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government selection 2004

Bu$h Raising Campaign Funds From Kerry's Top Contributors

In all, nine of Kerry's top 20 donors favor Bush with their contributions. Kerry's top contributor, Skadden, Arps, Slate, Meagher & Flom, has given nearly $106,000 to his campaign. But the nation's largest law firm has contributed an additional $65,000 to the Bush campaign.
Which Boner Will Win?
Which Boner Will Win?

CONTACT: STEVEN WEISS (202/857-0044 or  editor@capitaleye.org)


President Bush  http://www.opensecrets.org/presidential/summary.asp?ID=N00008072 begins the head-to-head battle for the White House against Sen. John Kerry  http://www.opensecrets.org/presidential/summary.asp?ID=N00000245 with a $100 million advantage in fund raising. For that, Bush can thank his incumbent status, his network of fund-raising Pioneers and Rangers -- and several of the top contributors to the Kerry campaign.

Nearly half of Kerry's biggest financial supporters  http://www.opensecrets.org/pressreleases/2004/BushKerryContribs.asp contributed more money to Bush than to Kerry himself through Jan. 30 of this year, according to the non-partisan Center for Responsive Politics' study of campaign finance reports filed this month with the Federal Election Commission.

The finding is one of many examples of Bush's fund-raising dominance, and it illustrates how much ground Kerry must make up to approach financial parity with the president. Bush raised a total of $145 million for his re-election effort in the first 13 months of the election cycle, dwarfing Kerry's $33 million.

Kerry's third-largest contributor, Citigroup, gave more than $79,000 in individual and PAC contributions to the presumptive Democratic nominee through January. Louis Susman, Citigroup's vice-chairman, is one of Kerry's biggest fund-raisers  http://www.capitaleye.org/inside.asp?ID=110. But the financial services giant gave more than $187,000 to the Bush campaign during the same period, good enough for 12th on the president's list of top contributors.

Goldman Sachs contributed nearly $65,000 to Kerry through January, earning it the No. 6 ranking among Kerry's top givers. But the company's employees and PAC sent Bush nearly $283,000 -- more than four times the amount it gave to Kerry. Goldman Sachs CEO Henry Paulson and managing director George Walker are Bush Pioneers  http://www.capitaleye.org/PRchart.1.14.04.asp who have raised at least $100,000 for the campaign.

Even MassMutual, which ranks among the biggest donors to Kerry over the past 15 years, has contributed more money to Bush than to its home-state senator in the current election cycle. The insurance conglomerate gave $69,000 to Bush through January, compared with slightly more than $50,000 to Kerry. MassMutual CEO Robert O'Connell was a Bush Pioneer in 2000.

In all, nine of Kerry's top 20 donors favor Bush with their contributions. Kerry's top contributor, Skadden, Arps, Slate, Meagher & Flom, has given nearly $106,000 to his campaign. But the nation's largest law firm has contributed an additional $65,000 to the Bush campaign.

Kerry's No. 2 contributor, Robins, Kaplan, Miller & Ciresi, has been far more lopsided in its giving. The trial law firm has contributed nearly $92,000 to Kerry and just $4,000 to Bush. The firm's chairman, Mike Ciresi, is one of Kerry's top fund-raisers.

Two of Kerry's top donors -- Chicago-based Clifford Law Offices and Hill, Holliday, the Boston-based ad firm -- have given no money to Bush. Bob Clifford of the Clifford Law Offices and Hill, Holliday Chairman Jack Connors are top fund-raisers for Kerry.

Half of Kerry's top contributors through January are law firms. Two-thirds of Bush's top contributors represent the financial sector. Bush's No. 1 financial supporter, with nearly $458,000 in individual and PAC contributions, is Merrill Lynch, the financial services firm that has topped the list of the president's contributors since he first began fund-raising last spring. Second among Bush's top donors is PricewaterhouseCoopers with nearly $430,000 in contributions.


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homepage: homepage: http://www.opensecrets.org/pressreleases/2004/PresFRJan.asp

Too poor to buy votes . . . what can I do? 19.Mar.2004 01:26


Anyone remember US Senator Proxmire, Democrat of Wisconsin? He managed to get a real campaign finance reform law enacted a few years back. But the Supreme Court found that it violated free speech rights of the rich, so it was written out of the law as unconstitutional. Is that cute or what?

I guess this is good news about Bush at $145 M and Kerry at $33 M --- considering that it started at Bush at about $100 M and Kerry at maybe $1 M. In Vegas, that computes to odds against Kerry were 100 to 1, but now the odds are almost only 4 to 1 against Kerry. The real problem is that so many people watch television and believe it. The masses are manipulated by television advertising. Except people who are smart enough to see through it, but they mostly are too smart (???) to vote.

The tipping point has occurred 19.Mar.2004 15:08


It doesn't matter that Bush has more money. He will lose. Many people who used to believe his lies do not anymore. And lo and behold the press is more willing to give these people a say. 911 doesn't work in his favor anymore.

As long as voter fraud does not occur on a big level again... If he "wins" the election, people will be more aggressive in investigating voter fraud, as will the press. Sometimes it's all in the timing.