Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bloomberg News: Not all Republicans "are opening their wallets to a McCain presidential run"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-15-08 10:23 AM
Original message
Bloomberg News: Not all Republicans "are opening their wallets to a McCain presidential run"

http://www.bloomberg.com/apps/news?pid=20601070&sid=aRCVqfSQ43Eo&refer=politics

Aug. 15 (Bloomberg) -- John McCain's presidential campaign lacks the support of several Republican-leaning industries central to President George W. Bush's record-setting fundraising four years ago.

Democrat Barack Obama has captured $9.6 million in donations from employees working for securities, mortgage and drug companies, compared with McCain's $6.6 million. In 2004, people in those industries gave $10.6 million to Bush and $5.4 million to Democratic nominee John Kerry, according to the Center for Responsive Politics, a research group in Washington.

McCain's inability to match Bush's performance in attracting traditional Republican donors illustrates the fundraising gap between the candidates. Obama is seeking to bring in double or triple the $84.1 million in federal funds that McCain will have to spend in the final two months before the Nov. 4 election. In June, Obama declined to accept public financing, which caps his spending at the federal allotment.

Not all Republicans ``are opening their wallets to a McCain presidential run,'' said Mallory Factor, a banker who co-hosts a weekly meeting of conservatives in New York and raised more than $1 million for Bush and his party four years ago.

Some Republicans who ``support certain principles'' are shunning McCain, Factor said, citing the Arizona senator's initial opposition to Bush's tax cuts and his authorship of a campaign-finance law opposed by many in his party.
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC