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Born at the Crest of the Empire

Wednesday, July 16, 2008

It's easy to cheat when you wrote the law.....

The WSJ has a frontpager today pointing out the way the McCain campaign is getting around the campaign finance laws (the laws he wrote) by using state committees and the RNC to enable the GOP's big donors to give up to $70,000 per individual.

Frankly, this isn't a new revelation, but, when reading about it, I came across this amazing bit on McCain's fundraising at the very pro-Obama Jed Report.
Moreover, based on my own analysis, of that $62.5 million, three-quarters -- $46.3 million -- comes from a total of 1,803 wealthy individuals who made five figure contributions averaging $25,664 each.

That's a small number of people and a large amount of money.

(Take a look at this AP/USAToday piece on a McCain fundraiser in Nebraska where $50,000 buys you a meeting with McCain.)

Later: (USAToday) "More than 500 top McCain fundraisers brought in at least $75.6 million, or about 53% of the presumptive GOP presidential nominee's receipts through June."

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