Another reason may be the story floated by his own campaign that due to campaign finance laws, he won’t be able to draw on the vast fortune that his wife Teresa Heinz Kerry’s inherited from her previous husband, the late Sen. John Heinz, a Republican from Pennsylvania.
“We don’t know how much he can actually use from her fortune,” says a Kerry campaign staffer in Washington. “But whether he can use any of it or all of it, the perception that he was loaded and could self-finance the campaign was hurting our bottom line.”
By this, the staffer means, Kerry and his fundraisers were finding it difficult to get Democrats to cut donation checks because so much talk at the time involved how Kerry had the cash on hand to basically pay for his own campaign. Heinz-Kerry is believed to have a personal worth of more than $400 million, and, conceivably, half of that could be identified by hubby John as “shared” wealth, which he could use to finance parts of his campaign. The running joke in Washington has been that the definition of a Kerry fundraiser is whenever Kerry gets into bed with his wife.
“We were doing okay, fundraising, but the question was always popping up, ‘Isn’t your man going to spend his own money?’” says the Kerry staffer. “I think by putting out that story that the Senator probably could not use his wife’s money, we increased our fundraising by at least ten or fifteen percent.”
Beyond the questions their own fundraisers were getting, were the questions about Kerry’s money that fundraisers for other candidates were planting. The Gephardt and Edwards campaigns especially were citing their need for cash — and Kerry’s lack of a need due to his wife’s fortune — as reasons to help them early on and not Kerry.
“It wasn’t necessarily with the big donors, but the small donors, the ones we could go back to three or four times before hitting the limit,” says the Kerry staffer. “And it’s tough to get fundraisers motivated when they think they are working for Daddy Warbucks.”
Or, in this case, the husband of Mommy Warbucks.p> INVALID TOKEN
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online