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Old 04-25-13, 03:53 PM   #1
Ducimus
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Obama was just a good guy in the hood, then suddenly he was a senator, then he was president. I wonder what kind of money is behind him?
Anywhere between 11.8 and 12.2 million dollars, depending on where you look. "Good guy in the hood"? That's a load of crock. He's a millionaire Politician from Chicago.
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Old 04-25-13, 04:00 PM   #2
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Anywhere between 11.8 and 12.2 million dollars, depending on where you look. "Good guy in the hood"? That's a load of crock. He's a millionaire Politician from Chicago.
Like the majority of senators: two thirds (67%) in 2011.

Like roughly the half of congress,47%, in 2011.

With the 113th congress being again wealthier than the previous one, by median net worth.
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Old 04-25-13, 05:26 PM   #3
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Like the majority of senators: two thirds (67%) in 2011.

Like roughly the half of congress,47%, in 2011.

With the 113th congress being again wealthier than the previous one, by median net worth.

Which only proves my point. What makes Bloomberg different, is he is projecting and pushing a dangerous agenda and will stop at nothing.
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Old 04-25-13, 05:43 PM   #4
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A friend of mine is running for a State House position in Virginia. This is a part time position that pays about $17,000 per year.

In order to run for this office, he told me that he has to raise $1,000,000 for his campaign. For a small part time job as state house member.

He then told me that in the very near future, for the same position, it will probably cost $5,000,000.

That is one of the problems with politics. It costs so much money to run a campaign that the candidate has to get the money from somewhere. Local donations won't cover it so they turn to the Political Party for funds. Multiple strings are attached at multiple places.

It really should not cost a million dollars to run for a state assembly position. But it does. And the funding race keeps getting bigger and bigger.

You will have a tougher time winning an election by spending $500,000 if your opponent is spending $1,000,000. So you might as well spend $1,000,000. Then next election your opponent spends $1,500,000. Wadda goin to do?

There is no such thing as string-less donations.

I don't know what the solution is, or whether any solution may be worse then the disease.

But if you have to spend $1,000,000 to get a $17,000 part time job, that opens up a lot of potential for corruption.
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Old 04-25-13, 06:41 PM   #5
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Originally Posted by Platapus View Post
A friend of mine is running for a State House position in Virginia. This is a part time position that pays about $17,000 per year.

In order to run for this office, he told me that he has to raise $1,000,000 for his campaign. For a small part time job as state house member.

He then told me that in the very near future, for the same position, it will probably cost $5,000,000.

That is one of the problems with politics. It costs so much money to run a campaign that the candidate has to get the money from somewhere. Local donations won't cover it so they turn to the Political Party for funds. Multiple strings are attached at multiple places.

It really should not cost a million dollars to run for a state assembly position. But it does. And the funding race keeps getting bigger and bigger.

You will have a tougher time winning an election by spending $500,000 if your opponent is spending $1,000,000. So you might as well spend $1,000,000. Then next election your opponent spends $1,500,000. Wadda goin to do?

There is no such thing as string-less donations.

I don't know what the solution is, or whether any solution may be worse then the disease.

But if you have to spend $1,000,000 to get a $17,000 part time job, that opens up a lot of potential for corruption.
If it costs 1 million in a state such as Virgina then in a large state such as California,Florida,New York and Texas the money needed for a campaign must be higher. I bet it costs 10 to 20 million in a state with a large population.

I know for certain here in Florida there is a lot of wealth in some hands but of course these persons represent a small portion of the population.All the money is in Broward,Dade and West Palm Beach county or at least the majority of the private money is.
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Old 04-25-13, 07:09 PM   #6
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$68 million for our recent Warren v Brown senate race. And that doesn't count the millions spend by PAC's.
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Old 04-25-13, 07:41 PM   #7
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$68 million for our recent Warren v Brown senate race. And that doesn't count the millions spend by PAC's.
Was that a state or national seat?sorry I do not know anything about Ma. politics.My impression was that Platapus was talking about state level seats.

I was referring to state level campaigns not those headed for D.C.

At any rate one million dollars is too much for a state office campaign.
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Old 04-25-13, 08:56 PM   #8
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I know for certain here in Florida there is a lot of wealth in some hands but of course these persons represent a small portion of the population.All the money is in Broward,Dade and West Palm Beach county or at least the majority of the private money is.
Don't I known it, I'm living next to the Intercostal and all I've got to is go outside and look across the water. There's at least five or six mansions that are visible, just Google Hypoluxo Island.
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Old 04-26-13, 11:08 AM   #9
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"Good guy in the hood"? That's a load of crock. He's a millionaire Politician from Chicago.
Well I only used that term because he was just a nobody at one point and living in a mansion the next. Someone was pumping money into the cause that's for sure.
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