Sunday, April 10, 2005

Kerry on a Fundraising Tear

Looking to re-build the Democratic Party and return it to it the majority, Kerry is working fast and furious to raise money for candidates in 2005 and 2006. As I stated post Presidential Election, one test of Kerry's 2008 chances would be whether he could keep his fundraising machine in tact to help his party win in off year elections. He shows no signs of slowing down or letting up in this respect. -IFK Editor

Senator's handouts help Dems Kerry on
By Andrew Miga

Sen. John F. Kerry is fast becoming the Democratic Party's personal ATM - dispensing bundles of cash and helping to raise money for party causes and candidates such as Sen. Hillary Rodham Clinton.

Kerry's highest voltage money event this spring will be a major fund-raising dinner for Clinton, D-N.Y., a potential 2008 White House rival, at a downtown Boston hotel in early May.

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Kerry, meanwhile, also has been busy writing checks.

A few days ago, the failed 2004 Democratic presidential candidate wrote a $500,000 check for Democratic congressional candidates. He backed the check with a pledge to raise another $500,000.

Earlier this year, Kerry gave $1 million to the Democratic National Committee to boost state parties across the country. He also gave $1 million to the Democratic Senatorial Campaign Committee.

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