General disgust
The WaPo has an article looking at the fundraising practices for the RNC and DNC, and concludes that their fundraising overhead is extremely high. (59% for the DNC and 68% for the RNC.)
Now, it's gotta be said that these are not standard non-profits as they do more than just distribue money, and that the parties serve as parking places and resume builders for iinsiders, but for donors, 59% and 68% look pretty damn high when only $3 or $4 of your $10 donation ends up directly in a political race.
(Curious thought: Does this make Michael Steele look better or worse?)
Related: The RNC's Hawaii retreat last quarter cost $430,000 for three days, more than they will dole out to most House races.
Now, it's gotta be said that these are not standard non-profits as they do more than just distribue money, and that the parties serve as parking places and resume builders for iinsiders, but for donors, 59% and 68% look pretty damn high when only $3 or $4 of your $10 donation ends up directly in a political race.
(Curious thought: Does this make Michael Steele look better or worse?)
Related: The RNC's Hawaii retreat last quarter cost $430,000 for three days, more than they will dole out to most House races.
posted by mikevotes at
6:34 AM
1 Comments:
While I don't contribute to national party committees for other reasons, this is more reason for one to target their political contributions with a little forethought.
By
-epm, at 12:02 PM
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