Posts Tagged ‘fundraising’

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Senate Race Fundraising Numbers: A Historical Comparison

Thursday, October 13th, 2011

Here are are some impressive fundraising numbers: Through the end of Q3 on September 30, the odds-on senate favorite has raised $6,444,926.

The challenger? A comparatively paltry $1,615,165.

Given those numbers, it should be pretty easy to figure out who the eventual winner is going to be, right?

Wrong.

Those numbers are from 2009, the odds-on favorite was sitting Florida Governor Charlie Crist, and the underfunded challenger was then-Speaker of the state House of Representatives Marco Rubio. Of course, that’s Senator Marco Rubio now, since he ended up pantsing Crist so badly the latter dropped out of the Republican primary and ran as an independent …whereupon Rubio kicked his ass.

What happened? The Tea Party happened and Rubio caught fire as a better (and more conservative) candidate. Also, this happened:

After that, Rubio’s fortunes (and fundraising) climbed while Crist’s fell. That’s why this:


Should throw a sense of deep unease into David Dewhurst’s campaign team.

Of course, that’s not the only similarity between Ted Cruz and Marco Rubio:

  • Both are the sons of Cuban exiles.
  • Both earned law degrees.
  • Both were involved with conservative Republican politics from an early age.
  • Both were Tea Party favorites.
  • Both have been endorsed by Sen. Jim DeMint.
  • Both have been endorsed by George P. Bush.

    • I’m hardly the first one to make comparisons between Cruz and Rubio. (The Cruz campaign has not been shy about it either.)

    However, there are some differences that will make Cruz’s campaign against Dewhurst more difficult than Rubio’s was against Crist:

  • Dewhurst is more of a squish while Crist had gotten to be a full-blown RINO (no matter how hard others might make the comparison). None of Dewhurst’s disappointments compare to Crist embracing Obama-Pelosi-Reid’s budget-busting, pork-laden Stimulus.
  • Dewhurst is considerably wealthier than Crist ever was.
  • The Florida primary was much later, on August 24, whereas the Texas primary falls on March 6 in 2012.
  • Crist had been in politics since about 1986, whereas Dewhurst wasn’t elected Land Commissioner until 1998.
  • Rubio-Crist was pretty much a two man race, whereas Cruz must also contend with Tom Leppert (and, to a lesser degree, Elizabeth Ames Jones) as high-profile, well-funded candidates.
  • The Cuban-American community is not nearly as influential in Texas as Florida.
  • The chances of Dewhurst dropping out and running as an independent are, I think, pretty close to zero.

    • Still, at this point Dewhurst is running behind where Crist was during the same period, and Cruz is likewise running ahead of where Rubio was. Also, Texas is considerably more conservative than Florida.

    All this is a prelude to saying that Dewhurst’s and Cruz’s Q3 fundraising numbers are interesting, but hardly dispositive. There’s still a lot of race to be run.

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    Posted in Elections, Republicans, Texas | 2 Comments »

    Dewhurst Raises $2.64 Million, Throws in $2 Million in Self-Funding, Has $4 Million On Hand

    Thursday, October 13th, 2011

    Hot on the heels of Ted Cruz’s $1 million+ Q3 comes news that David Dewhurst raised $2.64 million in contributions. He also threw in $2 million of his own money, and has $4 million in cash on hand.

    That’s serious money, and having raised that much in essentially a month is impressive, no matter how you slice it. Still, Dewhurst was always seen as the “bank” in the race, and as someone who’s run successful, high profile statewide races before, it’s no surprise that his fundraising operation hit the ground running. A good portion of that $2.64 million is no doubt coming from Dewhurst supporters who were sitting on the sidelines waiting for him to get into the race, or business interests hoping to “back the winning horse.” It will be interesting to see if he can maintain that torrid pace in Q4.

    If there’s any cause for optimism among the Cruz campaign is that Dewhurst only put in $2 million of his own money in Q3, which means he still may be underestimating Cruz, as Dewhurst is purported to be so rich that he could easily give 10 times that much.

    I hope to provide some additional context to those fundraising totals in the next day or so…

    (Note: Totals corrected. When I first put this up, I said he raised $2.4 million, but that’s actually how much he raised over the last 31 days in the period.)

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    Posted in Elections, Republicans, Texas, Uncategorized | 3 Comments »

    Ted Cruz Raises $1 Million+ in Q3

    Thursday, October 13th, 2011

    It’s time for candidate’s Q3 fundraising totals to start trickling out, and the Ted Cruz campaign is first out of the gate with the news that he raised $1,057,953 in Q3 and has $2.4 million cash on-hand. This is in line with his Q1 and Q2 fundraising totals, and I would expect a huge bump in Q4 thanks to his cover appearance in National Review.

    Now we wait for the Q3 fundraising numbers for the other candidates. How much personal money will David Dewhurst sink into his own campaign? Will Tom Leppert continue to self-fund at his $1 million a quarter clip? Has Ricardo Sanchez been fundraising in Q3? Or doing anything at all?

    Stay tuned…

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    Posted in Elections, Republicans, Texas | 4 Comments »

    Texas 2012 Senate Race Update: Elizabeth Ames Jones Pulls In Paltry $122,185

    Thursday, April 21st, 2011

    FEC Reports for the Texas Senate Race continue to be posted for the fundraising period of January 1—March 31. (Indeed, they’re being posted so slowly that I wonder if a single arthritic temp is doing all the data entry.) The reports of Ted Cruz (over $1 million announced) and Michael Williams (over half a million announced) are not up yet, Tom Leppert’s $2,690,081 ($1.6 million of which was Leppert’s personal loan to his own campaign) was already announced, and Roger Williams raised $598,470.

    But Elizabeth Ames Jones’ report is finally up, and it’s disastrous: $122,185. Raising less than one-quarter what the other major declared candidates have in the same period of time isn’t going to get the job done. Moreover, it’s a major step back from her previous 2010 fundraising total of $989,765.

    Jones already had the most difficult path to victory of the major declared candidates, a path some were already saying was non-existent. Ted Cruz and Michael Williams were battling in the Tea Party Primary for the movement conservative vote, while Tom Leppert and Roger Williams are competing for the “who gets the establishment nod if David Dewhurst skips the race” slot. Jones, on the other hand, has, what? Unless she can magically pick up a disproportionate share of the woman’s vote (which seems doubtful), it’s impossible to see how she remains competitive when she’s been so heavily outgunned in the fundraising arms race. I’m far from an insider, but as far as I can tell, the groundswell for a Jones candidacy has been all but non-existent.

    There’s a long way yet to go before the primary, but unless Jones can, at a minimum, quadruple her fundraising totals in the second quarter, she’s toast. She made be toast already.

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    Posted in Elections, Republicans, Texas | 3 Comments »

    Texas 2012 Senate Race Updates for April 18

    Monday, April 18th, 2011
  • Texas Iconoclast examines Ricardo Sanchez’s chances.
  • Paul Burka doesn’t think any Democrat has a chance:

    Patty Murray’s explanation for why she thinks Texas might be in play is “demographic change.” We have been hearing that line for many years now, and there is no evidence that demographic change has changed voting patterns. Democrats make the mistake of looking at Hispanic participation in California, in Colorado, in Arizona, in New Mexico, and thinking that Texas could be just like those states. I disagree. Hispanics in those states are alienated. Angry people vote. Hispanics in Texas are not alienated. Unless the Democrats have some pretty good polling that shows the Republicans are overreaching with their budget cuts–and I doubt that they do–they should continue to regard Texas as a lost cause.

  • National first quarter fundraising winners and losers from both the Washington Post and Hotline on Call. I’ve been checking the FEC site regularly, and the numbers for Texas Senate candidates (beyond the withdrawn Florence Shapiro) still aren’t up yet.
  • Moe Lane on Sanchez:

    If Sanchez runs as a Democrat, the groups that would have been most likely to push for further investigation at this late date–the antiwar Left–will not be interested in pursuing the issue. The antiwar Left will, in fact, enthusiastically support the man who was their head devil in their designated Hell on Earth…because to do otherwise would be to show some elementary sense of self-worth and dignity, and the antiwar Left has neither. So–when your Democratic masters get around to picking your candidate for you–go ahead and endorse Sanchez, ye progressives. Get on the floor and lick those boots. Not that Sanchez will win, anyway; 2012 will be a bad year for a Democrat in Texas. But it’s always fun to watch the antiwar movement futilely beat its own ‘principles’ to death on command for the benefit of their masters. You’d think that it’d get old eventually, but no.

  • Over at Wired, Spencer Ackerman is also not enthused about Sanchez.
  • Article on the Waco Tea Party event, including snippets from Michael Williams’ speech.

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    Posted in Democrats, Elections, Republicans, Texas | 1 Comment »

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