Here's how it works. If you don't suck up to the BIG money, you don't get elected.
don't for one second believe that this kind of scenario doesn't play out frequently once a candidate IS elected, although then it's easier to do behind closed doors...
it was only a few months ago that mccain's campaign was damn near broke and there were rumors flying that he was going to drop out of the race... what's clear to me is that the monied elites, in reviewing the field, both dems and r's, didn't like much of what they saw, and decided to see if the "straight talk express" could be re-started... what these people want is someone who will do their bidding, which is the same reason hillary's gotten the kind of backing she has... the elites want to back a winning horse, but only a horse where THEY choose the jockey...
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Sen. John McCain (R-Ariz.) took a break from the presidential campaign trail in March to fly to a posh Utah ski resort, where he mingled with hundreds of top corporate executives assembled by J.P. Morgan Chase for its annual leadership conference.
McCain's appearance at the Deer Valley event, arranged by J.P. Morgan Vice Chairman James B. Lee Jr., a top McCain fundraiser, put him in a room with the chief executives of companies such as General Electric, Xerox and Sony. It was, Lee said, "a chance for him to let them see him for who he is and possibly decide to support him." The effort paid off: J.P. Morgan executives have donated $56,250 to McCain's campaign, two-thirds of which came after his Utah appearance. And his visit there was quickly followed up by dozens of smaller private meetings with corporate executives in New York City arranged by leading Wall Street figures.
"We tried to get him around to a lot of those kinds of things," said McCain campaign manager Rick Davis. "We were very much in the friend-making business."
It is common for politicians to court big money during a campaign. But private schmooze sessions such as the gathering in Utah pose a particular dilemma for McCain, who has spent a long career decrying "special interests" and politicians who offer special access to them in order to raise money. As a presidential candidate this year, McCain has found himself assiduously courting both lobbyists and their wealthy clients, offering them private audiences as part of his fundraising. He also counts more than 30 lobbyists among his chief fundraisers, more than any other presidential contender.
it was only a few months ago that mccain's campaign was damn near broke and there were rumors flying that he was going to drop out of the race... what's clear to me is that the monied elites, in reviewing the field, both dems and r's, didn't like much of what they saw, and decided to see if the "straight talk express" could be re-started... what these people want is someone who will do their bidding, which is the same reason hillary's gotten the kind of backing she has... the elites want to back a winning horse, but only a horse where THEY choose the jockey...
Labels: 2008 candidates, 2008 Election, Democrats, elites, Hillary Clinton, J.P. Morgan, John McCain, Republicans, Wall Street
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