Posted on 04/26/2010 3:45:07 PM PDT by NormsRevenge
WASHINGTON (Reuters) – The Democratic Party's 2010 congressional election campaign is looking to an elite group of lobbyists for bundled political contributions worth hundreds of thousands of dollars, according to a study released on Monday.
The study by the non-partisan watchdog Center for Public Integrity found that four of the five biggest bundlers of campaign contributions among lobbyists were Democrats who raised a combined $1 million for the Democratic Congressional Campaign Committee alone.
Other beneficiaries were the Democratic Senatorial Campaign Committee, Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi and New York Senator Charles Schumer, the study showed.
Bundlers, who collect large aggregate sums of individual contributions for candidates, national party committees and political action committees, play a major role on the U.S. political landscape, particularly during presidential campaigns.
But only since February 2009 have campaign committees had to disclose their top lobbyist bundlers in filings listed in a Senate database.
All 435 members of the House of Representatives and 36 of the Senate's 100 seats are up for election in November, with Democratic control of both chambers at risk.
The Center for Public Integrity found fundraising records for only 96 of the 14,847 registered federal lobbyists. They raised a combined $6 million in contributions for 63 candidates, PACs and party committees from February through December 2009.
The biggest bundler was Texas Democrat Ben Barnes, who raised $641,950 for the DCCC or more than 70 percent of the campaign committee's total bundled donations between July and December.
Anthony Podesta, brother of former White House Chief of Staff John Podesta, was the second biggest bundler with $394,900 that included donations to the party's House and Senate campaign committees as well as Reid and fellow Senate Democrat Patty Murray.
(Excerpt) Read more at news.yahoo.com ...
Takes a lot of money to grease all the palms in a Regime.
November Can’t Get Here Soon Enough.
You know your government is corrupt when businesses have to bribe politicians to NOT screw them over.
US President Barack Obama speaks at the Presidential Summit on Entrepreneurship at the Ronald Reagan Building in Washington, DC. Obama has announced a string of new educational and entrepreneurial exchanges with Muslim nations, in a bid to honor his promise to forge a new beginning with Islam. (AFP/Saul Loeb)
What would Obama know about entrepreneurship? His only experience with business (which he speaks fondly of) was stealing from his employer as a teenager to gain the approval of his friends.
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