CNN's Abbi Tatton reported earlier this afternoon on the launch of Slatecard. Here's the clip via YouTube:

In an effort to play catchup with Democrats in grassroots fund- raising, a new Web site allows anyone to raise money for Republican candidates online.

Let's go to our Internet reporter, Abbi Tatton. She is watching this story for us.

Abbi, so, what's the need out there for this latest development?

ABBI TATTON, CNN INTERNET REPORTER: Wolf, look at what they're up against.

The Web site ActBlue site has raised $30 million in online donations for Democratic candidates since 2004. Now Slatecard is trying to fill that hole for Republicans. Organized by a group of conservative online strategists and bloggers, it allows you to pick a slate of candidates, House, Senate and presidential, and fund-raise for them online.

Other conservative sites are trying this, but Slatecard aims to go further. Like online shopping where reviews let you see why people are buying certain products, Slatecard shows you people's reasons for donating to, say, Rudy Giuliani.

So far, stop Hillary on the site is popular. The Republican site recognizes a gap. In this election, the Democrats' online fund- raising is a force to be reckoned with, unless you're like Ron Paul, a Republican candidate who last quarter raised most of his surprising $5 million on the Web -- Wolf.

BLITZER: He's certainly mastered that art, Ron Paul.

Thanks very much for that, Abbi.