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A Super PAC wake-up call for Dems

For the third straight month, Mitt Romney and the RNC have outraised President Obama and the DNC. This time the margin is more than $25 million -- $101.3 to $75 million. Last month it was about $35 million, and in May it was $16 million. It’s starting to look like this trend will last through the fall, and that the incumbent president will end up with less money to spend than his challenger – especially when you factor in the considerable advantage Republicans enjoy with super PAC money.

If this sounds like an election-altering development, just consider that a total of $50 million was spent last week alone by the campaigns and by outside groups, virtually all of it in a small number of swing states. As NBC’s First Read puts it:

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