Meg Whitman's Spending Hits $99.7 million

Safe to say that at the rate billionaire Republican Meg Whitman is going, she'll top the $150 million spending mark before the first Tuesday in November. That's because the former eBay CEO's spending hit $531,378 a day during her successful effort to win the GOP nomination for Governor in California. The Whitman campaign reported Monday that it had spent nearly $20 million in the six-week period ending June 30, which included the weeks immediately before and after California's primary. Her campaign said the first-time candidate and occasional voter spent $71 million to win the GOP primary against state Insurance Commissioner Steve Poizner.

Of the near $100 million, $91 million has come from Whitman's own pockets. Meanwhile, the Jerry Brown campaign has spend a little more than $633,000 total since January 1. Whitman has outspend Brown by an outrageous 150 to 1.

Despite Whitman's spending, a poll released last week by the Public Policy Institute of California found the candidates about even among likely voters, with 37 percent backing Brown and 34 percent favoring Whitman. A quarter of respondents were still undecided. Whitman is seen unfavorably by 50 percent of voters and favorably by 30 percent, with 20 percent not sure. Opinion is more divided on Brown, with 43 percent viewing him unfavorably while 41 percent regard him favorably, with 16 percent unsure.

Brown has $23 million cash on hand, while Whitman has about $10.3 million but Whitman is aggressively tapping her billionaire friends. Among those giving to the Whitman campaign are Berkshire Hathaway executive Charles Munger Jr., who gave Whitman the maximum $25,900 contribution; Spanish-language television magnate Jerry Perenchio and his wife, Margaret, who each gave $25,900; Los Angeles philanthropist Eli Broad, who gave $25,900; and Barron Hilton, chairman of the Hilton Hotels empire, who gave $20,000. Even so, Whitman's TV ad buys in the last week of July ran $2.3 million.

More on Whitman's obscene profligacy from the Sacramento Bee and CBS-5 San Francisco.

Tags: California Governor Race, Jerry Brown, Meg Whitman, California politics (all tags)

Comments

3 Comments

RE: Meg Whitman's Spending Hits $99.7 million

When will rich people like Whitman lose their over-sized, over-blown egos and actually use their money for the  common good?   

Someone should work up a chart of how that $99 million could have been used for California's benefit. 

 

 

by Palli 2010-08-03 10:23AM | 0 recs
The eBay candidate

She really does think that California is for sale to the highest bidder. That eBay experience has clearly stuck to her. Her money is enriching political consultants and media markets, but it's not enriching political discourse in this state.

A friend says that Whitman reminds him of Lucy Van Pelt. I agree. If we're foolish enough to take a run at the football, she will snatch it away at the last minute. Don't trust her.

by Zeno 2010-08-03 11:54AM | 0 recs
campaign spending

How much did Obama spend again? Look what a disaster he's turned out to be.

by PR 2010-08-03 03:06PM | 0 recs

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