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Born at the Crest of the Empire

Wednesday, April 21, 2010

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.

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 Blogger -epm, at 12:02 PM  

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