"Big Donors Fear Shakedown After Supreme Court Decision" (poor babies)

[applegrove]

Big Donors Fear Shakedown After Supreme Court Decision


By ANNA PALMER and TARINI PARTI at Politico

http://www.politico.com/story/2014/04/supreme-court-campaign-finance-donations-mccutcheon-105320.html?google_editors_picks=true

"SNIP..................


“I’m horrified, planning to de-list my phone number and destroy my email address,” said Ken Kies, who, along with his wife, has bumped up against the federal political contribution limits. “What I was really hoping for is a ban on lobbyists making contributions entirely.”

While it’s an open question how much new money will come in, it’s certain some will — and insiders are eager to make sure it greases the Washington economy.

“I’m poor again as a result,” joked Tony Podesta, a top lobbyist and major donor who is among the small number of K-Streeters who contribute nearly the maximum amount to candidates each election cycle. “The fundraising consultants are the only winner in today’s decision.”

Podesta said for those donors, the new rule “eliminates an excuse that people have to say I’m done for the cycle and I can’t do anymore, which means that people who do max out will end up giving more money than they used to to candidates.”


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[applegrove]

1. The knights were forever shaken down by the kings too.