tag:blogger.com,1999:blog-16905230.post-1146602846161016072006-05-02T12:54:00.000-07:002006-05-02T13:50:43.593-07:00As a "Mark Kennedy Supporter", I receive his usually lousy periodic e-mails. Today I saw something that I just had to blog about, and it brought me out of hibernation (I started a new job out in DC and I have very little free time). <br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://www.dflblog.com/uploaded_images/60 per cent!-745307.GIF"><img style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;" src="http://www.dflblog.com/uploaded_images/60 per cent!-736995.GIF" border="0" alt="" /></a><br /><br />Mark Kennedy claims that 60 percent of his first quarter contributions were under $25. Well, let me quote it exactly: "Did you know that nearly 60% of contributions in the 1st Quarter were under $25?" This I did not know! What I did know about Kennedy was that he raised $1,478,433 in the first quarter of 2006. Now, 60% of that would be $887,059.80, meaning that that he raised a maximum of $25 from <em>at least</em> 35,482 people! That's a lot of people; Mark must be a pretty popular guy! But then I started thinking, he raised $304,256 in PAC money in the quarter, meaning he had literally thousands of PACs and contributors writing him tiny checks! Or so we would think…<br /><br />Now I'm not stupid nor do I think that Mark Kennedy is the world's worst CPA; he's just using misleading statements, like that 60% of his contributions were under $25. What he really means is that he could have potentially taken the maximum contribution from 195 people (@ $4,200 a pop) and 290 people gave under $25 (this is an extreme example, I'm sure he had at least 300 contributions under $25...). <br /><br />I don't think Kennedy will ever be mistaken for being a populist, so why try to stretch the truth to convince them otherwise?<br /><br />Now I go back into my hole.<div class="blogger-post-footer"><br /><br /><h3><a href="http://www.dflblog.com">DFLblog home</a></h3></div>Tobyhttp://www.blogger.com/profile/09556053093680474882noreply@blogger.com0