Tuesday, November 23, 2004

New Jersey's Rich Keep Buying Elections

In 2000, former investment banker Jon Corzine spent $63 million of his own money in buying his way into the U.S. Senate.

In 2002, Douglas Forrester spent $8 million of his own money in an unsuccessful bid for the state's other U.S. Senate seat.

In 2004, longtime political contributor Charles Kushner, a patron of now-former Governor James McGreevey and million-dollar donor to the Democratic Party, was fined $500,000 by the Federal Elections Commission for serial violation of campaign finance laws.

This month, November 2004, Forrester has announced that once more he plans to devote millions from his personal fortune on a bid for political office, this time for governor of New Jersey. Similar to the tactics that U.S. Representative Tom Tancredo employs in Colorado, Forrester is letting it be known that he will spend up to $8 million of his own money to win his party's primary, in an attempt to discourage other candidates from running.

If Senator Corzine enters the gubernatorial race, Katie bar the doors to the vault, because you can trust that these two multi-millionaires will have no problem trying to buy their way into office with their personal fortunes.

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