isn't too eager to part with his split of the family booty just yet. Interestingly, unlike the black hole that is was Mitt Romney's self-funded campaign, Hillary's contribution is only a loan and presumably will be paid back to her at some point in the future after she shakes down her patrons for more loose change.

In another interesting developement, Obama is now leading Hillary in the futures prediction market with a 59% chance that he will be the nominee compared to a 42% chance for Hillary. On Feb. 4 the markets closed at a 39.7% chance for Obama and a 60.5% chance for Hillary. Despite her money woes, I would still make Hillary the presumptive favorite as she still possesses the vast resources of the Clinton machine at her disposal and is still the establishment candidate no matter how her campaign tries to spin it. However, I do think this trend shows that the momentum is clearly with Obama now and Super Tuesday was a victory for him despite all the media's efforts to potray it as a so-called "tie".