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December 2, 2009
The Party of the Rich
MOUNT LAUREL, N.J. (AP) - It will take some time to assess the costs and benefits of Jon Corzine's nine years as an elected official. But how much money his political career cost him is now known.He spent $131 million of his own money on three runs for political office since 2000, including primaries, according to an Associated Press analysis of federal and state campaign finance data, including a report issued Tuesday by the state Election Law Enforcement Commission.
That's enough money to pay the entire property tax bill for a year for everyone in Corzine's hometown of Hoboken. It's nearly as much as the NHL paid last month to buy the Phoenix Coyotes and rescue the franchise from bankruptcy.
"After $130 million, what he got out of it was a term in the Senate, a term in the Statehouse and a portrait in the outer office," said Peter McDonough, an adjunct professor at Rutgers University's Eagleton Institute of Politics and a former communications director for Republican former Gov. Christie Whitman.
Amazing. How much is it for every vote he ever got?
Posted by CrankyProfessor at December 2, 2009 6:40 PM