I have written this piece for CNN. It begins:

After all, the shock-and-awe campaign of Jeb Bush’s Super PAC, with its nine-figure budget, was far less than awesome. Bernie Sanders raised tens of millions of dollars in very small donations (recall his constant refrain that the average donation he received was $27).

And Donald Trump’s major selling point was that he was self-funding his campaign (which wasnot really true) and too rich to be bought anyway, leaving big donors on the sidelines. (Never mind that he still relied on big money in the primaries — his own.)

But now comes the news of Trump’s embarrassingly paltry fundraising numbers for May, in which he has less cash on hand than many congressional and local candidates, and only one-fortieth of Hillary Clinton’s cash on hand.