Wednesday, August 09, 2006

As we have seen with
, big loans by a candidate to his campaign can be helpful; but if one looks at the history of self-loans to Congressional campaigns, they do not always guarantee success. In the case of Ned Lamont, winner of yesterday's Connecticut Democratic primary for U.S. Senate, his self-loans were large. According to Political Moneyline, Edward (Ned) Lamont contributed $4,001,500 to his own campaign race. His Ned Lamont For Senate pre-primary campaign finance disclosure report covering activity through 7/19 showed he gave $2,501,000 and later contribution notices indicated he gave donations of $500,000 each on 7/21, 7/27, and 8/2. As there were several types of contributons to his campaign, however, we cannot say that self-loan was the only reason Lamont won.

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