Monday, October 15, 2007

Mark Schauer's Third Quarter Fundraising

Finally, the FEC report for the numbers we've been talking about for a while...

Short Version: Senator Schauer raised $220,117.88. That's about one and a half times more than Congressman Walberg raised, and Schauer did it in much less time-- just five weeks, instead of a full quarter.

Another powerful item: Combined, David Nacht and Jim Berryman raised about $210,000 in the second quarter. Schauer, all on his own, has raised more.

It's clear that Schauer will be a well-financed challenger if he keeps this up for the next year.

Here's the FEC's detailed summary page:

Column A
This Period
Column B
Column C
11. Contributions (other than loans) From:
(a) Individuals/Persons Other than Political Committees
(i) Itemized142122.80
(ii) Unitemized15845.08
(iii) Total Of Contributions From Individuals157967.88157967.880.00
(b) Political Party Commitees0.000.000.00
(c) Other Political Committees (such as PACS)62150.0062150.000.00
(d) The Candidate0.000.000.00
(e) Total Contributions (11(a)(iii) + (b) + (c))220117.88220117.880.00
12. Transfers From Other Authorized Committees0.000.000.00
13. Loans
(a) Made Or Guaranteed By The Candidate0.000.000.00
(b) All Other Loans0.000.000.00
(c) Total Loans ((a) + (b))
14. Offsets to Operating Expenditures (Refunds, Rebates, etc)
15. Other Receipts0.000.000.00
16. Total Receipts (11(e) + 12 + 13(c) + 14 + 15) 220117.88220117.880.00
17. Operating Expenditures23223.5223223.520.00
18. Transfers to Other Authorized Committees0.000.000.00
19. Loan Repayments:
(a) Of Loans Made or Guaranteed by the Candidate0.000.000.00
(b) Of All Other Loans0.000.000.00
(c) Total Loan Repayments ((a) + (b))
20. Refunds of Contributions To:
(a) Individuals/Persons Other Than Political Committees0.000.000.00
(b) Political Party Committees0.000.000.00
(c) Other Political Committees (such as PACs)
(d) Total Contribution Refunds (28(a) + (b) + (c))
21. Other Disbursements0.000.000.00
22. Total Disbursements (17 + 18 + 19(c) + 20(d) + 21) 23223.5223223.520.00
23. Cash On Hand At Beginning Of Reporting Period0.00
24. Total Receipts This Period (line 16) 220117.88220117.880.00
25. Subtotal (23 + 24) 220117.88
26. Total Disbursements This Period (line 22) 23223.5223223.520.00
27. Cash On Hand At Close Of The Reporting Period (25 - 26) 196894.36

Schauer's cash-on-hand is about 60 percent of what Walberg has on hand, but that gap should close in future quarters. After all, Walberg's been doing this longer than Schauer has.

You can see the contributors list (PACs, etc. and individuals who contributed over $200) here and the expenditures list here.

Aside from other political committees, I only saw four names that contributed from non-Michigan addresses on my first read. That's certainly better than Tim Walberg's absurdly high amount of out-of-state money.

Some notable contributions include money from state Representative Pam Byrnes (D-Chelsea), $1,000 from Nacht for Congress, two contributions from Nancy Pelosi for Congress (the Speaker's campaign committee), Hoyer for Congress (House Majority Leader), Dingell for Congress, Levin for Congress, and the Granholm Leadership Fund. Lots of institutional support.

Did I miss anything significant?

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Looks like Nacht was a fraud/ Schauer stalking horse from the beginning. Nacht immediately drops out when Schauer announces.

Schauer will be Republican-lite, DLC, let's not take positions on controversial issue (like the war in Iraq or the Patriot Act).

The Dem "leadership" is buying this congressional seat just as the Club for Growth bought the seat for Walberg.

The best democracy money can buy.
Anonymous guy is 100% correct.
Anonymous and Jason -- whoever you are -- you clearly don't know me. I really want the job and think I'd be good at it. I was working pretty hard there....
But I am a realist, and I recognize Schauer's appeal in the district and ability to raise funds. Also, I have genuine respect for the guy. How you convert that set of facts into calling my short-lived candidacy a "fraud" or "stalking horse" is beyond me. Why not work positively for Schauer (or another Democratic candidate if you are so inclined) instead of engaging in character attacks?
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