It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
K Street is playing an increasingly central role in the 2012 presidential race, as hundreds of lobbyists representing some of the world’s largest corporations and trade groups pour money into Republican coffers.
The main beneficiary so far is Mitt Romney, the former Massachusetts governor and equity-fund executive, who is banking on strong support from the business community to propel his White House bid.
More than 100 registered lobbyists have contributed to Romney, giving nearly $200,000 in direct donations, according to a Washington Post analysis of donor and lobbying records. A team of lobbyist fundraisers has also bundled together nearly $1 million in contributions for Romney’s campaign, disclosure records show.
Texas Gov. Rick Perry, who entered the race in August, took in at least $72,000 in contributions from 42 lobbyists through September, plus $77,000 bundled by a bank executive. Dozens of Washington lobbyists have also given money to trailing candidates Jon Huntsman Jr., Newt Gingrich and Rick Santorum, the analysis shows.
Mitt Romney (R) - - $206,550
Rick Perry (R) - - $166,999
Barack Obama (D) - - $84,459
Tim Pawlenty (R) - - $48,750
Jon Huntsman (R) - - $33,750
Newt Gingrich (R) - - $28,550
John Thune (R) - - $12,493
Rick Santorum (R) - - $11,800
James DeMint (R) - - $3,000
Herman Cain (R) - - $2,500
Michele Bachmann (R) - - $2,500
Thad McCotter (R) - - $1,500
Mike Pence (R) - - $1,000
Ron Paul (R) - - $451
A growing number of business leaders, including Pimco's Bill Gross are endorsing many of Ron Paul's economic platforms. During the election coverage for the Iowa Caucus's on January 3rd, CNN analyst Erin Burnett reported that strong supporters of fiscal responsibility in the business industry are also strong supporters of Ron Paul's bid for the White House.
"According to Erin Burnett on CNN last night, an astounding number of top business leaders were OK with the idea of a Ron Paul presidency. The only one she quoted by name was Bill Gross of PIMCO, and it doesn't get more Insider than that. She said that while, "of course," he rejected Ron's ideas about the Fed, Gross liked Ron's budget cuts, pro-capitalism, and foreign policy. She was astounded, but Gross, too, wants to bring the troops home. Amazing what a financial crisis can do. BTW, no one else on CNN was interested in discussing this." – Lew Rockwell