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| Bob Perry News, Republican Swift Boat Financier Bobby Jack "Bob" Perry News |
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BOB PERRY News:"Swift Boat Vet Financier Dumping Huge Money Into Key Senate Race." ... "[Texas Republican] Bob Perry, the wealthy businessman who bankrolled the Swift Boat Veterans For Truth to the tune of several million dollars, has a new cause: He's lavishing huge funds on the conservative group Club for Growth, which is in turn putting big money behind GOP [GOP=Grand Old Party=Republican] candidates in key Senate races." ... "Perry has just plowed a whopping $400,000 into the coffers of the Club for Growth, the big right-wing group that advocates for conservative economic policies, the latest FEC [Federal Election Commission] records show." ... "Club For Growth, in turn, is now spending about $227,000 of that money to air an attack ad in Colorado against [Colorado Democratic Senate Candidate] Mark Udall, who is the presumptive Dem nominee is going up against scandal-plagued [Colorado Republican] GOP Senate candidate Bob Schaffer." -By Greg Sargent and Eric Kleefeld -ElectionCentral - TalkingPointsMemo.com "McCain Allies Find Finance-Law Holes: Governors' Fund Recruits Big Donors; Bid to Catch Obama." ... "Allies of [2008 Election Republican Presidential Candidate and Arizona Senator] Sen. John McCain have found new loopholes in the campaign-finance law he helped write -- and they're using them to reel in huge contributions to help him compete with [2008 Election Democratic Presidential Candidate and Illinois Senator] Sen. Barack Obama." ... "In one method, a Republican Party fund aimed at electing governors has started marketing itself as a home for contributions of unlimited size to help Sen. McCain. His 2002 campaign law limits donations to presidential races to try to curtail the influence of wealth." ... "The Republican Governors Association isn't subject to those limits, and has long gathered up large donations from individuals and companies. Now it is telling donors it can use their contributions to benefit Sen. McCain in some key battleground states." ... "Altogether, individuals can give $108,000 to federal campaigns within each two-year election cycle." ... "Donors with deep pockets also can avoid limits completely by contributing to groups called 527 organizations, after a provision in the tax code." ... "The [Republican] governors group counts a number of large corporations among its donors, including WellPoint Inc. [Incorporated] at $200,000, and Pfizer Inc. [Incorporated], Bank of America Corp. [Corporation] and Travelers Cos. [Companies] at $150,000 or more." ... "Texas developer Bob Perry, the largest financial backer of the Swift Boat group [that attacked the military service of 2004 Election Democratic Presidential Candidate John Kerry], also is the largest individual donor to the governors group, at $250,000. Carl Lindner, a retired insurance executive in Ohio and another top Swift Boat financier, has contributed $100,000 to the governors' fund. The campaign-finance lawyer for the Swift Boat group in 2004 now serves the same role for the governors association." ... "In another Republican strategy, the McCain campaign itself last month began soliciting its biggest donations yet -- up to $70,100 per check." -By Brody Mullins and T.W. Farnam -WSJ.com "Price of Power: McCain accepts ex-Swift Boaters' donations." ... "Republican [2008 Election Presidential Candidate] John McCain, who four years ago condemned independent ads challenging Democrat[ic Senator from Massachusetts and 2004 Election Presidential Candidate] John Kerry's military record, has accepted nearly $70,000 for his presidential campaign from the top donors of the group behind the attack ads and their relatives, a USA TODAY analysis shows." ... "In 2004, the Swift Boat Veterans for Truth (later called SwiftVets and POWS for Truth) bankrolled ads charging that Kerry had lied about the incidents in Vietnam that led to his military decorations. The group included former members of the Navy who served in the same kind of river patrol boats as Kerry. McCain, a former Vietnam prisoner of war, called the group's advertising "dishonest and dishonorable."" ... "Bob Perry, a Texas builder who gave nearly $4.5 million to Swift Boat Vets, and his wife, Doylene, each have given $4,400 to McCain's presidential campaign, some of which went to an account for legal and accounting expenses, records show." ... "Other donors include Sam Fox, a St. Louis [Missouri] businessman who was named [United States] U.S. ambassador to Belgium last year by President Bush." ... "On Monday, Kerry and national Democratic Party officials sharply criticized McCain for including retired Air Force colonel Bud Day in a conference call with reporters to defend McCain's military service. Day had appeared in Swift Boat ads." -By Fredreka Schouten -USATODAY "Bob Perry Needs a Hug." ... "Like many election campaigns last fall the [2006 Election] race in Colorado's Seventh Congressional District between Democrat Ed Perlmutter and Republican Rick O'Donnell was a bruising affair. Personal attacks and negative advertising were the order of the day. According to Perlmutter, O'Donnell was a right-winger with dangerous ideas who wanted to privatize Social Security, while pro-O'Donnell ads attacked Perlmutter for being soft on immigration. One such thirty-second spot was especially pointed, claiming that, as state senator, "Ed Perlmutter sponsored legislation giving taxpayer money to illegal immigrants."" ... "On its face, this ad seemed typical, one of thousands run last fall in an unusually hostile political season. Closer inspection, however, revealed that the ad was, on just about every level one can imagine, not what it seemed. For one thing, it wasn't true. The legislation that Perlmutter sponsored did concern taxpayer-funded benefits, but they were for legal immigrants, not illegal ones. The casual viewer might also have assumed that the advertisement had been produced by or in cooperation with O'Donnell's campaign. But his staff had nothing to do with its content, nor was it produced or financed within a thousand miles of Colorado. The ad's genesis, in fact, was a sort of miracle of remote control. Reporters who dug into the story found that funding for the ad had come from a 527 group called Americans for Honesty on Issues (AFHOI). The past several election cycles have seen a large number of these so-called 527's, which are named after the section of the federal tax code that exempts certain political groups from paying taxes." ... "Normal campaign finance limits in raising and spending money do not apply to 527's, a loophole through which millions of dollars have flowed. Due in part to this lack of oversight, 527's have developed a reputation for being shadowy, and AFHOI was no exception. In 2006 the group produced adversarial television ads in nine congressional races across seven states, but when the press started probing, it seemed to vanish into thin air. Its address was a post office box in a UPS store in Alexandria, Virginia; its "contact" was a conservative political consultant in Houston [Texas] named Sue Walden who didn't return calls.Reporters studying the story were unable to determine exactly who had come up with the idea for the ads, who had produced them, or how the Perlmutter-O'Donnell race had been targeted in the first place." ... "The one thing they did find out was the identity of the man who had pumped $3 million into AFHOI and was its sole benefactor: a wealthy Houston homebuilder named Bob Perry. Perry is the nation's largest individual political donor. In 2004 and 2006 he gave a total of $29 million to state and federal races. Last year, more than $9 million of that was channeled through three 527's that aggressively targeted races for the U.S. Senate and House of Representatives. In spite of such a massive political presence, Perry is as mysterious as some of the groups he funds. He never talks to the press, rarely appears in public, and remains an inscrutable figure even to people to whom he has given hundreds of thousands of dollars. He might have maintained this relatively low profile indefinitely, except that in [the Election of] 2004 he was the largest funder of the Swift Boat Veterans for Truth [that attacked the military service of 2004 Election Democratic Presidential Candidate John Kerry], the controversial 527 that many people credit with derailing John Kerry's presidential campaign. Almost overnight, Perry became a poster boy for the notion that a cabal of wealthy donors, shady consultants, and unaccountable 527's was taking over American politics." ... "Perry first appeared as a real force in Texas politics in 2002, when he dropped $3.8 million into [2002 Election] campaigns, most of it aimed at taking over the state legislature and ultimately recarving Texas into Republican-friendly congressional districts—a gambit coordinated by then-House majority leader [and Texas Republican Representative] Tom DeLay and also heavily funded by San Antonio [Texas] doctor James Leininger and other wealthy Republican donors. He later became the largest single contributor to [Republican] Governor Rick Perry's reelection campaign." ... "[Bob] Perry ultimately contributed $4.5 million to the effort [of the Swift Boat attacks on military veteran John Kerry]." (1, 2, 3, 4) -By S. C. Gwynne -TexasMonthly.com "The Money Guy: Executive editor S. C. Gwynne on writing about political donor Bob Perry." ... "texasmonthly.com: What led you to write about Bob Perry?" ... "S. C. Gwynne: As the largest individual political contributor in America, he is a highly visible and extremely powerful person. He is also extremely private, and relatively little is known about him. This seemed like exactly the sort of story I like to do. There was lots of room for original reporting on a subject that ought to be of interest to anyone who likes politics." -Interview by Emmet Sullivan -TexasMonthly.com |
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