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My Left Nutmeg

Big money ponies up for Joe

by: Scarce

Sat Jul 29, 2006 at 08:07:05 AM EDT


David Lightman has an interesting article in today's Courant. Joe Lieberman continues to peddle his malarkey that he's the financial underdog while scoring millions from PAC/lobbyist's  and wealthy donors, about 80% of which is from out of state...

In the latest full campaign finance report, covering activity through July 19, Lieberman reported $3.49 million on hand, while Lamont had $355,053.

Since then, Lieberman has rolled up about $434,000 in contributions of $1,000 or more, while Lamont has collected $29,500, though he gave his campaign $500,000 of his own money July 21.

In all, Lieberman has raised about $9.2 million, while Lamont has taken in $4.6 million, including $3 million of his own money.

And Lieberman's edge could grow even larger: Because Lamont has given himself so much money, Lieberman's office says he can take advantage of the "millionaire's amendment" designed to create parity between wealthy candidates who help fund their own campaigns and candidates who cannot or will not.

Currently, individuals are limited to donating $2,100 each, but under a complex formula, the senator can bump that to $6,300 immediately. Lieberman's office has concluded the campaign qualifies for the change, and campaign manager Sean Smith said the senator is "asking for as much as people are allowed to give."

Big List Of Big Givers Bolsters Lieberman

Scarce :: Big money ponies up for Joe
Big money. Lieberman has been taking in six-figure sums almost every day since July 20.

On that day alone, Lieberman collected an estimated $139,300. Lamont reported $2,000. The contrasts continued: On July 24, the senator took in $127,600 to Lamont's $4,100. The next day, the gap closed a bit: Lieberman, $39,400 to Lamont's $12,200.

Among the donors:

Bristol-Myers Squibb
Phoenix Companies
the Bond Market Association
the Real Estate Roundtable
AFLAC
Qwest
PriceWaterhouseCoopers,
Citigroup
Honeywell International
Credit Suisse and the National Society of Accountants.

Since the daily reports began July 20, he has received checks of $1,000 or more from the political arms of

the Mashantucket Pequots
Fannie Mae
the Chicago Board of Trade
Tyco International
KPMG
the National Auto Dealers Association
Eli Lilly
and others.

Thirteen Senate colleagues have also helped. The political committees of Sens. Christopher J. Dodd, D-Conn., and Hillary Rodham Clinton, D-N.Y., have each given $10,000, and the political arm of Senate Democratic Leader Harry Reid, D-Nevada, has given $5,000.
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6,300?! (0.00 / 0)
I figured he could only take in 2100 right now, and 2100 later. Does he get to collect 2100 for a Democratic general election fund and 2100 for an Independent general election?

Social libertarian.

That's my understanding (0.00 / 0)
This money issue is about as important and revealing as any in the campaign. At this rate Joe Lieberman will spend over $9,000,000 on the race but is still trying to peddle his own lie that Ned Lamont is trying to buy the Senate seat. The tradional media's proper response is to call

BULLSHIT!Image Hosted by ImageShack.us

in such flagrant contradiction of the facts. Lightman's article goes part of the way to explaining who's really trying his damndest to buy the seat, and whose money is trying to do that for him. It's decidedly not Ned Lamont.


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