When you think of political fundraisers, what comes to mind? Galas, balls, suits, evening gowns, expensive champagne? Well think again. Contrary to popular belief, political fundraising isn't as glamorous as the public think. Yes, fundraising takes form in fancy galas or expensive brunches, but I was surprised to learn that most of the money political candidates raise are over phone calls. Political candidates spend 2-3 hours a day making call after call in an attempt to get donations for their campaign. With a $10-15,000 goal each day, no wonder why there is a desperation to raise the money-and fast.
I was also surprised to learn that lobbyists are the ones that organize events and fundraisers to raise money for a certain politician. A large amount of the time, lobbyist pick and choose which candidates they want to support, often ignoring the calls from those they aren't interested in helping.
Another thing I learned (but also common sense) is that once a particular politician has called multiple times, they are ignored. Yes, lobbyists do have the power to pick and choose, but the constant phone calls also play a role in their choosing of candidates.
After listening to this podcast, I was reminded of when Obama first ran for office. My family was always receiving mail from the Obama campaign, subliminally asking my parents to vote for him. These letters would never directly say "Vote for me!" but they would include a list of his accomplishments and goals in order to entice voters. These are basically like the daily phone calls candidates make because they are appealing to the voter community. Instead of asking the public for money, they are asking for votes.
I'm curious to know who donates the most to political campaigns.
While I always thought that generous donations came from financial/corporate firms, I found out that many large donations are made from well-known brand companies such as AT&T, Microsoft and even Dreamworks! The link below is about Wall St. investigation into public companies' political contributions in the current election cycle.
http://www.huffingtonpost.com/2012/07/02/corporate-political-donations_n_1644375.html