TX-10: Mike McCaul's Bad Fundraising Numbers

Luckily we get to vote (0.00 / 0)

after the fund raising race is over.  Seriously, I think to beat McCaul you need equal funding and a Presidential election landslide for a democrat.  Oh wait. . .  never mind.  

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by: sdhook @ Wed Apr 15, 2009 at 20:18:29 PM CDT

Debt to himself? (0.00 / 0)

How much of McCaul's debt is to himself?  His spending on the 2004 primary was technically a loan, as is almost all direct candidate spending.  I don't know if there's a deadline for paying yourself back.  

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by: LSadun @ Wed Apr 15, 2009 at 21:08:32 PM CDT

Wait a second. (5.00 / 2)

This is apples and oranges buuut...

Congressman Mike McCaul, who is subject to Federal minimums (what, $2,600 for the primary and another $2,600 for the general) raised less than three Austin mayoral candidates, who are subject to $350-per-donor limits?

Now, Austin's mayor will represent more people than McCaul, and obviously the expediency of the election makes it sexier. But still. Way to underwhelm.


Now on Twitter: KathTX

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by: Katherine Haenschen @ Wed Apr 15, 2009 at 23:04:17 PM CDT

DIdn't think of it that way, (0.00 / 0)

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by: Matt Glazer @ Wed Apr 15, 2009 at 23:30:16 PM CDT

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New news? (0.00 / 0)

And before we know it he will drop millions into his race. He doesn't need to fundraise cause he will just dump money into his campaign. So this post really doesn't matter until he (hopefully) declares for AG.

The only reason he would jump ship is that he is scared that all of the seats in 12 will be in favorable democratic districts after redistricting which will bring out all the heavy hitters from the Austin area. This will probably be the main reason he runs (if he decides to run) not his fundraising numbers a year till even the primary. No one wants to run against Watson in the Austin area for anything and depending on how the lines are drawn that just might be the match up in 12.

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by: ModTexDem @ Wed Apr 15, 2009 at 23:08:01 PM CDT

McCaul's Future? (0.00 / 0)

He is shopping for a new constituency.  Witness his appearance at the Austin Tea Bag Party on the 15th.  

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by: texun @ Thu Apr 16, 2009 at 11:58:24 AM CDT

Vulnerable vs. AIG Bailout Funds? (0.00 / 0)

As I've stated in other blogs it should be noted that the vast majority of McCaul's debt is to himself as he is able to self-fund to supplement his fundraising.  Despite this he raised almost $1.5 million in the 2008 cycle and dispatched his Democratic opponent with an 11 point win, even though his opponent spent over $1.25 million against him in the very favorable national environment for Democrats.  2010 should be less favorable for any new Democratic challenger in this overall Strongly Republican district.

Interestingly, it should also be noted that Mr. McDonald took mulitple contributions from former colleagues and friends in New York City, where he was an attorney with the prominent law firm of Skadden, Arps until his move to Texas some 7 years ago.  Skadden, Arps represents a who's who of large Wall Street firms.  

Check out these Contributors of Mr. McDonald: Among these contributors are executives from AIG, Morgan Stanley and Merrill Lynch, all recipients of Federal bailout funds in one form or another, as well as current attorneys with Skadden, Arps.  

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by: politysentinel @ Tue Apr 21, 2009 at 22:09:00 PM CDT

McC-McD & money (0.00 / 0)

Yeah, thank God for "personal wealth".

I suppose it was best to run that one up the flagpole early.
Good to know my Congressman's lap dogs are on top of bidness.

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by: Robert Ryland @ Wed Apr 22, 2009 at 21:39:56 PM CDT

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