The Obama campaign continued a string of recent emails begging donors for funds in the face of strong fundraising by Mitt Romney with an email a short time ago from Barack Obama — subject line “I will be outspent.”

“We’re getting outraised — a first for a sitting president, if this continues. Not just by the super PACs and outside groups that are pouring hundreds of millions of dollars into misleading ads, but by our opponent and the Republican Party, which just outraised us for the second month in a row,” the email says.

“We can win a race in which the other side spends more than we do. But not this much more,” Obama continues. “So I need your help. If you believe that regular people should decide elections, then please chip in $3 or more today.”

Obama adds “this isn’t about me or the outcome of one election.”

“This election will be a test of the model that got us here. We’ll learn whether it’s still true that a grassroots campaign can elect a president — whether ordinary Americans are in control of our democracy in the face of massive spending,” he said.