Despite the rumors, Obama will not hold any fundraisers during his Euro Trip. That means that six days out of the month, or about 20 percent of the month, will be spent without any such events. Obama's online efforts could make up the difference, but reports suggest they won't: "Several said in interviews that the campaign is no longer seeing the kind of online bonanza that occurred during Obama's long battle with Sen. Hillary Rodham Clinton, when more than $1 million was flowing in each day." Indeed, this is why the number of Obama's traditional fundraisers Obama spiked last month. Some scoffed when I suggested here and here that Obama was spending nearly as much as he was presently taking in. As an aside, the Boston Globe wrote a whole piece about Obama having the largest paid staff in the history of presidential elections. No surprise that it neglected to explain the cost associated with having 900 staffers. And that was in May! It also failed to note that Obama has paid staffers in Utah and is running ads in Alaska. What possible purpose could there be for such expenditures? And will they come back to haunt the Obama campaign in August, when it runs a giant deficit?