Monday, December 11, 2006

Dick DeVos and Jennifer Granholm

Campaign finance

Working up to Nov. 7th in the state of Michigan, the polls become more active, and we finally see whose money is starting to pay off.
Due to donation abuse, the government has created rules to follow when raising funds for a campaign. The limit has been set at $3,400 for individual outside contribution, and the rest must come from fundraising, and personal funds. DeVos has spent about $10 million more than Jennifer Granholm as of July of this year, when you include the advertisements that the democratic party has purchased for the incumbent Governor. Granholm's intention from the beginning of the campaign cycle was to be out spent by Mr. DeVos by 4 to 1. With a mere $2.5 million of campaign spending in this election to DeVos' $17.9 the tally is closer to 7 to 1 as of September of this year. As of July of this year Mr. DeVos has contributed $13 million to his campaign from his personal funds, a poll contucted in early October, by Selzer & co., reported 52 percent of the people asked, believed that DeVos was attempting to buy the election.
As the election comes to an end the numbers seem to get even farther apart. According to the Associated Press Dick DeVos personally contributed $35 million to his campaign, and raised an additional $6 million, while Jennifer Grandholm raised $14 million in personal contributions and publicly raised an additional $1.1 million making this election the most costly in state history. With these number the margin is almost three to one in campaign finances. This ratio is close to matching the one for campaign ad spending where DeVos spent $27 million and Granholm spent $7.6 million, which is about three and a half to one. With the results out, it shows that spending dose not guarantee an election.

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