Chris Dodd’s Big Money Funders

Photo courtesy of flickr user Randy Bayne.

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You may have seen a Connecticut Post report floating around the Internet this morning that looks at Sen. Chris Dodd’s fundraising report from the first quarter of 2009 and finds that there are only five citizens from Connecticut who donated. Those five plucky Nutmeg Staters gave a total of $4,250. Dodd has a 33 percent popularity rating and is losing in hypothetical match-ups to basically every Republican pollsters can find. The citizens of CT clearly don’t want him around. So how did Dodd raise $1,048,674 in just three months?

As Daniel Schulman and I report in our story today, it mostly came from Big Finance. Here’s the breakdown. Executives and PACs representing banks, financial services companies, and real estate brokerages gave Dodd at least $299,000. (NB: That means the folks that Dodd, chairman of the Banking committee, is supposed to oversee gave 70 times more than the folks Dodd is supposed to represent.) Insurers and health care interests gave $48,000. And lobbyists, many of whom have Wall Street clients, chipped in $62,800 more.

So there you have it. It’s no wonder the folks that Dodd represents aren’t terribly excited about having him back. It’s not clear who he represents anymore.

Update: Keep in mind, there is a way to eliminate this whole money-in-politics game….

THE FACTS SPEAK FOR THEMSELVES.

At least we hope they will, because that’s our approach to raising the $350,000 in online donations we need right now—during our high-stakes December fundraising push.

It’s the most important month of the year for our fundraising, with upward of 15 percent of our annual online total coming in during the final week—and there’s a lot to say about why Mother Jones’ journalism, and thus hitting that big number, matters tremendously right now.

But you told us fundraising is annoying—with the gimmicks, overwrought tone, manipulative language, and sheer volume of urgent URGENT URGENT!!! content we’re all bombarded with. It sure can be.

So we’re going to try making this as un-annoying as possible. In “Let the Facts Speak for Themselves” we give it our best shot, answering three questions that most any fundraising should try to speak to: Why us, why now, why does it matter?

The upshot? Mother Jones does journalism you don’t find elsewhere: in-depth, time-intensive, ahead-of-the-curve reporting on underreported beats. We operate on razor-thin margins in an unfathomably hard news business, and can’t afford to come up short on these online goals. And given everything, reporting like ours is vital right now.

If you can afford to part with a few bucks, please support the reporting you get from Mother Jones with a much-needed year-end donation. And please do it now, while you’re thinking about it—with fewer people paying attention to the news like you are, we need everyone with us to get there.

payment methods

THE FACTS SPEAK FOR THEMSELVES.

At least we hope they will, because that’s our approach to raising the $350,000 in online donations we need right now—during our high-stakes December fundraising push.

It’s the most important month of the year for our fundraising, with upward of 15 percent of our annual online total coming in during the final week—and there’s a lot to say about why Mother Jones’ journalism, and thus hitting that big number, matters tremendously right now.

But you told us fundraising is annoying—with the gimmicks, overwrought tone, manipulative language, and sheer volume of urgent URGENT URGENT!!! content we’re all bombarded with. It sure can be.

So we’re going to try making this as un-annoying as possible. In “Let the Facts Speak for Themselves” we give it our best shot, answering three questions that most any fundraising should try to speak to: Why us, why now, why does it matter?

The upshot? Mother Jones does journalism you don’t find elsewhere: in-depth, time-intensive, ahead-of-the-curve reporting on underreported beats. We operate on razor-thin margins in an unfathomably hard news business, and can’t afford to come up short on these online goals. And given everything, reporting like ours is vital right now.

If you can afford to part with a few bucks, please support the reporting you get from Mother Jones with a much-needed year-end donation. And please do it now, while you’re thinking about it—with fewer people paying attention to the news like you are, we need everyone with us to get there.

payment methods

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