I am not a believer that the candidate with the most money will win, but I do know that you need some money to run an effective campaign. Huckabee was unable to turn his 2nd place finish at the Iowa Straw poll into much money during the 3rd quarter. That is why I haven't been putting much faith into Huckabee's rise in recent polls in Iowa.
However, Marc Ambinder is reporting that Huckabee has increased his fundraising in October by raising nearly $30,000 each day.
The campaign set a goal of $1,034,487 by midnigh ton October 31 -- a Million for Mike. Even one dollar -- "A Buck for Huck" -- is welcomed by the campaign.
The fundraising email states a goal of having $1.7M in the bank by end of November.
Huckabee has some momentum and if he can get money to run some ads in Iowa and organize a solid ground game then he could gain momentum coming out of Iowa.
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