fundraising

Investing in the Internet

There is an interesting pair of articles in Business Week contrasting both the fundraising and organizing styles of Sens. Barack Obama and Hillary Clinton as they duke it out for the Democratic presidential nomination. The two campaigns really provide a marked contrast in terms of how they view the engagement of small donors -- and even non-donors -- on the internet and how that has been reflected in their fundraising numbers.

Fundraising Makes Friends of Us All

The Republican presidential primary of 2000 featured a particularly vicious contest between Sen. John McCain and George W. Bush but when it comes to big money, all is forgiven. President Bush has sent his biggest donors and bundlers McCain's way now that McCain is the presumptive frontrunner for the GOP nomination.

Broken Barometer

Gerard Wright at the Syndey Morning Herald raises an eyebrow at the cost of the American presidential race as the estimated cost continues to rise. Zeroing in on the immediate "campign in trouble" outcry after Hillary Clinton loaned her own campaign money the article examines money as a "barometer" of public support.

After Super Tuesday, the race was on to establish financial dominance:

Fundraised Out

Rep. Chris Murphy (D-CT) wrote earlier this week about the enormous amount of time he, as a legislator, must devote to fundraising for his re-election campaign. Further proof of the dominance raising money has come to assume in the lives of members of Congress comes in the form of Rep. Darlene Hooley's (D-OR) announcement today that she will retire from Congress. She cited the demands of fundraising as part of her reason for stepping down.

Super Spendy Tuesday

It's Super Tuesday! Voters in 24 states head to the polls to pick the Republican and Democratic nominees for President but the don't let all this talk of voting distract from what really matters: how much money are these people raising, anyway?

Put Congress Back to Work

This op-ed by Rep. Chris Murphy (D-CT) on brutal chase for campaign money that eats up his time as a legislator ties together many of the themes his colleagues have touched on about the harm such excessive fundraising causes and makes a strong argument in favor of full public financing of congressional campaigns.

House Parties

Into every law a little loophole must fall but in the case of the most recent set of laws limiting lobbyist/lawmaker contact the loophole is a three-storied, red-bricked, bay-windowed monster of a problem with a dollar sign stamped on top. This USA Today article shows why business will go on as usual so long as lobbyists can raise money for lawmakers and pay handsomely for that special access to Congress.

The Season and the Reason

Go read this article and tell me there's a not a relationship between lobbyists donating to members of Congress and getting special access to that Member to talk about whatever policy they're pushing. It's fundraising season and K Street denizens are dusting off their pet projects, opening their wallets, and preparing to digest a lot of rubber chicken.


The Politico
lays the scene:

McConnell Speculation

Kentucky's Courier-Journal and the AP have picked up on our analysis of Sen.

Number Narratives

The big campaign money story to come out of tonight's Iowa caucuses may be the contest between Republicans Mitt Romney and Mike Huckabee. Romney has vastly out-raised and out-spent Huckabee, but polls give Huckabee the edge on public support in Iowa. What are the implications of a contest between these two kinds of candidates for a larger debate on the wealth primary?

Susan Milligan at the Boston Globe lays out the money dynamic at this stage: