ABOUT ME

 

Nick Ragone is an author, attorney and public relations executive in New York City. He earned a bachelor’s degree in history and political science from Rutgers University, and is a graduate of the Eagleton Institute of Political Science at Rutgers University (undergraduate) and the Georgetown University Law Center.

He is the author of three books: Essential American Government, Everything American Government, and President's Most Wanted. Nick is a regular contributor to the Fox News Channel and Fox Business, the PIX11 Morning Show, and has a weekly appearance on the popular Raph Bailey Radio Show.  He co-anchored PIX11's five-hour live inauguration coverage with Jim Watkins and Kaity Tong.

Nick is a contributor to Donklephant.com, one of the most influential political blogs on the web, and  has written for US News & World Report, The Star-Ledger, Real Simple Magazine and RealSimple.com.  Nick has been quoted in over two dozen stories on politics, the presidency, and public relations.  In December of 2007, Nick was named one of PR Week's 40 under 40 to watch, and in May of 2008 was featured in "Profiles of Success", a book about public relations. Nick lives in Jersey City, NJ, with his wife and two children, and spends what little free time he has obsessing on the Mets.

Nick can also be found on Facebook. http://www.facebook.com/profile.php?id=740817853


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« Obama's stimulus = Obama's economy | Main | Are you on Rahmbo's speed dial? »
Wednesday
Jan282009

Show me the $$$$$$

According to Politico and other published reports, the human ATM Terry McAuliffe plans to raise $80 million for his Virginia Gubernatorial bid.

I don't doubt that the Cash-man can raise that type of dough.  But it does raise an interesting question: how will political fundraising fare during a deep recession.

I'm actually going to do some research and write a longer piece, but try this on for size: New York state in 2010 will have three statewide elections: Governor Patterson, Senator Schumer, and Senator Gillibrand.   I'm not totally sure, but I think it's the first time all three seats will be up at the same time (thanks to the special election for Hillary's old seat).

That's a LOT of fundraising for one election cycle.  And that also includes all the Congressional races, too.  Patterson and Gillibrand are going to need to raise ungodly sums of loot just to stave off potential primary challenges and compete in a stiff general election races   Schumer is a fund raising machine, and will likely get a free pass from Republicans in the general, but Patterson and Gillibrand will not.

It will be a very interesting fundraising cycle over the next 18 months; lets see what type of money is out there, and who gets it.  More to come ...

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Reader Comments (4)

It will be fascinating to see how much money liberal Democrats will give to these election campaigns in order to advance their agendas instead of just giving it the poor, whom they claim to be so concerned about.

January 28, 2009 | Unregistered CommenterRich Ryder

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