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Originally posted by Gattigap
Right. FWIW, Fringey's reason should not be underestimated. If the primary is a single, 50 state primary, only the Clintons, Obamas, Romneys and Bloombergs of the world would have a chance of doing anything, and even then they'd have to raise a couple hundred million just to win the primaries.
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It seems like the ultimate winners would have to raise about the same amount of money, but there might be more "waste" because of no winnowing out. Or the winnowing out would happen at the fundraising stage.