 Ever wonder how political candidates receive funding from “big money” sources such as corporations? Well Gerald Seib of the Capital Journal/Wall Street Journal has explored this focus in his article discussing the leading GOP candidates and how well they’re funded. The inset about the “Money Trail” is amazing- especially regarding former Gov Mike Huckabee. No wonder he’s not a GOP darling- and he’s practically received nothing from any establishment donors.
The Center for Responsible Politics (OpenSecrets.org) has a great website that shows all Presidential candidates fund-raising efforts to date.
The differences for the GOP candidates through September, 2007 are staggering. For totals among Commercial banks, Hedge funds and Private Equity groups, Insurance companies, Pharmaceutical and Heath companies, Oil and Gas, and Securities and Investment firms:
 Total from the six industry groups:
Giuliani: $7,476,950
Romney: $6,308,613
McCain: $3,202,569
Huckabee: $146,727
Source: WSJ and Center for Responsive Politics.
The numbers may have changed of late, and I suspect both Sen McCain and Gov Huckabee are doing a little better these days. I really think some candidates have more credibility when it comes to saying who they’re taking money from. What Gov Huckabee has accomplished to date is amazing. I don’t have the same numbers for the Democratic side beyond total fundraising above. But I’m sure the money flow is centered on Sen Obama and Sen Clinton. I don’t know about you, but I’m ready for a little change as well!
Sphere: Related ContentNo comment - Post a comment
« Markets, Outlooks and Elections | Shedding Higher Rates and Weight! »
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
