The Giuliani juggernaut

The headline is that Giuliani staffers are going without pay signaling some serious financial troubles in the campaign, but dig a little deeper,

At the end of December, the campaign had $12.7 million cash on hand, $7 million of which could be used for the primary, DuHaime said Friday. He disputed the notion of a cash-strapped operation and said Giuliani continues to bring in money; several fundraisers are scheduled this week in Florida.

$7 million Cash on Hand available for primaries across 23 states including expensive GOTV and media markets like Florida, New York, and California.

With donors supposedly drying up, falling poll numbers, and anecdotal evidence of the "GOP establishment" turning towards McCain, Giuliani's presidential dream may be withering.