Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Rich donors have blown $200 million on failed candidates so far
Yahoo Finance ^ | March 16,2016 | Rick Newman

Posted on 03/16/2016 5:06:04 PM PDT by Hojczyk

If you’ve got money to burn, get into politics—as a donor giving millions to the big-money groups known as super PACs.

Rich donors have transformed politics since the 2010 Citizens United Supreme Court decision cleared the way for unlimited spending on behalf of favored candidates. Super PACs spent $609 million in the 2012 presidential election, with even greater spending expected in 2016. Most candidates feel it’s essential to woo 1 per centers and spend considerable time persuading them to give big.

But a fat bank account doesn’t automatically buy victory, a lesson being hammered into wealthy donors this year. Wisconsin Gov. Scott Walker was one early favorite of big donors—especially Wall Streeters—yet he flamed out last August months before voting ever began. Jeb Bush raised more super PAC money than anyone, yet he quit in February without winning a single primary. Many rich donors then turned to Marco Rubio, who won just one state—Minnesota—before he bailed out on March 15.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: 2016gopprimary; donors; fundraising; superpacs
Navigation: use the links below to view more comments.
first 1-2021-25 next last

1 posted on 03/16/2016 5:06:04 PM PDT by Hojczyk
[ Post Reply | Private Reply | View Replies]

To: Hojczyk

There are many with way more money than brains.


2 posted on 03/16/2016 5:06:50 PM PDT by EagleUSA
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Good news.... Advertising Wonks are now great credit risks.... look at all that cash flowing through their accounts...


3 posted on 03/16/2016 5:07:10 PM PDT by ptsal
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

http://finance.yahoo.com/news/rich-political-donors-have-blown—200-million-on-failed-candidates-172041720.html

Full list above

Bush 31 m

Carson 54 m

Rubio 40 m


4 posted on 03/16/2016 5:08:31 PM PDT by Hojczyk
[ Post Reply | Private Reply | To 1 | View Replies]

To: EagleUSA

These rich donors....they just can’t buy good help anymore!


5 posted on 03/16/2016 5:10:03 PM PDT by grania
[ Post Reply | Private Reply | To 2 | View Replies]

To: Hojczyk
Yeah but they will still make hundreds of billions feeding off the taxpayers so politicians are still the best investment money can buy.
6 posted on 03/16/2016 5:10:14 PM PDT by Vince Ferrer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Chump change to The Cheap Labor Express

They will spend whatever it takes to keep us from electing anyone who would stop them from flooding the country with fraudulently documented foreigners.


7 posted on 03/16/2016 5:11:31 PM PDT by Lurkinanloomin (Know Islam, No peace - No Islam, Know Peace)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ptsal
Good news.... Advertising Wonks are now great credit risks.... look at all that cash flowing through their accounts...

The bulk of the money goes to the media, not the agencies. Spot GRPs are through the roof in election season. Which not only hits the candidates but all of the regular businesses that advertise without long term contracts too.

8 posted on 03/16/2016 5:11:51 PM PDT by from occupied ga (Your government is your most dangerThen ous enemy)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Hojczyk

It makes me so happy to see all the globalist dollars going down the toilet.

Time to MAKE AMERICA GREAT AGAIN!


9 posted on 03/16/2016 5:12:14 PM PDT by 20yearsofinternet (Border: Close it. Illegals: Deport. Muslims: Ban 'em. Economy: Liberate it. PC: Kill it. Trump 2016)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Wish I owned a TV or radio station. LOL


10 posted on 03/16/2016 5:13:21 PM PDT by 2ndDivisionVet
[ Post Reply | Private Reply | To 1 | View Replies]


11 posted on 03/16/2016 5:14:40 PM PDT by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

Not many people realize that for EACH time the US government processes a single H1B worker, the US government gets paid $5,000:

The foreign worker benefits, the agency that places him benefits, and the US government also benefits.

$5,000 EACH TIME.


12 posted on 03/16/2016 5:14:48 PM PDT by gaijin
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk
How do you know they were failed? You may not know the donor's motive.

For example, if someone donated to one of the candidates who dropped out to prevent Cruz from winning, maybe they consider it money well spent?

13 posted on 03/16/2016 5:24:20 PM PDT by nickcarraway
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

If this is how they invest their money, then that says a lot about their business acumen.


14 posted on 03/16/2016 5:24:41 PM PDT by SteelToe
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

A gold-plated banana republic. Nice.


15 posted on 03/16/2016 5:31:56 PM PDT by Wolfie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Wolfie

America - the gold plated banana republic. Fabuloso! Thanks!


16 posted on 03/16/2016 5:39:15 PM PDT by AndyJackson
[ Post Reply | Private Reply | To 15 | View Replies]

Hah these amnesty loving scum deserve this


17 posted on 03/16/2016 5:44:36 PM PDT by The Right wing Infidel
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

notice how yahoo left Trump off the list because they didn’t want to show “0” for PAC spending?


18 posted on 03/16/2016 5:52:48 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk

You been played by the consultant class.


19 posted on 03/16/2016 6:05:43 PM PDT by ImJustAnotherOkie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hojczyk
Blown it? HA! They just redistributed it as, and to whom, they chose instead of letting the government do it.
20 posted on 03/16/2016 6:24:33 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamiin Franklin)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-25 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson