RNC finances suffer from loss of major donors: 2012 looking sad for GOP

[shintao]

Well, I don't know where to begin. LMAO!! But this defininately is the death kneel come early for the RNC/GOP hopes in 2012. Snicker, snicker.............

Hundreds of major donors have abandoned the Republican National Committee, leaving it $20 million in debt and threatening its future as a central player in the 2012 presidential election.

The RNC raised just $7 million from major donors for the midterm elections, one sixth as much as it brought in for the previous midterms, in 2006. By contrast, the Democratic National Committee raised $38 million from large donors for last fall's midterms, three times as much as for the 2006 elections, according to a Washington Post analysis of donor records.

"You can't even dream of winning in 2012 with that kind of operation," said John Dowd, a Washington lawyer and longtime RNC donor who decided against contributing in the past two years because of the "mess" at the party. "As long as it's in that kind of shape, I can't even think of giving."

RNC finances suffer from loss of major donors

 

[GHook93]

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least some of those donors decided to give instead to newly formed conservative interest groups, which increased their share of Republican fundraising in the midterms.

Among those donors is Donald Carter, Texas businessman and founder of the Dallas Mavericks NBA franchise, who gave at least $25,000 to the RNC each year from 2004 to 2008. In October, Carter gave $10,000 to American Crossroads, a group founded with support from George W. Bush administration political adviser Karl Rove.

Carter did not return calls seeking comment.

"Major donors are sophisticated," said Mike Duncan, who chaired the RNC during the 2008 elections. "They understand they have a choice."

midterms saw a powerful shift of influence from the RNC to interest groups such as American Crossroads, which raised $70 million, more than any other advocacy organization. It was among a number of groups that formed after Supreme Court decisions lifted restrictions on spending. At least some of the new interest groups can shield the identities of donors while fielding hard-hitting campaign ads.

Dowd, a lawyer at Akin Gump, gave $15,000

 

[Modbert]

The corporations and special interest groups will make up the difference as they did in the last election.

Republican "SuperPAC" American Crossroads Raised $24 Million in Seven Months, Report Shows - Political Hotsheet - CBS News

It may be the highest-profile "SuperPAC" to emerge in the public eye since the Supreme Court opened up campaign finance rules: American Crossroads. According to records filed yesterday, as analyzed by "Open Secrets," the group raised an incredible $24 million in just seven months.

The giant haul was made possible to Supreme Court changes in campaign finance rules which allow some groups to raise unlimited contributions. American Crossroads is led by Steven Law. Also on his resume: he was "chief legal officer and general counsel" for the Chamber of Commerce.

* SwiftBoat Supporter Bob Perry has given $7 million, which is 47% of the group's total

* TRT Holdings of Texas and its CEO have together given $5 million

* The head of Public Storage has given $2.55 million this year

* Donald Trump donated $50,000 on Oct. 13

 

[Truthmatters]

Reince Priebus may change things

 

[Modbert]

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least some of those donors decided to give instead to newly formed conservative interest groups, which increased their share of Republican fundraising in the midterms.

Among those donors is Donald Carter, Texas businessman and founder of the Dallas Mavericks NBA franchise, who gave at least $25,000 to the RNC each year from 2004 to 2008. In October, Carter gave $10,000 to American Crossroads, a group founded with support from George W. Bush administration political adviser Karl Rove.

Carter did not return calls seeking comment.

"Major donors are sophisticated," said Mike Duncan, who chaired the RNC during the 2008 elections. "They understand they have a choice."

midterms saw a powerful shift of influence from the RNC to interest groups such as American Crossroads, which raised $70 million, more than any other advocacy organization. It was among a number of groups that formed after Supreme Court decisions lifted restrictions on spending. At least some of the new interest groups can shield the identities of donors while fielding hard-hitting campaign ads.

Dowd, a lawyer at Akin Gump, gave $15,000

And by shielding their donors, they mean protect the Corporate interests who are financing these candidates.

 

[shintao]

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least some of those donors decided to give instead to newly formed conservative interest groups, which increased their share of Republican fundraising in the midterms.

Among those donors is Donald Carter, Texas businessman and founder of the Dallas Mavericks NBA franchise, who gave at least $25,000 to the RNC each year from 2004 to 2008. In October, Carter gave $10,000 to American Crossroads, a group founded with support from George W. Bush administration political adviser Karl Rove.

Carter did not return calls seeking comment.

"Major donors are sophisticated," said Mike Duncan, who chaired the RNC during the 2008 elections. "They understand they have a choice."

midterms saw a powerful shift of influence from the RNC to interest groups such as American Crossroads, which raised $70 million, more than any other advocacy organization. It was among a number of groups that formed after Supreme Court decisions lifted restrictions on spending. At least some of the new interest groups can shield the identities of donors while fielding hard-hitting campaign ads.

Dowd, a lawyer at Akin Gump, gave $15,000

Wish you luck with that. As of today I think RNC Steele is toast, so maybe you will get a turn around under new leadership?

 

[shintao]

The corporations and special interest groups will make up the difference as they did in the last election.

Republican "SuperPAC" American Crossroads Raised $24 Million in Seven Months, Report Shows - Political Hotsheet - CBS News

It may be the highest-profile "SuperPAC" to emerge in the public eye since the Supreme Court opened up campaign finance rules: American Crossroads. According to records filed yesterday, as analyzed by "Open Secrets," the group raised an incredible $24 million in just seven months.

The giant haul was made possible to Supreme Court changes in campaign finance rules which allow some groups to raise unlimited contributions. American Crossroads is led by Steven Law. Also on his resume: he was "chief legal officer and general counsel" for the Chamber of Commerce.

* SwiftBoat Supporter Bob Perry has given $7 million, which is 47% of the group's total

* TRT Holdings of Texas and its CEO have together given $5 million

* The head of Public Storage has given $2.55 million this year

* Donald Trump donated $50,000 on Oct. 13

Sounds like you have donors, just not to the RNC.

 

[shintao]

Reince Priebus may change things

I think many of the reasons major donors walked had more to do with republican actions, and not with Steele's leadership? Their majors were jumping ship back in the Bush era. The spending campaign funds in strip joints was a RNC error on Steele.

 

[Jackson]

DNC is in debt $4.6 million...March, 2010.

 

[Mr. Shaman]

RNC finances suffer from loss of major donors: 2012 looking sad for GOP

....And, things have gotten progressively-worse.....​

March 8, 2012

GOP Presidential Candidates
"Would Take Women Back Decades"​

 

[TruthSeeker56]

Well, I don't know where to begin. LMAO!! But this defininately is the death kneel come early for the RNC/GOP hopes in 2012. Snicker, snicker.............

Hundreds of major donors have abandoned the Republican National Committee, leaving it $20 million in debt and threatening its future as a central player in the 2012 presidential election.

The RNC raised just $7 million from major donors for the midterm elections, one sixth as much as it brought in for the previous midterms, in 2006. By contrast, the Democratic National Committee raised $38 million from large donors for last fall's midterms, three times as much as for the 2006 elections, according to a Washington Post analysis of donor records.

"You can't even dream of winning in 2012 with that kind of operation," said John Dowd, a Washington lawyer and longtime RNC donor who decided against contributing in the past two years because of the "mess" at the party. "As long as it's in that kind of shape, I can't even think of giving."

RNC finances suffer from loss of major donors

Is this the BEST you can do? The "fall midterm elections" happened in 2010, and I seem to recall that the Republicans KICKED ASS and seized control of the U.S. House.

Try staying more current. Take a look at the donors that Obama has been losing, and the multi-million dollar SHORTFALL in campaign donations that the Obamanistas are scrambling to overcome.