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Rich Republicans Bankroll Bush Candidacy

The New York Times today released an expose that revealing that more than two-thirds of the Republican Party’s soft-money has been contributed by an elite group of fewer than 800 wealthy individuals and businesses. Republican insiders told the Times that large donations are frequently split up into smaller contributions from individuals, spouses, corporations, and subsidiaries in order to make them harder to track. Contributions are also diverted to state parties, whose donations are not tracked by the Federal Elections Commission. Large donors are given the royal treatment by the Republican Party – fed from Faberge eggs and entertained by string quartets at Tiffany’s, in one particularly spectacular show of wealth.

Sources:

New York Times - August 2, 2000