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Exploring Fred Thompson's Finances
Center for Responsive Politics ^ | August 03, 2007

Posted on 08/13/2007 8:44:35 AM PDT by Calpernia

Southern donors, lawyers, retirees and investors are major backers to the undeclared candidate's exploratory committee, the Center for Responsive Politics finds.

Although Republican Fred Thompson has not officially declared his candidacy for president, he was required to file the financial report for his "testing the waters" efforts by July 31. His "Friends of Fred Thompson" exploratory committee is a 527 committee, which reports to the IRS, not yet a campaign committee that would report to the FEC. Critics have accused Thompson of dodging the disclosure rules that other candidates must abide by, while the former "Law and Order" actor has said he's just making sure there's enough interest in him as a candidate to make a formal bid.

Much of Thompson's money seemed to come from his home state of Tennessee. His supporters thus far include Howard Baker, a former U.S. senator from the state; Indianapolis Colts quarterback Peyton Manning, who played for the University of Tennessee in college; and William Haslam, mayor of Knoxville. While Thompson's total haul shown here is nothing to scoff at by previous elections' standards, it wasn't the $5 million his aides hoped for.

Contributions to Fred Thompson

Sector Totals

Sector Total

Finance/Insurance/RealEstate $585,375
Other $339,925
Lawyers & Lobbyists $326,925
Misc Business $296,862
Construction $117,000

Health $115,150
Communications/Electronics $83,914
Energy/Natural Resources $59,500
Transportation $53,300
Agribusiness $28,250
Ideology/Single-Issue $24,450

Defense $8,100

Industry Totals

Industry Total

Lawyers/Law Firms $318,525
Retired $248,475
Real Estate $218,250
Securities & Investment $140,825
Misc Finance $115,650

Misc Business $93,550
Business Services $77,462
Health Professionals $58,350
Commercial Banks $56,500
General Contractors $54,750
Civil Servants/Public Officials $47,550

Retail Sales $40,800
Insurance $35,150
Oil & Gas $34,050
TV/Movies/Music $33,875
Building Materials & Equipment $32,750

Computers/Internet $30,500
Misc Manufacturing & Distributing $30,050
Food & Beverage $27,800
Education $27,750

Top Ten Donors

Donor Total

INS Capital Management $27,600

Gannon International $21,612
DT McCall & Sons $20,700
Akin, Gump et al $18,900
Barrett, Burke et al $16,100
Jones Management Services $13,800

HJ Kalikow & Co $13,800
Friedman, Fleischer & Lowe $13,800
Guggenheim Advisors $12,500
Byrd & Stitzel $11,500

Information taken from data filed with the IRS.

Fred Thompson's Contributions by Location

Top 10 States

State Total

Tennessee $1,302,167
Texas $337,450
New York $195,100
Virginia $193,131

California $166,120
Florida $148,900
Georgia $121,900
Louisiana $83,500
Mississippi $54,175
Maryland $50,350

Top 10 Metro Areas

Metro Area Total

Nashville $576,517

Knoxville $277,550
Washington, DC-MD-VA-WV $248,431
New York $133,400
Dallas $100,250
Fort Worth-Arlington $91,800
Memphis, TN-AR-MS $74,350

Atlanta $71,400
Chattanooga, TN-GA $69,350
Houston $62,550

Information taken from data filed with the IRS.

Fred Thompson's Expenses

Top 10 Expenditures

Recipient Total Expenditure

StraightLine $66,750

i Web Strategies $65,363

Project Performance Corp $49,738
Fall School Business Center $39,051
Internal Revenue Service $35,031
Kaegi Resources $35,000
CMDI $33,137

Phil Martin $32,526

Bryan Cave, LLP $25,322
New Media Strategies $21,142

Expenditures by Category

Sector Total

Administrative $499,339
Fundraising $86,719
Media $21,350

Campaign Expenses $15,000

Contributions $2,725
Unknown $613
GRAND TOTAL $625,746

Expenditures taken from data filed with the IRS.



TOPICS: Politics/Elections
KEYWORDS: donors; finances; fred; fredthompson; fundraising; money
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Race For The White House - 2nd Quarter Primary Fundraising

1 posted on 08/13/2007 8:44:42 AM PDT by Calpernia
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To: Calpernia

Indianapolis Colts quarterback Peyton Manning!...........What about REGGIE BUSH??!?!?!?!?..................


2 posted on 08/13/2007 8:46:54 AM PDT by Red Badger (All I know about Minnesota, I learned from Garrison Keilor.............)
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To: Calpernia
Contributions will be pouring in once Fred declares. All this “concern” about Fred’s financial standing is a sleazy attempt to discount his campaign.
3 posted on 08/13/2007 8:48:57 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Red Badger

Reggie Bush?


4 posted on 08/13/2007 8:49:10 AM PDT by Calpernia (Breederville.com)
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To: trisham

Did I misunderstand you? Or did you just call me or my posting sleazy?


5 posted on 08/13/2007 8:50:48 AM PDT by Calpernia (Breederville.com)
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To: Calpernia

Running back, New Orleans Saints........The current NFL ad blitz for the start of the season features Peyton and Reggie checking into the same hotel and then they start playing tricks on each other, like ordering 50 lobsters to the other persons room and then they escalate up to Reggie ordering a cow up to Peyton’s room, under Peyton’s name of course...........Their teams play the first day of the season......


6 posted on 08/13/2007 8:52:12 AM PDT by Red Badger (All I know about Minnesota, I learned from Garrison Keilor.............)
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To: trisham
Fred’s a smart guy.

Already people are getting SICK of the premature stumping around. It’ like celebrating Christmas right after Easter. He’ll announce and not need to back track on statements as other candidates will have to do. Things change and many candidates have made specific statements that will NOT make sense at a later time - especially on IRAQ - guess it’s not a “Bush bumper sticker” after all and PROGRESS is being made through the “surge”.

7 posted on 08/13/2007 8:55:40 AM PDT by nmh (Intelligent people recognize Intelligent Design (God) .)
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To: Red Badger

>>>The current NFL ad blitz for the start of the season features Peyton and Reggie checking into the same hotel and then they start playing tricks on each other, like ordering 50 lobsters to the other persons room...

Hey, anyone want to play that trick on me is more than welcome!


8 posted on 08/13/2007 8:55:50 AM PDT by Calpernia (Breederville.com)
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To: trisham

“Contributions will be pouring in once Fred declares. All this “concern” about Fred’s financial standing is a sleazy attempt to discount his campaign.”

Agree!

I haven’t seen others under such a microscope. They’re grasping at straws to minimize him because he is a THREAT to other GOP contenders.


9 posted on 08/13/2007 8:57:28 AM PDT by nmh (Intelligent people recognize Intelligent Design (God) .)
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To: Calpernia

But YOU would have to pay for them! They order the stuff in each others names!............


10 posted on 08/13/2007 8:58:04 AM PDT by Red Badger (All I know about Minnesota, I learned from Garrison Keilor.............)
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To: Calpernia

I want to see Harry Reid’s finances. now that would be interesting news.


11 posted on 08/13/2007 8:58:07 AM PDT by Ancient Drive
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To: Calpernia

“Hey, anyone want to play that trick on me is more than welcome!”

I bet you wouldn’t say that if they send you the bill.


12 posted on 08/13/2007 9:00:06 AM PDT by roballen
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To: Red Badger

::puts butter back in freezer::


13 posted on 08/13/2007 9:00:15 AM PDT by Calpernia (Breederville.com)
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To: Calpernia
OH NO!

Successful professionals are going to support Fred!

Currently most are from the South!

Arrgh, he’s DOOMED!

14 posted on 08/13/2007 9:08:29 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: Calpernia

“Hey, anyone want to play that trick on me is more than welcome!’

It wasn’t fifty lobsters, but I stayed in that hotel once and did pick up a case of crabs.


15 posted on 08/13/2007 9:10:47 AM PDT by gcruse (Let's strike Iran while it's hot.)
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To: Calpernia

If they were donating to Paul, it would have just been shrimp.

Tells you the different caliber of supporters though don’t it...


16 posted on 08/13/2007 9:13:34 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: gcruse

And that is something you want announced on a public forum?


17 posted on 08/13/2007 9:13:52 AM PDT by Calpernia (Breederville.com)
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To: ejonesie22
I didn’t know crustaceans had social classes.
18 posted on 08/13/2007 9:15:03 AM PDT by Calpernia (Breederville.com)
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To: Calpernia

What have you got against crabs?


19 posted on 08/13/2007 9:17:51 AM PDT by gcruse (Let's strike Iran while it's hot.)
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To: gcruse

Nothing against blue claws or Alaskan Kings. I would just want to be real clear about the intention of a post like that.


20 posted on 08/13/2007 9:20:26 AM PDT by Calpernia (Breederville.com)
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To: trisham
Hillary Clinton still hounded by blood-money questions

Now that's sleazy...

:)

21 posted on 08/13/2007 9:20:39 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Calpernia
Oh, my--surely not "sleazy" posting from a Duncanista! I think that the FReeper you address really meant that (s)he is really glad that you are on top of FDT's donations--you know, keeping an eye on things. You Hunter fans have sharp eyes, you know? After all, all of you knew that Hunter had paid his daughter in-law $105,000 from 2001-2006 from his PAC money, right? That's why none so many of you Duncanistas were criticizing Thompson for doing something that Duncan Hunter also did, right? Yes, we rely on you to keep the Thompson campaign on the straight and narrow.
22 posted on 08/13/2007 9:23:32 AM PDT by Clara Lou
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To: Calpernia

New York State ranks third in Donors by State, and New York City ranks fourth in Donors by Metro Area.

Now, that’s encouraging.


23 posted on 08/13/2007 9:25:03 AM PDT by eastsider
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To: Calpernia
Oh yes, there are Shrimp, Prawns, Rock lobsters, Maine lobsters, langistinos (damn immigrants)...
24 posted on 08/13/2007 9:29:14 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: Calpernia
Holy mackeral, no.

I apologize for the misunderstanding, I should have been more clear and quoted this:

While Thompson's total haul shown here is nothing to scoff at by previous elections' standards, it wasn't the $5 million his aides hoped for.

It's annoying how often even good news is tempered by this kind of thing.

25 posted on 08/13/2007 9:39:02 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Clara Lou

You trolling my post too? I posted everyone’s 2nd Quarter results. Should I not include Fred?


26 posted on 08/13/2007 9:39:42 AM PDT by Calpernia (Breederville.com)
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To: nmh

Agreed. Fred is working the system in a very intelligent way.


27 posted on 08/13/2007 9:40:17 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: trisham
"Contributions will be pouring in once Fred declares"

Agreed, a lot of people are just waiting for him to officially announce. November 2007 would be a good time.

With all the constant media hype about the candidates and all their completely useless straw polls and multiple meaningless debates, Mr Thompson can (sadly) capitalize on the fact that a LOT of American voters are going to be really ticked when the national election doesn't materialize THIS November. I've been doing politics for decades, and personally suspect that voter burn out from a two year long election year is what Democrats are counting on to win. A Fred Thompson candidacy has the potential to counteract burnout and recapture voters' interest.

28 posted on 08/13/2007 9:40:49 AM PDT by cake_crumb (May I never live to see the day America has a 'popular war'. God bless our troops.)
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To: Calpernia

LOL!


29 posted on 08/13/2007 9:40:54 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: ejonesie22

That sounds more like species than social class.

Guess I’m missing your point? Or did you have one?


30 posted on 08/13/2007 9:40:59 AM PDT by Calpernia (Breederville.com)
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To: Calpernia

Just a little fun...


31 posted on 08/13/2007 9:43:45 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: trisham
Now mackeral is a different class than a crustacean. And it is one fish I’ve still not caught in my life time.
32 posted on 08/13/2007 9:44:07 AM PDT by Calpernia (Breederville.com)
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To: Calpernia

Me either. I’m a small-mouth bass fisher, uh, person. :)


33 posted on 08/13/2007 9:45:50 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: ejonesie22
Recommend!
34 posted on 08/13/2007 9:45:53 AM PDT by Calpernia (Breederville.com)
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To: ejonesie22

Their New England Clam Chowder is OUT OF THIS WORLD.


35 posted on 08/13/2007 9:46:51 AM PDT by Calpernia (Breederville.com)
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To: Calpernia

Oh yeah, they’re excellent...

Good Chowder also...


36 posted on 08/13/2007 9:50:16 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: Calpernia

Ha ha ha, we are of the same mind on seafood at least...


37 posted on 08/13/2007 9:50:53 AM PDT by ejonesie22 (Vote for the man who will keep those Barbary Pirates at bay, RON PAUL 1816!)
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To: Calpernia

Thank you, Calpernia.

I am sure we all want a presidential candidate who can stand up and defend his own decisions-fiscal and otherwise.


38 posted on 08/13/2007 9:57:18 AM PDT by fetal heart beats by 21st day (Defending human life is not a federalist issue-it is the business of all humanity.)
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To: jellybean; girlangler; KoRn; Shortstop7; Lunatic Fringe; Darnright; babygene; pitbully; granite; ...
PING!!

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Fredipedia: The Definitive Fred Thompson Reference

WARNING: If you want to be added to this list, this ping list is EXTREMELY active.

39 posted on 08/13/2007 10:02:57 AM PDT by Politicalmom (Of the potential GOP front runners, FT has one of the better records on immigration.- NumbersUSA)
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To: Politicalmom

I never realized how much Fred looks like Jack Nicholson.


40 posted on 08/13/2007 10:05:22 AM PDT by Calpernia (Breederville.com)
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To: Politicalmom
I think those numbers are lookin' good.
Way to go Transportation sector!
America. Together. Again
Fred Thompson/JC Watts in '08

41 posted on 08/13/2007 10:32:08 AM PDT by papasmurf (<<<<< Click there to see my dogs! Oh, and I have FRed one liners, too.)
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To: Politicalmom; Iowa Granny

Washington DC and New York are numbers 3 and 4.

How utterly fascinating!


42 posted on 08/13/2007 10:50:19 AM PDT by prairiebreeze (PUT AMERICA AHEAD! VOTE FOR FRED!!)
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To: trisham

Maybe, I’ve been on board with Fred but I’m pretty sick of waiting.
After seeing Huckabee get #2 in the straw poll and him being THE FairTax candidate I’m hoping he gets more press now and they quick blacking him out. If he does start to get the press he deserves I’ll go for him unless Fred specifically endorses the Fair Tax by name and not just some crappy lip service to tax reform BS like the other “conservatives” have.


43 posted on 08/13/2007 11:13:54 AM PDT by TheKidster (you can only trust government to grow, consolidate power and infringe upon your liberties.)
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To: TheKidster

Sure, Huckabee’s great on taxes:

Is Arkansas Governor Mike Huckabee a Pro-Growth, Economic Conservative?

Taxes

The Club for Growth is committed to lower taxes across the board. Lower taxes on work, savings, and investments lead to greater levels of these activities, thus encouraging greater economic growth.

Governor Huckabee touts himself as an economic conservative, writing in his biography that he “pushed through the Arkansas legislature the first major, broad-based tax cuts in state history” and “led efforts to establish a Property Taxpayers’ Bill of Rights” early on as governor (Arkansas Times 09/22/05), but he only offers a small piece of the picture. It is true that Governor Huckabee fought for an $80 million tax cut package in 1997 that was passed by the Arkansas legislature (Cato Policy Analysis No. 315, 09/03/98); cut the state capital gains tax in 1999 (The Commercial Appeal 02/29/99); and passed the Property Taxpayers’ Bill of Rights in the same year, limiting the increase in property taxes to 10% a year for individuals and 5% per taxing unit (AP 03/16/99). However, his record over the rest of his ten-year tenure tells a starkly different story.

Immediately upon taking office, Governor Huckabee signed a sales tax hike in 1996 to fund the Games and Fishing Commission and the Department of Parks and Tourism (Cato Policy Analysis No. 315, 09/03/98).
He supported an internet sales tax in 2001 (Americans for Tax Reform 01/07/07).
He publicly opposed the repeal of a sales tax on groceries and medicine in 2002 (Arkansas News Bureau 08/30/02).
He signed bills raising taxes on gasoline (1999), cigarettes (2003) (Americans for Tax Reform 01/07/07), and a $5.25 per day bed-tax on private nursing home patients in 2001 (Arkansas New Bureau 03/01/01).
He proposed another sales take hike in 2002 to fund education improvements (Arkansas News Bureau 12/05/02).
He opposed a congressional measure to ban internet taxes in 2003 (Arkansas News Bureau 11/21/03).
In 2004, he allowed a 17% sales tax increase to become law (The Gurdon Times 03/02/04).

By the end of his ten-year tenure, Governor Huckabee was responsible for a 37% higher sales tax in Arkansas, 16% higher motor fuel taxes, and 103% higher cigarette taxes according to Americans for Tax Reform (01/07/07), garnering a lifetime grade of D from the free-market Cato Institute. While he is on record supporting making the Bush tax cuts permanent, he joined Democrats in criticizing the Republican Party for tilting its tax policies “toward the people at the top end of the economic scale” (Washington Examiner 09/13/06), even though objective evidence demonstrates that the Bush tax cuts have actually shifted the tax burden to higher income taxpayers.

Finally, Governor Huckabee opposed further tax cuts at a 2005 gathering of Iowa conservatives (AP 09/17/05). On January 28, 2007, Governor Huckabee refused to pledge not to raise taxes if elected President, first on Meet the Press and then at the National Review Conservative Summit. The evidence suggests that his commitment to protecting taxpayers evidenced in his early gubernatorial years may be a thing of the past.

Spending

The Club for Growth is committed to reducing government spending. Less spending enhances economic growth by enabling lower taxes and diminishing the economically inefficient political allocation of resources.

Under Governor Huckabee’s watch, state spending increased a whopping 65.3% from 1996 to 2004, three times the rate of inflation (Americans for Tax Reform 01/07/07). The number of state government workers rose 20% during his tenure (Arkansas Leader 04/15/06), and the state’s general obligation debt shot up by almost $1 billion, according to Americans for Tax Reform. The massive increase in government spending is due in part to the number of new programs and expansion of already existing programs initiated by Governor Huckabee, including ARKids First, a multimillion-dollar government program to provide health coverage for thousands of Arkansas’ children (Arkansas News Bureau 04/13/06).

These large increases in government borrowing and spending significantly impede economic growth.

http://www.clubforgrowth.org/2007/01/a_report_on_mike_huckabees_fis.php


44 posted on 08/13/2007 11:31:18 AM PDT by Politicalmom (Of the potential GOP front runners, FT has one of the better records on immigration.- NumbersUSA)
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To: All

Well no-one can say he’s in the pocket of Big Oil....:^)


45 posted on 08/13/2007 11:37:20 AM PDT by az_gila (AZ - need less democrats)
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To: TheKidster
I agree, it’s not easy waiting to see if and when Fred will declare, but it’s not as if there’s anyone else out there who is a viable alternative.
46 posted on 08/13/2007 11:39:37 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: cake_crumb
The “straw poll” was a bit of a joke.

Turn out was VERY low.

People don’t make a political decision, let’ see ... over one year in advance. Mitt is just having his moment of fame ... like Rudy did ... as they get to know these loose cannons they back off.

Common sense should tell anyone that NO conservative would ever get elected in Mass.. or is it taxachussetts - he’s just another liberal ... as a former governor there, I’m not surprised at his winking at homosexuals and his wife writing out a check to Planned Parenthood ... people KNOW who they write checks out to ... they might not remember the exact date but they KNOW who they support ... .

47 posted on 08/13/2007 11:56:02 AM PDT by nmh (Intelligent people recognize Intelligent Design (God) .)
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To: nmh
The other day I read a quote from one of Duncan Hunter's staffers that this is "the start of our campaign." The idea is that, while Hunter declared months ago, he hasn't actually started campaigning until now.

Now, setting aside for the moment whether anyone actually believes that, what do you think is a better strategy? Declaring in April and beginning to campaign in August, or declaring in September and campaigning in September.

If Hunter has really not been campaigning until now, then I think he has the right idea, since any campaigning before the fall is essentially meaningless anyway, except as an opportunity to have a Makaka moment and shoot yourself in the foot. However, when you're officially in the race, people expect you to make progress, and if you aren't, your campaign is seen as moribund, and it's over before it begins.

Fred is exactly right not to begin campaigning in earnest until September, when it really starts to count, and he is exactly right not to declare his candidacy until he is good and ready to campaign. Anyone who donated to a candidate who spent millions in Iowa getting ready for this straw poll ought to demand their money back.
48 posted on 08/13/2007 12:26:00 PM PDT by The Pack Knight (Duty, Honor, Country. Right-Wing Conspirator and Friend of Fred)
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To: Politicalmom

That’s a pretty lame record, on par with the other executives he’s running against, BUT he is the only one besides Tancredo that is running solidly on the FairTax. I believe this is something that if implemented would cure America of many of it’s economic and social problems, get us out of China’s shadow and bring more freedom and liberty to every individual.

That is a big deal. I didn’t give a crap about Huckabee until I heard him publicly endorse the FairTax. If Fred did this then it’s a total lock for me in his camp. When I heard the others answer the question on George Snuffalufagus’s Sunday morning debate I gained a lot of respect for him, didn’t have any to lose for Rudy but was confirmed in my belief that he is as dangerous as Hitlery, and saw Romney for the rich elitist beholden to global corporations that he is.

If any FairTaxers are reading this, you should press the screws to FDT about this and get him to clearly endorse or cast off the FairTax.


49 posted on 08/13/2007 12:33:10 PM PDT by TheKidster (you can only trust government to grow, consolidate power and infringe upon your liberties.)
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To: Calpernia
They forgot to add in... that six-pack of Keystone Light I sent Fred and Jeri!


50 posted on 08/13/2007 12:33:28 PM PDT by Bender2 (A 'Good Yankee' comes down to Texas, then goes back north. A 'Damn Yankee' stays... Damn it!)
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