After years of blasting money’s influence on politics, ex-President Obama is out and about raising loads of cash to make redistricting work in Democrats’ favor.
In 2010, President Obama sought to strike fear in the hearts of American voters when he said the Supreme Court’s Citizens United ruling would let their voices become “drowned out by millions of dollars in secret, special interest advertising.”
Well, now it’s 2017 and Obama is raising millions of dollars to fund secret, special interest advertising.
Politico reported on Monday morning that the Obama-backed National Democratic Redistricting Committee (NDRC) – chaired by ex-Attorney General Eric Holder – raised $10.8 million in the first six months of the year.
That money is split between its various entities: a federal PAC, plus 501c3 and 501c4 entities that house much of its structural work. Most of the money comes from high dollar donors … Mega-donors were key: Chicago’s Fred Eychaner and Florida’s Donald Sussman gave $500,000 each, while Jon Stryker gave $200,000. Director J.J. Abrams and his wife, actress Katie McGrath, gave $125,000 each.
The NDRC seeks to impact an “important turning point for the future of the Democratic Party will take place in 2021: when states redraw their Congressional and state legislative lines.”
In other words, as NTK Network previously covered, Obama and Holder want to fight what they claim was “unfair” Republican redistricting with … Democratic redistricting.
It sounds like Obama and Holder are off to a good start, thanks to their wealthy backers.
8.16.17 12:14 pmWho Is Hope Hicks? Meet the Woman Named Interim WH Comms Director
How a 28-year-old from Greenwich, Connecticut rose to power inside President Trump’s inner circle to become one of Trump’s most trusted staffers.
8.15.17 10:03 amGOP Group Announces $500k Spend on Digital Ads for Tax Reform
The American Action Network plans on spending around $20 million on tax reform by Thanksgiving.
8.10.17 10:01 amA ‘Fundraising Crisis’ is Crippling the Democratic Party
Over the first six months of 2017, the RNC raised $75 million while Democrats pulled in just $38 million.
8.8.17 4:43 pmHere’s What Would Happen if North Korea Hit A U.S. City With a Nuke
According to reports, Pyongyang has developed the capability to hit the United States with nuclear weapons.