Perry Mines Texas System to Raise Cash
By NICHOLAS CONFESSORE and MICHAEL LUO
NYT
Two years ago, John McHale, an entrepreneur from Austin, Tex., who has given millions of dollars to Democratic candidates and causes, did something very unusual for him: he wrote a $50,000 check to a Republican candidate, Rick Perry, then seeking a third full term as governor of Texas. In September 2010, he did it again, catapulting himself into the top ranks of Mr. Perry’s donors.
Mr. McHale, a Perry spokesman said after the initial donation, “understands Governor Perry’s leadership has made Texas a good place to do business.”
Including, it turned out, for Mr. McHale’s business interests and partners. In May 2010 an economic development fund administered by the governor’s office handed $3 million to G-Con, a pharmaceutical start-up that Mr. McHale helped get off the ground. At least two other executives with connections to the firm had also given Mr. Perry tens of thousands of dollars.
Mr. Perry leapt into the Republican presidential primary this month preceded by his reputation as a thoroughbred fund-raiser. But a review of Mr. Perry’s years in office reveals that one of his most potent fund-raising tools is the very government he heads.
(More here.)
NYT
Two years ago, John McHale, an entrepreneur from Austin, Tex., who has given millions of dollars to Democratic candidates and causes, did something very unusual for him: he wrote a $50,000 check to a Republican candidate, Rick Perry, then seeking a third full term as governor of Texas. In September 2010, he did it again, catapulting himself into the top ranks of Mr. Perry’s donors.
Mr. McHale, a Perry spokesman said after the initial donation, “understands Governor Perry’s leadership has made Texas a good place to do business.”
Including, it turned out, for Mr. McHale’s business interests and partners. In May 2010 an economic development fund administered by the governor’s office handed $3 million to G-Con, a pharmaceutical start-up that Mr. McHale helped get off the ground. At least two other executives with connections to the firm had also given Mr. Perry tens of thousands of dollars.
Mr. Perry leapt into the Republican presidential primary this month preceded by his reputation as a thoroughbred fund-raiser. But a review of Mr. Perry’s years in office reveals that one of his most potent fund-raising tools is the very government he heads.
(More here.)
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