Is Fred Thompson All Hype?

According to several reports, Fred Thompson's campaign will report only $3 million raised so far, a disappointing figure.

Fred Thompson plans to announce Tuesday that his committee to test the waters for a Republican presidential campaign raised slightly more than $3 million in June, substantially less than some backers had hoped, according to Republican sources.

This means he probably has as many ex-staffers as he does donors. Fred Thompson is rapidly becoming the "New Coke" of the 2008 Presidential cycle, all hype, no substance.