Cranley outraised Chabot
The latest campaign finance reports filed with the Federal Election Commission show Democrats in BOTH Cincinnati congressional districts raised more cash this month.
Victoria Wulsin of Indian Hill outraised Rep. Jean Schmidt of Miami Township in the 2nd District while John Cranley of Price Hill outraised Rep. Steve Chabot of Westwood in the 1st District. The latest reports cover Oct. 1-18.
Both Democrats, however, are still behind in the amount of cash in the bank.
Maybe personal appeals LIKE THIS ONE from Cranley will help change that?
And now, here are the breakouts on the 1st Congressional District race:
Rep. Steve Chabot (R):
Money Raised 10/1-18: $406,554
Money Spent 10/1-18: $574,837
Money in the bank: $565,201
CLICK HERE to read Chabot’s full report.
John Cranley (D):
Money Raised 10/1-18: $408,409
Money Spent 10/1-18: $249,861
Money in the bank: $277,575
CLICK HERE to read Cranley’s full report.
6 Comments:
at 11:48 PM, October 27, 2006 
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at 11:52 PM, October 27, 2006 
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at 4:09 PM, October 28, 2006 
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at 11:35 PM, October 28, 2006 
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at 11:40 PM, October 28, 2006 
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at 10:31 AM, October 29, 2006 
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Post a Comment*but chabot still got oily money
racist billboards. racist tv ads. chabot is a racist. voted for apartheid on city council and his true racist colors are coming out now.
John Cranley was sued by an African-American ex-staffer for discriminating against him. We don't need to export that kind of racism to Washington.
And most of Cranely's $$$$$ has come from George Soros, section 8 slumlords, the biggest pro-gay marriage group in the country and MoveOn.Org. Talk about oily!
Nice headline. "Candidate fund raising about even" or "Chabot keeps fundraising advantage" would have been more accurate, but not as pro-cranley.
"Corporate welfare that government can't afford" was how Chabot described it to The Enquirer in 1995. But he was talking about royalty relief - forgiving the royalties that oil companies pay for drilling on federal lands - not tax breaks.
The energy bill Chabot voted for this year did provide for tax credits to encourage more domestic oil exploration - and also included royalty relief and other subsidies. In fact, Chabot was on the House-Senate conference committee that hammered out the final details of the bill. Chabot's campaign has taken more than $175,100 from energy and natural resources interests (including PACs and individuals) over his career, according to the Center for Responsive Politics. That number represents about 2 percent of his total fundraising.
Members of Congress are required to disclose the companies they own stock in, but not the exact amount. As of his 2005 report, he owned $1,000 to $15,000 in each of the following companies:
Gulf Island Fabrication, which makes offshore drilling platforms.
Encore Acquisition, an oil exploration company with holdings from Texas to Montana.
Matrix Service Co., which builds, repairs and maintains refineries, power plants and other energy facilities.
He bought all three - along with 11 other stocks - in July 2004. He reported less than $200 in annual dividends from each company.
Again, congressmen have to report only vague ranges of their investments, so Chabot's net worth could be anywhere from $385,027 to $1.1 million. That means his oil company holdings can be no more than 12 percent of his portfolio - but probably closer to 2 percent.
The Chabot campaign says he bought the stocks when they appeared in Business Week's "The 100 Best Small Companies" list.
Which specific oil companies receive tax breaks is not a matter of public record. But for what it's worth, Chabot's investments have done quite well. Not including some small dividends, GIFI is up 24 percent since Chabot bought it. EAC is up 34 percent, and MTRX (boosted by some private contracts to repair facilities damaged by Hurricane Katrina) is up 74 percent. The Dow Jones Industrial Average was up 19 percent over the same period.
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