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Kerry's Kash
(GregPalast.com, January 20, 2004)
Here is the money behind the new top dog in the Democratic dog pound, John Kerry’s Top Ten Career Patrons calculated by the Center for Public Integrity, Washington.

1. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC, Boston . $223,046
2. Fleet Boston Financial Corp., Boston . . . . . . . . . . . $172,387
3. AOL Time Warner Inc., New York . . . . . . . . . . . . . . $134,960
4. Hale and Dorr LLP, Boston . . . . . . . . . . . . . . . . .$123,258
5. Hill, Holiday, Connors, Cosmopulos Inc., Boston . . . . . .$119,300
6. Harvard University . . . . . . . . . . . . . . . . . . . . $108,700
7. Skadden, Arps, Slate, Meagher & Flom LLP, NY . . . . . . . $105,150
8. Robins, Kaplan, Miller & Ciresi LLP, Minneapolis . . . . . $103,450
9. Goldman Sachs Group Inc., NY . . . . . . . . . . . . . . . $100,000
10. Piper Rudnick, Baltimore . . . . . . . . . . . . . . . . .$ 92,300

Sen. John Kerry also created a soft money committee (Citizen Soldier Fund), which raised approximately $1.35 million in unregulated donations and spent $147,000 in Iowa during the last two years.

From Charles Lewis:
Despite campaign finance reform, 2004 already is and will ultimately be the most expensive election in U.S. history. President George W. Bush has shattered his own astounding 1999 fundraising record and collected $130 million in 2003 - that's more than half a million dollars a day - and his campaign has $99 million in cash on hand with no major Republican primary challenger. Bush's official third quarter cash on hand number of $73 million was more than all of the major Democratic candidates and all of the Democratic national party committees combined ($54 million) through September! . . . There is an especially compelling reason for candidates to make this headlong rush for cash. As we mentioned in the 1996 and 2000 editions of The Buying of the President, the central, most salient, single fact about the White House selection process-a discovery first made by Republican political fundraising consultant Stan Huckaby-is that in every presidential election since 1976, the candidate who has raised the most money at the end of the year preceding the election, and been eligible for federal matching funds, has become his party's nominee for the general election. At midnight on December 31st, it was Carter and Ford who had amassed the most campaign cash in 1975, Carter and Reagan in 1979, Mondale and Reagan in 1983, Dukakis and G.H.W. Bush in 1987, Clinton and Bush in 1991, Clinton and Dole in 1995 and Gore and G.W. Bush in 1999.

posted by LoZo 5:45 PM