2016 Postmortem
Related: About this forumK Street betting on Hillary
K Street is banking on Hillary Clinton, with more than twice as many Washington lobbyists donating to the former secretary of States presidential campaign than any other candidate.While many lobbyists are holding their pocketbooks in the early stages of the 2016 election cycle, Clinton the frontrunner for the Democratic nomination received at least $625,703 from 316 registered lobbyists and corporate PACs during the first half of the year, according to disclosure forms.
Shes going at it for the second time, and there is a list of people who are very committed to her from eight years ago, said Al Motteur, senior Democratic lobbyist at Brownstein Hyatt Farber Schreck and longtime Clinton supporter. Motteur has not only given to the campaign, but is also bundling cash from other donors.
Former Florida Gov. Jeb Bush ranks as a distant second in the influence industry, collecting $444,500 from 140 lobbyists.
Source: The Hill
http://thehill.com/business-a-lobbying/251456-k-street-betting-on-hillary
KansDem
(28,498 posts)99th_Monkey
(19,326 posts)KansDem
(28,498 posts)Therefore, back someone who they believe will win and represent their interests.
Remember the "K-Street Project?" --
Shortly after the 1994 elections which gave a majority of seats to Republican candidates, DeLay called prominent Washington lobbyists into his office. He had pulled the public records of political contributions that they made to Democrats and Republicans. According to Texans for Public Justice, "he reminded them that Republicans were in charge and their political giving had better reflect thator else. The "or else" was a threat to cut off access to the Republican House leadership."[1]
The project is named for K Street in Washington, D.C., where the largest lobbying firms once had their headquarters. Lobbyists are, in some circles, referred to as the "fourth branch of government," as some have great influence in U.S. national politics due to their monetary resources and the "revolving-door" practice of hiring former government officials. It is widely believed to be common practice for politicians to solicit money from lobbying firms in exchange for better access to officials, especially members of the United States Congress, and to buy favoritism in policies[source?].
Candidates seeking to succeed DeLay as majority leader sought to distance themselves from the project, and as of January 15, 2006, all three announced candidates had vowed to dismantle it and overhaul the lobbying process. The fundamental quid pro quo at the center of the K Street Project -- the withholding of policy favors from interest groups and lobbying firms that hire Republicans -- is now illegal: the Honest Leadership and Open Government Act of 2007, Sec 102, bans members of Congress and staffers from using their political power to influence the employment decision of any private entity "on the basis of partisan political affiliation".[2]
Wikipedia
blm
(113,044 posts)knew would not win and that YOU didn't expect to win?
Rupert Murdoch donated to Kerry for the imagery only, so no one could CLAIM Murdoch was personally biased against him - only cost him a couple thousand for that 'protection' while he and the GOP used billions of dollars worth of airtime to attack Kerry at every turn. Hedging for real or for show happens in every cycle.
Not sure how old you are, but, are you new to presidential campaign financing? Had Bernie run in an earlier election his numbers would surpass most Republican candidates running now, too.
And, just to be clear, Common Sense Sanders is my primary vote.
99th_Monkey
(19,326 posts)and hedge their bets as well. I didn't just fall off the turnip truck. duh.
What I find troubling -- even alarming -- is how utterly 'bought' our Democratic front-runner is;
and how this glaring fact doesn't seem to concern her supporters whatsoever.
No wonder Bernie decided to run, bless his big heart.
blm
(113,044 posts)than most Republican candidates.
I don't PLAY the 'numbers tell the story' game. Context is everything. And so are TIMELINES.
mmonk
(52,589 posts)We the people, not so much, just Bernie and a clean conscience.