Newsom fundraising down 40 percent

Joe Lynne at Fog City Journal has detailed some reasons why San Francisco Mayor Gavin Newsom's fundraising numbers could be off 40 percent from the 2003 election cycle.

The truth is... there are several reasons, not the least of which is that Newsom admitted having an affair with the wife of Alex Tourke - his campaign manager, chief of staff, and close friend.

What's even more impressive is that the author predicted fundraising trouble way back in February.