Saturday, May 16, 2015

JEB! taps family money machine for likely 2016 run

(Wall Street Journal) - Former first lady Barbara Bush began adding campaign donors to the family’s Christmas card list five decades ago, building an index-card file of well-heeled contributors who went on to serve as ambassadors, cabinet members and State Department advisers in the two Bush administrations.

Jeb Bush, who opened the door to a presidential campaign five months ago, is now reaping a record-setting haul thanks to a donor network that stretches back to his father’s election to Congress in 1966.
“The Bush family gave us the chance to serve [aka prey],” said donor David D. Aufhauser, who worked as general counsel for the Treasury Department under former President George W. Bush. “So we are loyal.”...
The Wall Street Journal identified 326 donors who hosted fundraisers this year for Mr. Bush’s super PAC, based on invitations and news reports compiled by the Sunlight Foundation, a nonpartisan government watchdog.
One in five were either members of the “Team 100,” those who raised at least $100,000 for the Republican National Committee duringGeorge H.W. Bush’s 1988 presidential campaign—or “Pioneers” or “Rangers,” who collected at least $100,000 or $200,000 for George W. Bush’s national campaigns.
Nearly a quarter worked in at least one of the Bush White Houses or received a presidential appointment; 24 were tapped by Mr. Bush’s father or brother to serve as ambassadors; 46 worked in Mr. Bush’s administration in Florida or were appointed to advisory boards. A number of donors belong to more than one of these categories.
Mr. Bush’s top allies include 11 billionaires, six former and current owners of professional sports teams and former Vice President Dan Quayle. There is an internationally competitive sailor, a former chairman of the U.S. Export-Import Bank, as well as the author of “Nice Guys Finish Rich: The Secrets of a Super Salesman.” Read more.

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