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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Poet4/18/2009 9:26:00 AM
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For Dodd-lovers, a great laugh.

Only five state residents contribute to Dodd
By Peter Urban

Posted: 04/16/2009 08:40:21 PM EDT
WASHINGTON -- U.S. Sen. Christopher Dodd, D-Conn., appears to have looked everywhere but his home state to fuel what pundits anticipate will be one of the most hotly contested races in the nation in 2010.
The five-term incumbent reported raising $4,250 from five Connecticut residents during the first three months of the year while collecting $604,745 from nearly 400 people outside the state.
While incumbents often turn to special interests for early campaign fundraising, Dodd's out-of-state total seems unusually high and comes at a time when he has been plagued by poor approval ratings among state voters.
Massie Ritsch, a spokesman for the Center for Responsive Politics, which tracks federal campaign contributions, said that Dodd's low percentage of in-state funding strikes him as unusual.
"Historically, there is no shortage of campaign money that comes out of Connecticut," he said. "In 2008, Connecticut ranked 14th contributing $53 million to all federal candidates and parties." Ritsch said during his last re-election campaign, Dodd raised 30 percent of his total from within Connecticut
The meager state fundraising effort also seems antithetical to a campaign strategy to rebuild confidence among Connecticut voters that he is on their side.
Dodd's campaign manager Jay Howser touted the first-quarter fundraising effort as evidence of grassroots support based on the senator's work on behalf of Connecticut residents.
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