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Wealthy candidates pour millions into 2022 campaigns
WRAL ^ | 2/20/2022 | David Wright and Eva McKend, CNN

Posted on 02/20/2022 6:56:43 AM PST by Right Wing Vegan

Members of sports team families and business leaders are among those pouring their personal fortunes into campaigns for office in 2022, making an early impact on primary contests for key midterm races.

In Ohio alone, four self-funding candidates have already combined to contribute nearly $30 million to their US Senate campaigns.

Mike Gibbons, a Cleveland-based businessman who made his fortune in real estate and investment banking, has loaned his campaign over $11 million. Matt Dolan, a state senator whose family owns the Cleveland Guardians baseball team, has directly contributed about $8 million to his campaign, and loaned it $2.5 million more.

Bernie Moreno, a car dealer turned tech executive, loaned his campaign about $3.75 million before suspending his bid this month. And former state GOP chair Jane Timken, whose family owns a Canton-based steel company, has loaned her campaign about $3.5 million.

The flood of money has produced a deluge of advertising in the competitive Republican Senate primary in Ohio. Through the second week of February, Buckeye State voters had already seen over $15 million worth of TV ads. Nearly $10 million more has been reserved through the date of the primary, still months away on May 3.

And Ohio isn't the only state where self-funding candidates are influencing key Senate primaries.

(Excerpt) Read more at wral.com ...


TOPICS: News/Current Events; Politics/Elections
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1 posted on 02/20/2022 6:56:43 AM PST by Right Wing Vegan
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To: Right Wing Vegan

Being a politician is a good investment.


2 posted on 02/20/2022 6:59:14 AM PST by Old Yeller (A nation of sheep, produces a government of wolves.)
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To: Old Yeller

buying a politician is a good investment.


3 posted on 02/20/2022 7:10:55 AM PST by Wilhelm Tell (True or False? This is not a tag line.)
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To: Wilhelm Tell

They got the money we got the votes. What’s the problem?


4 posted on 02/20/2022 7:15:43 AM PST by DIRTYSECRET
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To: Old Yeller

Yes, it has proven to be very lucrative at the expense of the citizens.


5 posted on 02/20/2022 7:36:10 AM PST by Parmy
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To: Right Wing Vegan

Spending their own money I have no problem with.

Its the ones in office who make more money from the sale of their office that I have a problem with.

I’d be in favor of raising salaries of elected officials if it actually prevented corruption, but I don’t see that being the case. Someone who already has wealth is probably less corruptible.


6 posted on 02/20/2022 8:07:09 AM PST by Bayard
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