political fundraising

Stories 101 - 120 | << Prev   Next >>

Gingrich's PAC Isn't Exactly Raking in Cash

It's pulled in just $53,000 this year

(Newser) - Newt Gingrich’s political action committee has raised a paltry $53,000 so far this year, according to the latest FEC numbers, and Politico sees that as a troubling sign for the would-be candidate. Sure, Gingrich’s 527 group American Solutions for Winning the Future has pulled in tens of...

GOP Fundraiser Indicted in $200M Ponzi Scheme

Timothy Durham allegedly defrauded more than 5,000 people

(Newser) - Prominent GOP fundraiser Timothy Durham was arrested early this morning on allegations that he’d defrauded more than 5,000 people out of more than $200 million in a giant Ponzi scheme, the New York Times reports. The 48-year-old West Hollywood man also donated more than $800,000 to the...

Obama Cranks Up the 2012 Money Machine

Donors asked to give $61,600 annually to DNC

(Newser) - Some of Barack Obama’s top operatives have embarked on a cross-country “listening tour,” pumping top donors for big 2012 donations, Politico reports. They’re asking donors who maxed out on donations to Obama and Hillary Clinton in 2008 to join a new “National Finance Council,”...

'Tea Party Patriots' Starting to Look Like Lobbyists

Tea Partiers start to criticize major group

(Newser) - The Tea Party Patriots may have started out as a grass roots group, but a growing number of critics say the group is starting to look a lot more like a standard-issue Beltway lobbying outfit, according to an investigation from liberal site Mother Jones . The group has accepted large donations...

Koch Brothers Leap Into PR War

Brothers Charles and David step out of the shadows

(Newser) - Thrust into the spotlight after years of operating in the political shadows, Charles and David Koch are fighting back, Politico reports. They’ve hired a crack PR team that has worked with GOP heavy hitters like Sarah Palin and Arnold Schwarzenegger, and encouraged attendees of their uber-secret fundraising meeting to...

Japanese Party Honcho Indicted

Divisive decision could push Japan toward new election

(Newser) - The man behind the Japanese ruling party’s historic 2009 victory has been indicted for misreporting political funds. The move could expand divisions among members of the Democratic Party of Japan and help drive the opposition’s push for a new election, the New York Times reports. Ichiro Ozawa may...

Christine O'Donnell Starts a PAC

It's unclear what 'ChristinePAC' intends to do

(Newser) - Christine O’Donnell has taken her Sarah Palin mini-me act to its next logical level, filing paperwork to form a political action committee called ChristinePAC. The group will allow America’s favorite non-witch to remain involved in politics, much as SarahPAC does for Palin, the New York Times observes. It’...

GOP Frosh: Screw Populism, Let's Throw Swank Party!

Furious John Boehner will not attend

(Newser) - John Boehner is not pleased with the kids: While the speaker-elect might prefer his caucus stick to the populist message that won them the House, on the eve of taking it over, a dozen freshman Republicans are throwing a lavish DC fundraiser headlined by LeAnn Rimes. For $2,500, Politico...

Soft Fundraising, Waste Leaves RNC $25M in Hole

Operating costs ate up majority of donations

(Newser) - The Republican National Committee is deep in the hole—the organizing body will enter the 2012 election cycle between $20 million and $25 million dollars in debt, the Washington Times reports. That's possibly the biggest running deficit a national committee has had going into a major election, says one operative....

Moaning Democrats Actually Outspending Republicans

Outside groups can't make up for party advantages

(Newser) - Democrats have been playing the financial victim lately, bemoaning the cash outside groups are throwing at Republicans. Which is kind of ironic, because the truth is that Democrats are outspending Republicans—even if you take those outside groups into account. Democratic campaign committees and left-leaning outside groups have spent a...

Angle: I Make a Ton of Money on Fox News

And Rush Limbaugh appearance turned into $236K, she boasts

(Newser) - Remember when Sharron Angle said she only wanted to talk to the media if it was a “ friend ”? Now we know why. At a house party this month, Angle was caught on tape bragging about how much money she could make off Fox viewers and Rush Limbaugh...

Koch: I'm Not the Tea Party's Secret Sugar Daddy

David Koch refutes New Yorker profile

(Newser) - Jane Mayer’s New Yorker piece accusing David and Charles Koch of secretly funding the Tea Party and loads of other shadowy conservative groups has created lots of buzz, but David Koch says it’s all hogwash. “If what I and my brother believe in, and advocate for, is...

What Recession? Candidates Spend Like Mad

Supreme Court ruling allows record-setting money bonanza

(Newser) - Politics looks like a recession-proof industry. With campaign finance rules gutted by the Supreme Court, money is flooding into this year’s election. House and Senate candidates have raised $1.2 billion so far, putting them on a record-setting pace. Gubernatorial races are just as pricey; Meg Whitman alone has...

RNC Has Only $5.5M Left for Midterms

It raises worries about get-out-the-vote push

(Newser) - With Republicans giddy about their prospects in the midterm elections, the national committee should be rolling in cash, right? Not so much. The RNC has the relatively small sum of $5.5 million in hand for the critical final stretch, about half the amount of the Democrats' national group, reports...

The Real 2010 Battle: Governors' Races

Parties jockey for positioning ahead of 2012

(Newser) - Most of the hyperventilating surrounding the 2010 election has focused on who will control Congress, but Washington seems a lot more interested in who will win the governor races—all 37 of them. Both parties are spending like mad on these races, the New York Times reports, because who wins...

The Tea Party Is Broke
 The Tea Party Is Broke 
Aug 9, 2010 7:07 AM CDT

The Tea Party Is Broke

Movement good at protesting, lousy at fundraising

(Newser) - The Tea Party movement has a lot of passion, but it doesn’t have much money to back it up, which could doom its ambition to play a major role in American politics. The activists haven’t been able to pull in any wealthy donors, and the rank-and-file protesters view...

Rich Candidates Flock to 2010 Election

Parties purposely recruit those with deep pockets

(Newser) - The 2010 election is seeing an unusual number of deep-pocketed newcomers step into the ring, self-financing their own campaigns. Of the $657 million raised so far by all candidates, 11% came from their own pockets, Politico reports, up from 6% in 2006. Among Republican House candidates, that number jumps to...

Whitman Spending Hits $99M
 Whitman Spending Hits $99M 
Aug 3, 2010 8:12 AM CDT

Whitman Spending Hits $99M

In what could be priciest gubernatorial race ever

(Newser) - Billionaire Republican Meg Whitman reported yesterday that she has spent more than $99 million in her quest to become California's governor, including $71 million just to win the Republican primary. Democrat Jerry Brown, who didn't have a serious primary opponent, has spent just $450,000, plus $324,000 in donated...

Rove Group's Only Donors: Billionaires

American Crossroads says it's a 'grassroots' organization

(Newser) - Need proof that the term “grassroots” has become a meaningless political buzzword? Karl Rove’s American Crossroads group, which has occasionally used the term, is funded almost exclusively by four billionaires, according to Salon . And two of the four made their money in the oil and gas industry. It’...

Rove's Fundraising Group Pulls In Just $200

No, we're not missing any zeros

(Newser) - Remember that big scary “shadow RNC” Karl Rove and Ed Gillespie cooked up to lure the big GOP donors scared off by Michael Steele? It’s not going so well. The group, dubbed American Crossroads, raised just $200 last month, according to a report filed with the IRS—and...

Stories 101 - 120 | << Prev   Next >>