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August 3, 2012

Self-funding: Is it really worth it?

    • 58 political candidates gave $500,000 or more to their own campaigns in 2010
    • 11 of those 58 actually ended up winning their elections (roughly $19%)
    • $130Mtotal amount of self-donations to 2012 campaigns—so far source

    » Not much bang for the buck: Tons of money is needed to get a political campaign off the ground, but that doesn’t mean being rich out of the gate is a sure-fire win for wannabe politicians. In 2010, wrestling magnate Linda McMahon spent $50 million on her own Senate campaign only to be crushed by Richard Blumenthal, who’d raised a (relatively) modest $8.7 million. More recently, Texas Lt. Gov. David Dewhurst lost the GOP primary after giving $24 million to his own war chest—the most so far of any candidate this cycle. But this doesn’t seem to be discouraging wealthy candidates: McMahon is running for the Senate again this year, and her $8.8 million contribution constitutes 90% of what she’s raised so far.

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    7:22 // 2 years ago
    October 29, 2010

    Can you wear WWE garb to support Linda McMahon at the polls?

    • YES you can dress up like Hulk Hogan at the polls in CT source
    16:00 // 3 years ago
    October 14, 2010
    How can you claim to be a
    political figure when you are on
    stage wrestling with your own
    daughter?
    Connecticut resident Stacey Smith • Pinpointing the problem Linda McMahon has with wooing female voters. Part of it is that she’s one of the driving forces behind the WWE, an organization which not only doesn’t cater to women but portrays them cartoonishly. She’s also getting guff because she’s spent so much time and money on negative advertising. The end result? Richard Blumenthal is leading her 2:1 among females, the effect of which has put him well ahead in the race to replace Chris Dodd in the Senate. source (via)
    9:58 // 3 years ago