podesta-emails

Re: FW: Clinton’s missing $200 million man

podesta-emails 2,331 words email
P17 D6 V11 P21 V15
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Political equivalent of Chinese food. You won't remember you ate in a couple of hours. Don't think it's a big deal at all. Probably helps that people think we'll be out gunned. On Jul 1, 2015 7:15 PM, "Tina Flournoy" <[email protected]> wrote: > Shitty article. Isn’t Andy Spahn paid by Priorities? > > > > > > Clinton’s missing $200 million man > > By Glenn Thrush and Anna Palmer > > 7/1/15 6:34 PM EDT > > A fundraising-obsessed Hillary Clinton netted an impressive $45 million > during the first three months of her campaign — but her badly outgunned > super PAC’s failure to keep pace is damping any celebration of the feat. > > Many top Clinton supporters say it’s now time for the other powerhouse > Clinton — Bill — to employ his own magic touch to rescue Priorities USA > Action and in the process, shove reluctant liberal donors into the big > money game Republicans are easily winning. > > “I think President Clinton continues to be a great draw and an effective > fundraiser and should be deployed in that capacity,” Andy Spahn, a > California-based Democratic fundraiser close to the Clintons, told > POLITICO, echoing the near-universal sentiment of a dozen fundraisers > interviewed for this article. “Many of us have known him since the 1980s > and worked with him since then, so he has a tremendous reservoir of > friendship and goodwill across the country to draw from.” > > One problem with that: The former president, who raised tens of millions > for his charitable foundation, has sat out the 2016 cash race so far and > has told his friends and political allies he has no plans to help out the > struggling group until the fall “at the earliest,” according to a senior > Democrat close to Clinton. > > Priorities, which has recently been taken over by a former top official > from Clinton’s 2008 race, is only slated to raise around $10 million to $12 > million, which will be dwarfed by the expected $100 million brought in by > Right to Rise, Jeb Bush’s super PAC. That’s making Clinton insiders nervous > about whether Priorities will have enough cash to fight back against > Republican independent expenditure groups, who seem to collect campaign > money from a spigot. > > “It’s a dilemma and a challenge,” said a veteran Democratic fundraiser > with connections to Priorities. “Outside of Hillary herself, the > president’s the biggest draw, and he’s the biggest draw with some of the > bigger donors… [The Clintons] have made the decision that it’s too soon to > get him involved. It’s their judgment that Priorities can wait. I’m not > sure Priorities can wait, but that’s their judgment.” > > Democrats have lagged badly in the no-limits, Koch Brothers-ruled world of > electoral fundraising created by the Supreme Court’s 2010 *Citizens > United *decision. Unlike conservatives, most wealthy liberals support > stringent campaign finance laws, and most Democrats with bank accounts fat > enough to write seven-figure checks are loath to do so — at least until the > tail end of an election cycle. > > The Clintons, less hostile to the notion of super PACs than the > clean-hands team around President Barack Obama, were supposed to interrupt > this self-defeating cycle. One top Democratic fundraiser was so convinced > the 42nd president was the answer to the party’s squeamishness about big > money that he recently labeled Clinton, in a burst of optimism, the “the > $200 Million Man.” > > But Clinton has been nowhere on the money scene — either for Hillary > Clinton’s official campaign or on the super PAC side. > > Clinton has focused almost entirely on collecting $2,700 checks for her > primary face-off against … Bernie Sanders. And Bill Clinton has made it > clear to friends and contributors that while he’s supportive and might work > for the group down the road, for now he’s too busy with his foundation > work. His wife’s team, meanwhile, has been all too happy to keep the Big > Dog on a leash, at least at this early stage of the campaign. > > The upshot is that Priorities — rocked by a recent reshuffling that saw > Clinton ally Guy Cecil replace a longtime Obama operative — trails its GOP > counterparts badly in fundraising. > > Republican candidates and their billionaire backers certainly won’t adhere > to the Clintons’ leisurely super PAC timetable, dissenters from the current > strategy point out. Priorities’ newly revamped leadership needs the couple > to move faster if they are to counter the flood of positive ads Right to > Rise is expected to run in battleground states, where Bush is looking to > lower his negative ratings among skeptical voters. > > Priorities, meanwhile, is still just getting organized. Board members are > only now starting to casually pitch donors before the group puts together > the kind of rigorous, analytical presentation that was key to its > fundraising efforts in 2012. As a result, many potential Democratic donors > are idling in neutral as the Cecil’s team gets its bearings, sitting on > their cash while the Republicans rack up nine-figure numbers. That $10 > million to $12 million total would have been many times larger had the > Clintons made funding the group a top priority, people familiar with > Priorities’ fundraising efforts say. > > “Bill or Hillary makes a call to [Democratic donors like] Haim Saban or > Susie Tompkins Buell and we get $30 million in a weekend,” said a > Democratic operative close to Priorities. > > The disappointing start has already caused Priorities to lower its overall > goals for the 2016 cycle. The group had hoped to raise $300 million just to > keep pace, but insiders now expect the total haul to be in the $150 million > to $200 million range. Even so, Cecil will have to lean hard on his close > relationship with the Clintons to lure strong Hillary Clinton supporters > who haven’t given to Priorities in the past — while selling the former > first family on the importance of selling their friends on Priorities. > > That will be a challenge. GOP donors like the Kochs and Sheldon Adelson > are far more willing to throw vast amounts at their favored candidates; > Democratic donors, even the wealthiest ones, are more likely to fund an > issue-advocacy campaign than to write a $1 million check to a group largely > known for cutting negative ads. > > “I think fundraising for Democrats is always slower and we’re always going > to be outspent … There is just no way any of us can keep up with the Koch > brothers,” said Amber Mostyn, who, along with her husband, gave $3 million > to Priorities in 2012 when it raised about $80 million for Obama’s > reelection effort. > > The Mostyns have had a few conversations with Paul Begala, who raises cash > for the group, and Priorities Chairwoman former Michigan Gov. Jennifer > Granholm after David Brock, a close Clinton ally, resigned from the board > following a critical New York Times story about the fundraising practices > of other Brock-linked groups. Mostyn said they plan to give again, but they > just don’t feel the urgency to give yet — in part because Clinton’s path to > the nomination looks relatively unobstructed, Sanders notwithstanding. > > Spahn thinks Bill Clinton’s involvement could goad donors like the Mostyns > to move more quickly. Under federal law, both Clintons are technically > “agents” of the 2016 campaign, and therefore barred from soliciting super > PAC contributions in excess of $5,000. But there are few constraints > preventing either from headlining events for Priorities, touting the > group’s effectiveness or romancing donors in person and over the phone. > > Clinton’s personal charisma could be especially crucial: As important as > operatives like Begala and John Podesta are for wooing donors, the former > president is expected to be the closer in small group settings, even if it > he can’t overtly embrace that role for fear of violating the law. He also > can draw from his foundation network — donors that are used to cutting > multimillion-dollar checks. > > The one Priorities donor meeting in the Bay Area Hillary Clinton attended, > held in early May, illustrated the awkwardness of the Clinton super PAC > pitch: She opened her remarks with a hold-your-nose pose, acknowledging > that she would prefer not to raise money for her own super PAC and saying, > “It’s a sad reality, but we have to play by the rules.” Then she took > questions, mostly about policy, and made no other direct pitch other than > speaking kindly about the group in general terms, according to a person in > attendance. Bush, by contrast, in April hosted a lavish, two-day retreat > for more than 300 of his top benefactors at a posh Miami hotel, where he > told them they were making history > <http://www.miamiherald.com/news/politics-government/elections-2016/jeb-bush/article19724325.html> > . > > Hillary Clinton has, however, moved aggressively to raise money for her > own campaign. So far, she’s focused on raising relatively small amounts of > hard money — $2,700 a pop, or $27,000 in a bundle — for the primary, but > she will soon shift into a second phase of big-money donor bundling coupled > with a ramped-up online fundraising operation modeled after Obama’s. That > leaves Bill Clinton, along with daughter Chelsea and Podesta, as the most > likely regular surrogates for Priorities. > > That’s why one of Cecil’s main objectives over the next few months is to > sell the former president — and his friend Tina Flournoy, Bill Clinton’s > chief of staff — on giving potential super PAC donors the kind of face-time > he’s given to foundation and campaign donors. “Guy has to acclimate him to > the idea that the super PAC is as important as anything else,” said a > longtime Clinton associate. > > But Bill Clinton has his reasons for remaining on the bench, at least > through the end of the year. His first priority, friends say, is raising > enough cash to endow his foundation, and burnishing its reputation in the > wake of stories revealing the tapping of foreign donors with pending State > Department business and other questionable practices. Clinton’s recent > schedule has been notably packed with foundation events: After barnstorming > for Democrats in 2014, his only 2015 political fundraiser was a February > appearance on behalf of Alvin Brown, who made a failed bid to be the mayor > of Jacksonville, Florida. > > Hillary Clinton’s political team in Brooklyn has its own motives for > keeping the former president on the sidelines for a while. In part, it’s to > manage their least manageable surrogate; in part, it’s because securing > multi-million dollar donations undercuts the campaign’s narrative of > raising small amounts from “everyday American” donors instead of Wall > Street zillionaires. > > This is a campaign that avidly pushes tales about staffers so cheap > they’ll ride the Bolt Bus between Washington and Brooklyn. They are none to > eager to read stories about Bill Clinton “wining and dining somebody for a > million-dollar check … that will give Bernie Sanders a big thrill,” > according to one aide — especially after repeated accounts of Bill > Clinton’s aggressive fundraising on behalf of his foundation. > > But to some extent, Priorities’ struggles simply reflect the Democratic > Party’s chronic unease in the unlimited-money environment. Some big Clinton > donors are reluctant to give on ideological grounds because they abhor > super PACs and the massive amounts of money they inject into the political > system. And heavyweights like George Soros, Haim Saban, Fred Eyechaner and > James Simons haven’t stepped forward to write the kind of $5 million-plus > contributions that would make an immediate difference. > > It might take a crisis to wake donors — and perhaps the Clintons — out of > their super PAC stupor. Priorities struggled to raise money for Obama in > 2012 until he whiffed the first debate against Mitt Romney. Money poured in > once Democratic donors believed his reelection was no longer inevitable, > according to multiple sources close to the Priorities. > > Several donors interviewed by POLITICO suggested that Cecil and the new > regime are hoping Priorities’ relatively small haul, which will be > officially reported later this month, will serve as a wake-up call; > Democratic donors will be stunned to see how much cash Right to Rise raised > by comparison and race to open their wallets. Potential contributors > contacted by Priorities staff and board members in recent days told > POLITICO they felt little pressure to write checks before the filing > deadline, perhaps to underscore the organization’s cash crisis. > > “I think on some level we may suffer from the unintended consequences of > Hillary being such a strong candidate,” Mostyn said. > > *To view online*: > https://www.politicopro.com/go/?id=49473 > > > >
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