DAILY WISCONSIN

Fundraising

How It Was Funded 

To review – in addition to being a potential fraudster, Scott Walker and his campaign couldn’t even run the grift of laundering funds between his campaign accounts very well. Those campaigns are now broke on the state side, his presidential account is $1.2 million in debt, and Walker is disliked by pretty much anyone outside of a dwindling bubble of right-wing Wisconsinites. In addition, many potential donors are going to be limited in how much they can give to Scotty for the next 3 years. Yes, the GOP Legislature agreed recently to double contribution limits to $20,000 for a Governor’s campaign,but those $10,000 donations all count towards that $20K. So if anything, Walker’s failed money-laundering operation puts him at a DISadvantage for fundraising for 2018. And I doubt think Scotty’s impending home sale (where he’s asking for less than assessed value!) will allow his 27% credit card-having self to fund his own campaign after the Kochs and other right-wing oligarchs cut him off.

Via Jake’s Economic TA Funhouse: Walker’s campaign financing is sketchy for two offices.

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Charles Koch misled CBS when he suggested that the Kochs’ political spending is publicly disclosed.

On October 11, the elder Koch brother gave a rare interview to CBS Sunday Morning. Reporter Anthony Mason asked, “Do you think it’s good for the political system that so much what’s called ‘dark money’ is flowing into the process now?”

Koch replied: “First of all, what I give isn’t ‘dark.’ What I give politically, that’s all reported. It’s either to PACs or to candidates. And what I give to my foundations is all public information.”

This is untrue, according to documents obtained by the Center for Media and Democracy last year.

In addition to the hundreds of millions flowing into politics by way of the Kochs’ network of foundations and funding vehicles like Freedom Partners, funds from the corporate treasury of Koch Industries–the second-largest privately held company in the world–flow into politics, and Charles’ brother David is known to have written millions of dollars in personal checks to political groups each year.

None of this spending is publicly disclosed….

Via No, the Kochs’ Political Spending Is Not “Reported” @ PRWatch.

Concentrated

No morning coffee was needed to awaken me once I picked up the newspaper from the stoop, took off the blue plastic bag, and looked at the story on the front page above the fold.  The story should not shock in one sense as I am fully aware this is what has been allowed to happen to the political process.

Still, the story is most sobering and something that will be talked about as we head into another week of the campaign for the party nominations.

Via Just 158 families Have Contributed Nearly 50% Of Early Money To Capture White House In 2016 @ CAFFEINATED POLITICS.

‘We had a revenue problem.’

Money for nothing

Walker’s biggest political patrons, the Ricketts family, which has contributed $5 million to his super PAC, felt similarly blindsided, according to an adviser to the Walker campaign. Todd Ricketts, who has been among Walker’s most aggressive fundraisers, did not get a call until later Monday afternoon.

Ricketts, whose family owns the Chicago Cubs, was set to host a Manhattan fundraiser later this week, and had been busily organizing a never-before-reported event for Walker bundlers at Wrigley field on October 2. Even amid sinking poll numbers, turnout was expected to be high. “The Wrigley field thing was going to be awesome,” said the adviser. “This guy busted his ass for Scott Walker.”

Via The emergency meeting that led Walker to quit @ POLITICO.

Mega-Donor Ignored

The next day, Hubbard would leave Walker a voicemail. He wanted to offer some tips. “What I was going to tell him is that he should get some training, some TV training. I know where to get it,” Hubbard said in an interview. He had hoped to recommend Morton Blackwell’s Leadership Institute but his message went unreturned.

“It’s the first time,” Hubbard said of Walker, “he hasn’t called me back.”

Via The emergency meeting that led Walker to quit @ POLITICO.

Walker Campaign Needs Money

In a national CNN/ORC poll released Sunday, Walker got less than half a percentage point, placing him behind 11 other GOP presidential candidates.

In another CNN/ORC poll from earlier this month, GOP voters were asked whether they would be enthusiastic, satisfied, dissatisfied or upset about six possible nominees: Walker, Carson, Bush, Trump, Rubio and Texas Sen. Ted Cruz.

Walker and Bush inspired the least passion (only 16% said they were enthusiastic about them being the nominee). And Walker, Carson and Rubio inspired the least antagonism (in each case fewer than one in 10 voters said they’d be upset if they were nominated).

Via Campaign woes prompt Scott Walker to focus on fundraising @ JSOnline.

Billionaire donor complains about Walker’s immigration shift 

Hubbard said that he “might really quickly change my allegiance” if Walker pushed for such a repeal [of birthright citizenship], and that he “did not get a real straight answer” from the candidate at his Tuesday lunch. But Hubbard, who came away ready write more checks to help Walker, added: “I got the feeling that he is not at all anxious to talk about taking away those rights.”

Via Fading in the polls, Scott Walker aims to attract Trump voters @ The Washington Post

Self-employed

“…. only 5% of the $7.1 million spent by Feingold’s PAC went directly to federal candidates and political parties from January 2011 to March 2015. The bulk of the money was spent on fundraising, staff salaries and administrative expenses. Nearly 90% of the budget for Progressives United Inc., a political nonprofit, went for fundraising and…

Setting expectations

“If and when Bush raises more early money than does Walker – – a pretty likely scenario – – Walker can say, ‘told you so’ about Jeb while feigning surprise that his campaign raised many millions, too.” Via Look deeper at Walker’s downplayed fundraising expectations @ The Political Environment.

Walker Scratches Fat Cats for Scratch

The gathering was Walker’s latest attempt to court financiers in New York, which has long been friendly political terrain for New Jersey Gov. Chris Christie, a potential 2016 rival. Both governors are considering bids for the Republican presidential nomination. Businessman Roger Hertog, chairman emeritus of the conservative Manhattan Institute, hosted the occasion, which was held…