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Mavericks R Us, Circa 1999

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Coexist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-08-08 09:35 AM
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Mavericks R Us, Circa 1999
An Endowed Chair

But John McCain still raises money the old-fashioned way -- that is to say, the way he raised it from Charlie Keating.

Federal Election Commission data show that McCain has raised about $13.9 million in his past two campaigns -- his 1998 Senate reelection bid and his current presidential run. New Times conducted a computer-assisted analysis of gifts to both campaigns, but only $9.8 million of the total of $11.6 million that McCain has collected from individuals and political-action committees was analyzed for this story. The difference between the $9.8 million examined and the $11.6 million collected from individuals and PACs is due to the fact that not all campaign filings are available electronically. The difference between the $11.6 million figure and the $13.9 million figure exists because "other sources" cited by the FEC, including loans to the campaign, were not included in the New Times analysis. McCain transferred about $1.9 million from his Senate campaign fund to his presidential campaign account. This is why senate and presidential numbers were combined for this analysis.

....

The research shows that many of McCain's most generous donors happen to have business before the Senate Committee on Commerce, Transportation and Science, which the senator has chaired since January 1997.

....

McCain got at least $73,363 from liquor interests, with $51,563 coming from employees and PACs associated with Anheuser-Busch. McCain's father-in-law, Jim Hensley, owns Hensley & Company, one of the nation's largest Anheuser-Busch distributorships. McCain's interest in Hensley & Company is valued at more than $1 million. Budweiser, an Anheuser-Busch beer, is one of the largest sponsors of professional boxing; McCain is currently sponsoring legislation to reform the boxing industry.
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