Author Topic: DNC to offer $1 Million Dollar tickets at Convention.  (Read 362 times)

Soul Crusher

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DNC to offer $1 Million Dollar tickets at Convention.
« on: February 09, 2012, 09:07:26 AM »
The ‘People’s’ Convention?
DNC in Charlotte to Feature Million-dollar tickets, luxury suites, concierge services for the 1 Percent
 
BY: Andrew Stiles - February 9, 2012 5:00 am



http://freebeacon.com/concierge-convention-in-charlotte





The organizers of the upcoming Democratic National Convention are doing everything possible to get around the same financial restrictions they once promoted in a concerted effort to make sure that America’s wealthiest individuals, corporations, and lobbyists contribute their “fair share” to the convention.

Host committee spokeswoman Suzi Emmerling, formerly of the liberal think tank Center for American Progress, insisted that convention leaders were not attempting to sidestep the fundraising restrictions. Democratic National Convention Committee CEO Steve Kerrigan, she said, had simply been “educating Beltway types about the new rules.”

“All of this is brand new,” Emmerling tells the Washington Free Beacon. “A convention has never been funded this way before, so there are a lot of false assumptions about what we’re doing.”

Democrats are billing the upcoming Democratic National Committee’s annual convention as a “People’s Convention,” funded by “the people.” At President Obama’s request, the host committee in Charlotte—which must raise $36.6 million to pay for the convention—has promised to refuse donations from corporations, lobbyists or other special interest groups, including unions. Individual contributions are limited to $100,000.

But living up to these ambitious self-imposed rules is proving more difficult than party leaders expected. Local sources say the DNC is approaching wealthy Bank of America executives in an effort to unload some of its premier convention packages. A number of these executives have been shocked at the audacity of the proposition, given the administration’s attacks on not only the bank but also on wealthy Americans in general. President Obama and his Democratic colleagues have repeatedly charged that wealthy Americans are not “paying their fair share” to the federal government in the form of taxes.

Steve Kerrigan, the committee CEO, recently convened a meeting with lobbyists and other Beltway power brokers at the Jefferson Hotel in Washington D.C. Democratic sources told Bloomberg that Kerrigan, a former national political director for Sen. Ted Kennedy (D-Mass.), touted an expensive array of convention “packages” that were aimed at attracting ultra-wealthy donors.

One of the options is the $1 million “Presidential” level, which includes a “premier uptown hotel room” and “concierge services,” as well as the $500,000 “Gold Rush” package.

Convention leaders have also sought to court ultra-wealthy donors by moving the president’s acceptance speech to Bank of America Stadium (the bank is headquartered in Charlotte), the 74,000-seat home to the NFL’s Carolina Panthers. White House Press Secretary Jay Carney said the decision was intended to allow “greater participation from all walks of life.” However, Democratic sources confided that the move would allow convention organizers “to sell more skyboxes to wealthy donors,” according to Bloomberg.

Committee officials dispute the report. “Decisions about convention planning are driven by engaging more people in the process, not by money,” Kerrigan said in a statement.

Still, the decision was criticized on the left by those who were not pleased with the idea of Obama accepting his party’s nomination under the banner of the country’s second-largest financial institution, which received a $45 billion taxpayer-funded bailout during the financial crisis. Obama himself has directed some tough rhetoric toward Bank of America. For example, when the bank proposed charging a $5 monthly fee to debit card users, Obama complained that the bank was “using financial regulation as an excuse to charge consumers more.”

But “educating” the super-rich is not the only way the DNC has sought to sidestep its convention fundraising rules. For instance, while the convention committee isn’t accepting cash donations from corporations, there are no corresponding restrictions with respect to “in kind” donations such as food or equipment, which can add up to millions of dollars. The DNCC has also established a separate “Hospitality” committee, called the New American City Foundation, to sponsor parties and other events associated with the convention, which is not bound by the same fundraising restrictions.

The overall fundraising effort appears to be struggling. Convention organization recently decided to shorten the length of the convention from four days to three. Local officials, meanwhile, have raised concerns about the host committee’s refusal to disclose its fundraising progress.

Scott Stone, former Republican candidate for mayor of Charlotte, cites the host committee’s refusal to release its fundraising records as “a significant concern.” “Not only because of the lack of transparency,” he says, “but if they don’t meet their numbers, taxpayers could be left with the bill.”

A host committee official tells the Washington Free Beacon that there are no plans to publicly release fundraising figures before the FEC-mandated deadline of one month following the convention. Meanwhile, organizers in Tampa, Fla., site of the 2012 GOP convention, announced back in August that they had raised $15 million of their $55 million goal.

A review of the DNC fundraising figures from the 2008 convention in Denver suggest that party leaders were wildly optimistic to believe they could raise $36 million from “the people.” Of the $61 million the DNC raised for the Denver convention, more than 70 percent came from donations of $250,000 or higher. Nearly a quarter of the convention’s funding came from just 12 donations of more than $1 million. Union groups alone gave $8.3 million (14 percent). Contributions of $100,00 or less—this year’s limit—accounted for only 5 percent of the total.

This entry was posted in Democratic Donors and tagged Charlotte convention, DNC, DNCC, Steve Kerrigan. Bookmark the permalink.


blacken700

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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #1 on: February 09, 2012, 09:13:54 AM »
just as long as they pay the hotel bill,and not slip out the bathroom window like the repubs did ;D

Soul Crusher

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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #2 on: February 09, 2012, 09:18:36 AM »
just as long as they pay the hotel bill,and not slip out the bathroom window like the repubs did ;D

Considering how obama skipped out on the cops bill, I would not want to host obama

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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #3 on: February 09, 2012, 09:19:52 AM »

Obama: I’m going after Romney, not Wall Street
The President's populist campaign theme has made big moneymen nervous
Comments (55)
 




By Corky Siemaszko / NEW YORK DAILY NEWS
Wednesday, February 8, 2012, 2:14 PM

President Obama has message for Wall St.  — I will not demonize you, just Mitt Romney and his ties to you.

That assurance was conveyed by Obama’s campaign manager Jim Messina in a private meeting with nervous Democratic donors from the financial services industry, Bloomberg News reported Tuesday.

Messina met with some of Obama’s biggest backers this week at the members only Core Club in Manhattan, where he was questioned about the increasingly populist tone of the President’s reelection campaign.

The campaign chief responded that Mitt Romney was the target — not the private equity industry that enriched the former Massachusetts governor, two people who were at the meeting told the news wire.

Obama has yet to directly attack Romney, the struggling GOP front runner.

But he has indicated that economic fairness for middle class Americans and raising taxes on rich people like Romney are central themes of his campaign.

Also, look for the Obama campaign to zero in on Romney’s role at the Boston-based private equity firm Bain Capital.

Romney’s Republican rivals, notably Newt Gingrich, have already ripped Bain as a shark-like outfit that made Mitt millions by buying up struggling companies — and firing legions of workers to improve their bottom lines.

Those attacks have been drawn blood because Romney has been running as a savvy businessman and self-proclaimed “job creator” on the campaign trail.

During his first presidential run, Obama got millions from many Wall Streeters.

But when Obama began pushing reforms aimed at regulating the industries reponsible for plunging the nation into a recession, Romney began receiving the lion’s share of campaign donations from the financial services sector.

csiemaszko@nydailynews.com



Read more: http://www.nydailynews.com/news/politics/obama-i-m-romney-wall-street-article-1.1019256#ixzz1luEgXJrP


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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #4 on: February 09, 2012, 09:33:29 AM »
obama sucking up to wall street now that he wants their money.


and they'll probably give it to them.  they probably see even if romney limps out of the nomination, there is ZERo excitement about him.

Soul Crusher

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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #5 on: February 09, 2012, 09:34:57 AM »
obama sucking up to wall street now that he wants their money.


and they'll probably give it to them.  they probably see even if romney limps out of the nomination, there is ZERo excitement about him.


Obama is a media creation that is used to dupe idiots and fools into believing the imagery they created about him vs the reality.   

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Re: DNC to offer $1 Million Dollar tickets at Convention.
« Reply #6 on: February 09, 2012, 06:37:24 PM »
  The only person stupider than the guy who sets the ticket prices would be the guy that actually buys one.