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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: political donors

political donors stories: 25 news summaries

1 - 20 of 25 Stories | 1 2 Next >>

GOP Raises More Cash Than Dems in Aug.

Unusual spike gives minority party $1.7M more for the month

(Newser) - Republican campaign committees got a big fundraising bump in August, pulling in $1.7 million more than Democrats, despite being the minority party. “Republicans have been able to tap into some of the anger against Democrats in power and translate that into fundraising,” one analyst tells USA ... More »

ANALYSIS

Palin's Haul From Small Donors Echoes Obama: Silver

60% of war chest in chunks under $200

(Newser) - The nearly $1 million raised by Sarah Palin’s political action committee this year is not in itself all that impressive, writes Nate Silver for FiveThirtyEight.com. After all, her figures are dwarfed by Republican players with significantly less star power. But Palin’s fundraising numbers reveal a true strength:... More »

analysis

Commerce
Pick Has
Fundraising Skeletons

Locke is no
slam dunk: Malkin

(Newser) - President Obama's administration surely hopes Gary Locke will prove a relatively uncontroversial pick for Commerce after the messy Bill Richardson and Judd Gregg nominations. Not likely, writes Michelle Malkin, who covered Locke for the Seattle Times when he was Washington's governor. Locke, she reminds, faced a series of probes from... More »

Bush Faithful Rewarded With Plum Jobs

No crony left behind
in last-minute
appointments

(Newser) - The Bush presidency lives on through more than 100 end-of-term appointments to a wide range of presidential panels, the Washington Post reports. The positions, many of which will outlast his successor's current term, have gone to George Bush's aides and political donors. Most are unpaid, although four top aides snagged... More »

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(Newser) - The 2008 election marked the death knell of post-Watergate public financing, Mark Schmitt writes for the American Prospect, but the raft of small donations that killed the system heralds a hopeful future. The public financing system was designed—and failed—to limit the influence of special interests: “Since... More »

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Internet campaign finance Obama 2008 netroots public financing political donors Election 2008 Mark Schmitt

100 Families Gave $100K
to Obama

Rockefellers,
Spielbergs among Barack's 'elite' donors

(Newser) - Barack Obama’s political efforts haven’t run purely on grassroots fuel: almost 100 families that gave $100,000 or more made up an “elite” group of repeat donors over the past 2 years, the Washington Post reports. Current donation rules make whopping contributions possible if donors distribute funds... More »

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Wall Street Dominates List
of Inaugural Donors

Big banks (yeah, those big banks) have bundled huge donations for the bash

(Newser) - Private donations to defray the cost of Barack Obama's inauguration festivities total $27.3 million—and large donors, including Wall Street executives flush with bailout cash, chipped in $24.8 million, the Wall Street Journal reports. That runs counter to the vow to remain independent of special interests that led... More »

Bush Retracts Pardon
for Son of Big GOP Donor

White House cites new information in halting process for developer Isaac Toussie

(Newser) - President Bush withdrew a presidential pardon today after it emerged that the father of a convicted Brooklyn developer donated $28,500 to the Republican Party, CNN reports. The president’s counsel approved clemency for Isaac Toussie on charges of mail fraud and false statements to federal officials, White House spokeswoman... More »

(Newser) - The little guy didn't fill Barack Obama's campaign coffers after all, a new non-partisan study says. True, almost 50% of his donations were $200 or less, but many of those donors gave again. Only about a quarter of them stopped at two C-notes, a figure in the same range as... More »

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Secretive Gay Donors Back Candidates Nationwide

Group of donors organizes to put millions of dollars behind pro-gay pols

(Newser) - A secretive group of wealthy gay activists who call themselves the Cabinet has been pouring huge sums into defeating anti-gay political candidates across the country, Time reports. The seven members of the Cabinet are estimated to have injected at least $7.8 million into races nationwide since 2004, and have... More »

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Small Print Lets Donors Write
Big Checks

Individuals are giving as much as $70K to candidates and parties

(Newser) - Barack Obama’s small donors have grabbed the headlines this election, but the latest campaign finance reports reveal that big donors have been playing their biggest role in ages, the New York Times reports. Both candidates have used joint committees, which raise money for both the candidates and their... More »

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Obama Got
$40K From
Fake People

McCain benefited from fewer fictitious donors, Times discovers

(Newser) - Barack Obama received some $40,000 from obviously fictitious donors, the New York Times reports. After poring over both candidates’ records, the Times found some 3,000 donations to Obama from more than a dozen people with obviously falsified names —like “Test Person” from “Some... More »

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Big 'Bundlers' Help Fuel Both Campaigns

New type of fundraising is quickly becoming lucrative cash stream

(Newser) - Barack Obama and John McCain have racked up nearly 100 “bundler” donors between them who have gathered at least $500,000 each from friends and co-workers to support their chosen candidates, the Wall Street Journal reports. The candidates’ spending suggests the fundraisers are breaking bundling records set during the... More »

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Opinion

Rising New
Money Class Powers Obama

Brooks cites recent shift to 'information
age analysts'

(Newser) - Barack Obama likes to tout his small-donor network, as though a wave of inspired regular folk came out of the woodwork just for him. In reality, Obama is mining a money class that Democrats have been cultivating for years, writes David Brooks in the New York Times—"the rising... More »

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Pre-Unity, Some Clinton Donors Just Not Into Obama

Fundraising event goes less than swimmingly

(Newser) - On the eve of today’s Democratic Unity rally, top Clinton donors intimated that they weren't quite ready to break out their party hats (or pocketbooks) for Obama. Said one of the 200 top Hillary backers corralled by the senators last night in DC, “This felt like when your... More »

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 Barack Writes Campaign Check to Hillary

He asks donors to pay Clinton campaign debt

(Newser) - Barack Obama made a personal $4,600 donation to Hillary Clinton's campaign—a gesture to win over her supporters as the Democratic party tries to unify following the divisive campaign for the nomination. Obama told a meeting of 200 top Clinton fundraisers he's encouraging his donors to help pay off... More »

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 Forget the Small-Donor Myth: Big Money Still Rules

Big money men still Obama and McCain's bread and butter

(Newser) - Barack Obama often talks about how much money he’s raised from small donors, even describing it as “a parallel public financing system.” But while Obama has indeed raised record sums from little guys, big donors have kept pace, writes Jay Mandle of the Washington ... More »

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Dems Work to Fuse Fundraising Machines

Two campaigns set to become one as Clinton bows out

(Newser) - The Obama and Clinton campaigns have been working to merge their fundraising machines as Clinton prepares her swan song today, the Wall Street Journal reports. Clinton made a call to her top 50 fundraisers, urging them to get behind Obama and promising a private meeting with the presumed nominee. The... More »

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Superdelegates Rejected $1M 'Deal' From Clinton Donor

Billionaire offered Young Dems big bucks to back Clinton, say sources

(Newser) - A billionaire Clinton backer offered to donate a million bucks to the Democratic Party's unofficial youth arm if its two uncommitted superdelegates endorsed his candidate, sources told the Huffington Post. Entertainment mogul Haim Saban allegedly made his million-dollar proposal to the Young Democrats of America just before the Indiana and... More »

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 Obama Donor
 List Is 'Gigantic'  

Database could make him power broker for decades

(Newser) - Barack Obama’s massive donor and networking list—stuffed with data on 2 million people—will make him a major power broker even if his campaign falters, Bloomberg reports. Unlike past hopefuls, Obama has inspired donors to reveal addresses, phone numbers, and even views on specific issues. "It's gigantic,... More »

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