Photo credit: Politico.com
GOP campaign financing: Part 5 ~
Ted Cruz
Senator Ted Cruz is running as
an outsider presidential candidate, and he appeals to conservatives. He missed
the SOTU speech last night because he was in New Hampshire campaigning. He
referred to the SOTU as the State of Denial Address, a view probably shared by most Tea Party Patriots. A number of Ohio conservative activists already support or have endorsed his candidacy. Where do Cruz's campaign funds come from?
The Federal Election Committee report (click on the candidate’s name on the linked page) shows that almost all of the $26 million that he has raised comes from
individuals. But is that the end of the story?
The FEC page for Jeb! Bush
shows that the lion’s share of his $24 million comes from individuals. Yet we
already know that Jeb! has received over $100 million from funds contributed toSuperPACS. Those funds aren't showing up on the FEC page for Jeb!
So are any SuperPACs funding
Cruz’s campaign? Yes. Club for Growth, as reported by CNN:
Cruz is a natural fit for the group, which is unafraid to
battle in Republican primaries. One of the main donors
to the Club for Growth's super PAC, New
York hedge funder Bob Mercer, gave $11 million to start his own
super PAC backing Cruz, Keep
the Promise I.
Sundance at Conservative Treehousealso reported on the relationship between Mercer, the SuperPAC, and Breitbart
Media Group:
The Breitbart Media Group is financially backed and funded
by Hedge-fund billionaire
Robert Mercer. Mercer was/is the originating financial backer for the Ted
Cruz “Keep the Promise”
(KtP 1, KtP2 and KtP3) Super-PACs. Mercer is also the financial backing behind Cambridge Analytica.
Cambridge
Analytica is the receiver of the contact information provided to Breitbart when
you participate in their on-line Presidential Poll.
In essence, when
you participate [in] the Breitbart poll, you are sending your personal
information into a data-base controlled by the proprietary interests of Robert
Mercer, Cambridge Analytica. The Ted Cruz campaign then uses the data collected
to fund-raise on behalf of the Campaign.
There are more links in that
report; just scroll down. Breitbart is an excellent resource for news, opinion,
and analysis. But like most media, including alternative media, it can be influenced
by major financial backers.
For background on Chris Christie’s
fund-raising, posted earlier on this blogsite, go here.
For background on Dr. Ben
Carson’s fund-raising, posted earlier on this blogsite, go here.
For background on Jeb Bush’s fund-raising,
posted earlier on this blogsite, go here.
For background on Marco Rubio’s
fund-raising, posted earlier on this blogsite, go here.
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