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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (37281)	7/23/2004 5:13:54 PM
From: longnshort	Respond to of 81568

You must of really been worried about the mental health of Clinton then.

To: ChinuSFO who wrote (37281)	7/23/2004 5:48:08 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 81568

Great article!! The Amazing Money Machine Defying doomsayers, the Dems -- by some measures -- are outraising the Republicans TECHIES WOOED Silicon Valley has especially rallied to Kerry's side. Even Intel (INTC ) Chairman Andrew S. Grove recently contributed $2,000. Intel is a leader in the push to stop an accounting-rule change requiring companies to expense stock options -- a position Kerry does not support. To woo high-tech execs, Kerry dispatched key economic adviser Roger C. Altman, chairman of New York investment firm Evercore Partners Inc., to California. On July 13, Altman camped out at Yahoo! (YHOO ) headquarters for one-on-one meetings with Valley execs. One invitee, Marc Andreessen, chairman of software-maker Opsware Inc. and a founder of Netscape Communications Corp., had previously spoken out against Kerry's views on trade, but was won over. While he's not giving Kerry money yet, he says: "They're doing a full-court press and doing it pretty effectively." But it's people like Andy Rappaport, a Menlo Park venture capitalist, who are key to Kerry's catch-up fund-raising. Rappaport and wife, Deborah, have "maxed out" by giving a combined $190,000 to Kerry, party committees, and other Democratic candidates. Overall, the couple has donated $5 million to liberal causes, including 527 groups that now accept the soft money that the party can't. Rappaport reports that he gets daily calls from people who say: "I've been a Republican my whole life, and I never thought I'd vote for a Democrat. But I am so angry at what this Administration is doing that I'm not only going to vote for John Kerry, but I want to have a fund-raiser for him." But nothing has succeeded for Kerry like the Internet. Kerry has raised $57 million through online donations, or nearly one-third of his total. Bush, by comparison, has raised a mere $9 million online. The beauty of these contributions, says Kerry Internet fund-raising director Josh Ross, who took a leave from his job as a vice-president at Silicon Valley company USWeb, is that the donations are "low-effort and high-margin." The cost of raising $1 via the Net is about 3 cents, vs. 15 cents for a telemarketing call or a piece of direct mail. And five-course dinners that attract high-rollers who can give up to $2,000 apiece can eat up 25 cents of every $1 raised. yahoo.businessweek.com