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New GOP Group Plans To Spend Millions This Fall

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sufrommich Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-10 09:00 AM
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New GOP Group Plans To Spend Millions This Fall
WASHINGTON — In a campaign season of anti-establishment ferment, some of the Republican Party's best-known insiders are building an ambitious fundraising machine for the fall elections and beyond.

They started with a bang in April, cashing a $1 million check from a Texas oil magnate. After a quiet May, friends and foes are watching to see if the new organization's core group, American Crossroads, can reach its goal of raising $52 million by November.

Karl Rove, who was President George W. Bush's top political strategist, and Ed Gillespie, a former Republican Party chairman and White House aide, modeled their network on successful operations created by Democrats several years ago.

American Crossroads is a 527 organization – named for a section in the tax law – that is exempt from limits on campaign fundraising and spending that apply to party-affiliated groups. It can tap rich conservatives, such as Trevor Rees-Jones, president of Dallas-based Chief Oil and Gas, who chipped in the first $1 million.

But eyebrows rose in political circles when the group filed its next monthly report with the Internal Revenue Service, showing only $200 raised in May.

Steven Law, a former U.S. Chamber of Commerce lawyer and now president of American Crossroads, said the group has about $30 million in pledges that Rove, Gillespie and others secured during recent trips to various cities.

http://www.huffingtonpost.com/2010/06/26/american-crossroads-new-g_n_626591.html


Much has been made about this group only bringing in $250.00. Mark my words, the money will be there when they need it.
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Proud Liberal Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-10 09:07 AM
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1. Can anybody else imagine
all the good that we could be doing for society with all of the thousands and millions raised for candidates/parties simply to win elections? :banghead:

Why aren't all these so-called "compassionate conservatives" out raising money for the poor, homeless, and downtrodden? I thought that they were all about supporting "private charity" (over the government) to help the less fortunate in our society???

*FYI: This post is completely rhetorical.
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