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Bundlers Galore
Three makes a trend, right? Today, there are three news stories on presidential bundlers - campaign contributors who solicit money from other contributors and bundle it together - and their activities. All of these stories highlight the need for bundling disclosure rules from the Federal Election Commission. But two of these stories pinpoint the potential for abuse in the bundling system.
The Washington Post looks at the odd practices of one Harry Sargent III, the owner of an oil trading company with billion dollar defense contracts. Sargent has raised over $50,000 for Sen. John McCain’s presidential bid from a collection of Arab-Americans who refuse to discuss why they gave money to the Republican’s campaign: (more…)
Posted: August 6th, 2008 Tags: 2008, Barack Obama, Bundled contributions, bundlers, Bundling, campaign contributions, Campaign Finance, Defense Contracts, Hess, John McCain, Oil Industry, president
