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Friday September 3rd 2010

Financial Reports in for Alabama Governor’s Race

Well, the remaining financial reports in the Alabama governor’s race came out today, and it was a bit of a frenzy keeping up and there has been a good bit of debate over exactly where we stand.  One measure to look at is contributions:

Bradley Byrne  $2,605,011

Artur Davis  $2,174,110

Tim James $1,360,632

Ron Sparks $656,188

Roy Moore $379,880

Robert Bentley $144,067

Kay Ivey $87,019

Bill Johnson $80,405

Another way to look at the numbers is to look at total receipts (this includes loans from the candidate themselves and others):

Bradley Byrne $2,713,474

Artur Davis  $2,182,168

Tim James $2,060,632

Kay Ivey $1,861,105

Ron Sparks $1,264,688

Robert Bentley $931,067

Roy Moore $388,880

Bill Johnson $120,405

And finally the one that most of us agree is the “bottom line” to begin 2010, cash on hand:

Tim James $2,618,733

Bradley Byrne $1,824,610

Kay Ivey $1,560,896

Artur Davis  $1,391,023

Ron Sparks $836,095

Robert Bentley $733,254

Roy Moore $145,068

Bill Johnson $56,895

Here is a graphic representation put together by Stephen Gordon of the second and third numbers for each candidate (except Tim James, where Stephen included the $2 million Tim James loaned himself in 8/2008 in his total raised, if only so that it didn’t look like he had more cash on hand than he raised).

Now there is a good bit of “funny money” in play here.  Almost all of Kay Ivey’s and Robert Bentley’s is their own, almost half of Ron Spark’s and Tim James money as well.  Those dollars do not necessarily demonstrate anything in terms of voter support, but a dollar is a dollar when you need it to run a campaign.  You also have the $1 million that Artur Davis rolled over from his congressional campaign (no differently than then Congressman Bob Riley did when he ran in 2002).

On the Republican side, my overall assessment is that Byrne and James have separated themselves from the pack.  Some folks thought Roy Moore might come out strong, as he did in 2006, but that did not occur and his campaign looks to be DOA, along with that of Bill Johnson.  Robert Bentley and Kay Ivey could still play the role of spoilers, provided they are really willing to spend the dough they put out on the reports.

On the Democratic side of things, it’s a little more complicated.  Ron Sparks did some magical dollar shuffling of his own to appear as strong as possible in this report, while Artur Davis likely still has quite a bit left in the tank in the fundraising department.  However, Davis is also burning through funds at a higher rate than some of the other candidates.  He will have to continue to raise at a substantial clip to keep up with that burn rate.  Still, the numbers Davis posted help strengthen his front-runner status over Sparks.

I’m interested in your take on the numbers below.

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7 Responses to “Financial Reports in for Alabama Governor’s Race”

  1. RT @TWAY_Kris: NEW TWAY Blog Post: Financial Reports in for Alabama Governor’s Race http://j.mp/dhmQeV #alpolitics

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  2. RT @TWAY_Kris: Financial Reports in for Alabama Governor’s Race http://j.mp/dhmQeV #alpolitics

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  3. H Holtz says:

    Is Alabama a plutocracy? I’ve never quite understood why the man or woman with the most money somehow is more credible. I feel if someone has a million bucks to loan to their campaign, they can’t relate to me and my family. Are we going to allow someone to ‘buy’t their way into office? How sad is that. No wonder government is so corrupt, t’s not about the people, it’s about how many wealthy friends you hob nob with. Guess I’ll never be able to run for office because frankly, I don’t have a million bucks in the bank.

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  4. Kristopher says:

    I’m so glad you recognize that. Part of the reason we talk about the money is to help people understand that until we get real, meaningful campaign finance reform, or (heaven-forbid) publicly funded campaigns, it is very much about the money.

    On the flip side, money doesn’t buy votes. Just because you have a lot of money, it doesn’t make you a “credible” candidate. However, money DOES give you the ability to communicate your message to a statewide audience. There’s no TV advertising without money. There’s no radio, no billboards, no signage without money. There’s no travel around the state to meet the voters without money.

    In addition, knowing this, if the people who support you aren’t willing to pony up some cash, doesn’t that say something about your candidacy?

    We highlight these reports, not because the money decides the race, but because money is very important to being competitive, and the more we know about who is providing it, the better.
    .-= Kristopher´s last blog ..Financial Reports in for Alabama Governor’s Race =-.

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  5. Michelle says:

    How much gub candidates have raised tells me quite a bit about their prospects. Luv the summary that @tway_kris did. http://bit.ly/czMtZx

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  6. Forex Robots says:

    H Holtz, I also think people could not be trusted just because of they have millions in their pockets. And the real problem is that person without money actually has no possibility to choose her future

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  7. [...] Financial Reports in for Alabama Governor’s Race Well, the remaining financial reports in the Alabama governor’s… [...]

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