Buying the President in 2008 and Congress in 2010

The following are contribution totals for the two major presidential candidates in 2008.  Each candidate has his top ten corporate donors listed.  ***************

Barack Obama:  1) Goldman Sachs, $994,795;  2) Microsoft, $833,617; 3) Google, $803,436; 4) Citigroup, $$701,290; 5) JPMorgan Chase, $695,132; 6) Time Warner, $590,084; 7) Sidley Austin ( Chicago Law firm where Mr. Obama worked),$588,598; 8) National Amusements, $551,683; 9) UBS, $$543,219; 10) WilmerHale Law, $542,618.

John McCain: 1) Merril Lynch, $373,595; 2) Citigroup, $322,051; 3) Morgan Stanley, $273,452; 4) Goldman Sachs, $230,095; 5) JPMorgan Chase, $228,107; 6) ATT, $201,438; 7) Wachovia, $195,063; 8) UBS, $192,492; 9) Credit Suisse, $183,353; 10) PriceWaterhouse, $167,900.  **********************************************

The 2008 Congressional reelection rate was 94%.

The average spent by U.S. House WINNERS in 2008 = $1.4 Million.

The average spent by U.S. Senate WINNERS in 2008 = $8.5 Million 

Now for 2010 – Keep in mind that the final sums for 2010 are not yet complete.

Total raised through the last required reporting period (2010) = $1.27 BILLION

Average raised by challengers U.S. House = $166,000 (2010)

Average by incumbents U.S. House = #1,000,000 (2010)

Avg. raised by U.S. Senate challengers (2010) = $519,000

Avg raised by U.S. Senate incumbents (2010) = $9,400,000

                  R. Van Conoley

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