Home About Chat Users Issues Party Candidates Polling Firms Media News Polls Calendar Key Races United States President Senate House Governors International

New User Account
"A comprehensive, collaborative elections resource." 
Email: Password:

  Perry Mines Texas System to Raise Cash
NEWS DETAILS
Parent(s) Candidate 
ContributorArmyDem 
Last EditedArmyDem  Aug 20, 2011 11:09pm
Logged 0
CategoryNews
MediaNewspaper - New York Times
News DateSunday, August 21, 2011 05:00:00 AM UTC0:0
DescriptionBy NICHOLAS CONFESSORE and MICHAEL LUO
Published: August 20, 2011

Two years ago, John McHale, an entrepreneur from Austin, Tex., who has given millions of dollars to Democratic candidates and causes, did something very unusual for him: he wrote a $50,000 check to a Republican candidate, Rick Perry, then seeking a third full term as governor of Texas. In September 2010, he did it again, catapulting himself into the top ranks of Mr. Perry’s donors.

Mr. McHale, a Perry spokesman said after the initial donation, “understands Governor Perry’s leadership has made Texas a good place to do business.”

Including, it turned out, for Mr. McHale’s business interests and partners. In May 2010 an economic development fund administered by the governor’s office handed $3 million to G-Con, a pharmaceutical start-up that Mr. McHale helped get off the ground. At least two other executives with connections to the firm had also given Mr. Perry tens of thousands of dollars.

Mr. Perry leapt into the Republican presidential primary this month preceded by his reputation as a thoroughbred fund-raiser. But a review of Mr. Perry’s years in office reveals that one of his most potent fund-raising tools is the very government he heads.

Over three terms in office, Mr. Perry’s administration has doled out grants, tax breaks, contracts and appointments to hundreds of his most generous supporters and their businesses. And they have helped Mr. Perry raise more money than any politician in Texas history, donations that have periodically raised eyebrows but, thanks to loose campaign finance laws and a business-friendly political culture dominated in recent years by Republicans, have only fueled Mr. Perry’s ascent.
Share
ArticleRead Full Article

NEWS
Date Category Headline Article Contributor

DISCUSSION