Posted on 04/18/2015 6:19:07 AM PDT by SeekAndFind
Less than a week after announcing his 2016 campaign for president, Republican Senator Marco Rubio of Florida doesn't need to worry about money.
It's as good as in the bank.
"Marco Rubio will have the resources necessary to run a first-class campaign, that’s already been determined," said billionaire Florida auto dealer Norman Braman, a former Jeb Bush supporter who is now one of Rubio's highest-silhouette donors.
Annandale Capital founder George Seay, who is hosting a Rubio fundraiser with the moneyed Dallas elite at his 7,000-square-foot, seven-bath home on Tuesday, said: "Marco has had zero trouble raising money."
At least seven other Rubio mega donors say their candidate has already received monetary commitments in excess of the $40 million he will likely need to battle through a presidential primary season that will feature a crowd of seasoned Republican candidates with strong financial backing.
Rubio’s whirlwind money-raising comes after a network of Senator Ted Cruz super PACs raked in $31 million following Cruz's announcement in March that he was seeking the Republican presidential nomination.
The breakneck pace of the 2016 fundraising, most notably characterized by former Florida Governor Jeb Bush's reputed aim to raise $100 million, is emblematic of how much the Supreme Court's 2010 Citizens United decision unleashed an era of unfettered political spending by for-profit corporations and the rich, altering the financial calculus of campaigns.
At a time when a band of billionaires can single-handedly bankroll the politician of their choice through a super PAC, in some ways it's never been easier to raise money, signaling a phase that campaign-finance reformers fear will further concentrate political power in the hands of the deep-pocketed few.
(Excerpt) Read more at reuters.com ...
Agreed, the immigration thing is where I got turned off.
He could have $3 billion. It won’t matter unless he changes his stupid ass tax plan.
Thanks! I’m still trying to drop the Ebonics, and am attempting to learn to write properly.
From Jeb to Marco, gotta keep that amnesty dream alive......we’ve got cars to sell!
said billionaire Florida auto dealer Norman Braman, a former Jeb Bush supporterThat is something that caught my eye as well. It's a telling sign, no doubt.arthurus: That says all one needs to know about Mr.Rubio.
Cruz's chief fundraiser, Lauren Lofstrom, has acknowledged that they won't get Jeb's donors, but are bringing aboard impressive major donors that were courted by Walker, Rubio, Perry and Carson. Surprisingly, Cruz has poached a prominent donor, Stan Herzog, that formerly contributed substantially to Walker's gubernatorial bids.
There is a fascinating article posted at FR filled with information from inside the Cruz campaign reporting about this >>> Ted Cruz's serious --- and seriously underestimated --- fundraising machine
I wonder how much of that is hype to overshadow Cruz having $34 million last week?That is a very valid observation and you should be skeptical when it comes to political fundraising gamesmanship. The proof will be in the next quarterly reports from the Super PACs to the FEC, but they aren't due until mid July. There are at least four Super PACs friendly to Cruz and created after he announced that will be reporting (Keep the Promise PAC, Keep the Promise I/II/III).
I am an avid Cruz supporter, it is hard for me to donate much to his campaign but have committed to a monthly amount, it looks like I’m going to have to find away to double down, it is a most worthwhile sacrifice, I know in my gut Cruz will stand with and for “We The People” he must win; IMO there is no other choice any 2d choice is inferior and will fall far short of what we need.
It is imperative that we elect a President in 2016 who will reclaim the Constitution and Bill of Rights.
More than you imagine, the Cruz campaign greatly appreciates all the support shown by tens of thousands of courageous and patriotic conservatives like you, giving what they can in money and time. My contributions are on "monthly Cruz control" as well.
Others can help here:
https://www.tedcruz.org/donate/
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