Thompson PAC Benefits Son More Than Republicans

Wall Street Journal ^ | 21 April 2007 | BRODY MULLINS

[shrinkermd]

Management Fees Exceed Political Donations From Tennessee Presidential Hopeful's Account

In the five years since Republican Fred Thompson left the Senate, he has maintained his political fund-raising account -- and it has paid more money to his son than it has contributed to help elect Republicans to Congress, records show.

Mr. Thompson, of Tennessee, announced that he would not seek re-election to the Senate in 2002. But since then, his political action committee has paid $244,000 in "management/consulting fees" to his son's consulting firm in Nashville, according to reports filed with the Federal Election Commission.

During the same period, the Fred D. Thompson PAC donated a total of $225,000 to Republican candidates and party organizations, according to the reports.

...Mrs. Clinton's HILLPAC has paid about $2 million in salaries since 2002, while contributing $2 million to Democratic candidates for office. Mr. Edwards's PAC paid about $1 million in salaries while contributing $200,000 to Democrats when he used it during the 2002 and 2004 elections. Mr. Edwards primarily used his PAC to fund his political career, rather than to contribute to Democratic candidates. Mr. Obama, who only had a PAC for the 2006 election, paid about $500,000 in salaries and donated $770,000 to Democrats.

[Reagan Man]

>>>>>I think you're missing the point.

I'm not missing anything.

This is all much ado about nothing.

[shrinkermd]

That is a real find if it proves to be true. Congratulations! Something not in the MSM but it should be.

[Howlin]

Well, well..............ROFLMAO.

[perfect_rovian_storm]

Yep, Van Hilleary lost the primary to Corker.

http://en.wikipedia.org/wiki/Van_Hilleary

[shrinkermd]

Let me fix it for you too--"politicians who have left office have rights no one else has...they can spend money given to them for their campaign on other things...even their own children..."

Money given to them for one purpose is spent on their families and cronies seems to be the new way to preserve families and win friends.

[FairOpinion]

See 2006 contributions filed Aug. 19, convering July 1 to July 31, 2006, get the pdf, see page 8.

[Extremely Extreme Extremist]

There’s no way Thompson would have contributed to Hillary Clinton. That has got to be a typo of biblical proportions.

[MonTinaGirl]

Somebody screwed up. Open Secrets needs to take that Clinton donation off of his file.

[NeoCaveman]

Well you’ve got significant fixed costs to over come when you have one of these.

Not that I think these PACs are a good thing for anyone, mind you.

[NeoCaveman]

Can someone research and confirm or refute this?

Yes. That's Van Hillary (R-TN), not Hillary Rotten Clinton.

[Clara Lou]

this seems self-serving and not an easy thing to justify
Oh, please. Get real. LOL! You are pretty funny.

[shrinkermd]

Nice work if you can get it:

Daniel Thompson Asso, Ciates, Nashville, TN $8,000 8/15/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $8,000 11/29/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $6,000 12/21/2006 MANAGEMENT/CONSULTING FEE 3MOS

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 1/3/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 1/31/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 3/31/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 5/4/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 5/31/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 8/29/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 10/7/2005 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 1/3/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 1/31/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 3/13/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 5/2/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 6/5/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 7/7/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 7/25/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $4,000 3/2/2005 MANAGEMEN/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $2,000 9/14/2006 MANAGEMENT/CONSULTING FEE

Daniel Thompson Asso, Ciates, Nashville, TN $2,000 10/13/2006 MANAGEMENT

Just what does the PAC of a former Senator do? And why does the PAC have such outrageous fees for "management.?" And what is he managing? Inquiring minds want to know

[Reagan Man]

>>>>>Inquiring minds want to know

More like hysterical minds want to know.

[FairOpinion]

Thanks. After someone mentioned Van Hilleary, I sent a note to the AM asking him to pull my posts based on the erroneous Open Secrets report.

[FairOpinion]

Open Secrets screwed up, when going to the FEC reports, after people pointed out Van Hilleary running in Tennessee, THAT was whose campaign he contributed. That’s why I asked the AM to remove my related posts.

Someone should send a note to Open Secrets and have them make a correction, maybe I’ll send them an e-mail.

[shrinkermd]

I guess you don't have an answer only an ad hominem."

[SE Mom]

Oh believe me- I am sending them an email NOW.

Thanks for having the posts removed.

[shrinkermd]

You corrected someone else’s egregious mistake. Wonderful! FR can’t be beat it would take the NYT three weeks.