Pryor facts hurt Huckabee theory  

There was a theory once. Mike Huckabee would raise a bunch of money before quitting the presidential race. Then he’d run against U.S. Sen. Mark Pryor, taking his presidential campaign war chest with him.

Scratch that idea.

Our former governor’s raised an embarrassing $1 million in the last three months in his presidential bid. Incredibly, he’s still doing so well he shouldn’t drop out.

Pryor had $3.27 million in campaign funds on hand as of Sept. 30, federal records show.

That’s $1 million for a Republican presidential candidate who’s expected to come in third (possibly better) in the Iowa caucus, versus $565,000 raised during the same amount of time by a U.S. Senator from Arkansas who doesn’t yet face an announced opponent.

Ouch.

Part of the ex-governor’s lack of money is Huckabee’s fault, but not all of it - not even most of it. Huckabee’s not a bad candidate. He did very well in the Iowa Straw Poll through sheer eloquence. Yet he’s raised about one-tenth as much as the GOP’s front-runners.

Big political donors are like bettors at the racetrack. Their money goes to who they think is going to win. The only difference is they can place bets against somebody, too, to try and keep that candidate from winning.