#ncpol: Talk about having money to burn …

State Democrats have been trumpeting a fundraising windfall they say is indicative of a coming “blue wave”.  Sometimes it’s fun to peek behind the curtains when this kind of bluster, spin and bull-feces is hurled around the immediate environs.  Let’s go to the campaign finance reports:

  • On April 27, the state Democratic Party landed  a $105,000 check from David Cohen of Charlotte’s Simcah Capital Management.  (That puts Mr. Cohen’s generosity toward the party at a grand total of $140,000 for this election cycle.)
  • On May 1, NY resident Vincent May — founder and chairman of the international private equity firm Cranemere — dropped $25,000 in the state party’s coffers. (His wife Anne — occupation, “homemaker” — also donated $25,000 to North Carolina Democrats on the same day.
  • On May 31, New York City-based investor Andrea Hagan made a credit card donation of $30,000 to the NC Democrat Party.
  • On June 28, the DNC’s “Redistricting PAC” dropped $250,000 into the NC Democrat Party coffers.

So, that’s FOUR sources accounting for nearly $500K in receipts for state Democrats.  (Only one of those sources is actually in-state.)

State Republicans got some large help as well.  SAS chairman Jim Goodnight donated $50,000 to the NCGOP on May 1.  According to the party’s disclosure reports, THAT brings Mr. Goodnight’s total generosity to the state party up to a grand total of $150,000 for the current election cycle. 

That’s an awful lot of big money flying around.  It has to make one wonder WHAT these people expect in return for these major investments.

4 comments for “#ncpol: Talk about having money to burn …

  1. john steed
    July 14, 2018 at 7:56 am

    That DNC Redistricting PAC is run by radical extremist Eric Holder of Fast and Furious imfamy. That is really far left money. I wonder when their Soros money will show up?

    • Paul W.
      July 14, 2018 at 3:08 pm

      Actually, the DNC Redistricting PAC it is Former President Obama, Eric Holder and the Organizing for America team (the old Obama presidential campaign organization). They are integrated with the SEIU, other Big Unions, and the ACLU (re: Moral Mondays). Don’t forget Holder and team came to Raleigh last year to raise big out-of-state money for Roy Cooper and the NCDP with a fancy party at NC State.

  2. July 15, 2018 at 6:59 am

    But But But Mr. Haymaker, sir… (do your friends call you “Daily”?) how come I never read these “behind the headline” facts in either The N&O or the CharlotteObsvr ??? … I read somewhere that you now have more readers than either of those. I don’t doubt it. …. Keep doin’ what you’re doin’ …

  3. Rwinglolly
    July 21, 2018 at 9:31 am

    If you look at recent voter registration numbers, the shift away from both major parties is astounding. The Republican majority in the Legislature has become as corrupt as it was under Demo Rule! Add to that the disgusting antics of the leadership at NCGOP, good conservatives may give their votes to Constitution Party candidates or just not vote. This majority status was theirs to lose as usual. #lukewarmspityouout

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