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Just dropped · Trial Balloon · Ep. 194

What Just Happened?

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Trial Balloon · Ep. 194: What Just Happened?

Tony Blair Defends His Advisory Work

December 4, 2014 · 9:47 am ET · 5 Comments

Former British Prime Minister Tony Blair defended his government advisory work to Vanity Fair saying maintaining that “it’s not as lucrative as people think, and describing it not as work for hire but as work that can change the character of countries.”

Said Blair: “I’m a private individual, I’m not a government department! One of the things people are going to have to get used to is: you are going to get leaders leaving office in their early 50s. I have a lot of energy. I feel extremely fit. There’s no way I’m going to retire and play golf. You look at someone like Henry [Kissinger]. He’s 91 and he’s still going strong. I love that. Or Shimon Peres! These are my role models.”

Business of Politics Henry Kissinger, Shimon Peres, Tony Blair

An Inside Look at Hillary Clinton’s Speaking Career

November 27, 2014 · 9:45 am ET · 20 Comments

Using public documents, the Washington Post got “a rare glimpse into the complex and meticulous backstage efforts” to manage Hillary Clinton’s lucrative speaking career.

The special discounted “university rate” for a talk at the University of California at Los Angeles: $300,000.

“It is commonplace for celebrity speakers to request special accommodations — and Clinton was no exception. Her representatives asked for a case of still water, room temperature, to be deposited stage right. They also asked that ‘a carafe of warm/hot water, coffee cup and saucer, pitcher of room temperature water, water glass, and lemon wed­ges’ be situated both on a table on stage as well as in another room where Clinton would stand for photos with VIPs.”

Business of Politics, Uncategorized

Obama’s Email List Costs More Than $1.2 Million a Year

November 16, 2014 · 7:26 pm ET · 18 Comments

“The nonprofit group Organizing for Action is paying more than $1.2 million a year to rent what is widely believed to be the largest political email list ever created,” according to the Wall Street Journal.

“OFA is paying the Obama campaign — which still exists on paper — just under $5 million for a four-year rental of the campaign’s much vaunted email list and campaign data. OFA has paid about $1.3 million of the total balance, according to tax records.”

Business of Politics Barack Obama

How to Make a Lot of Money in Politics

November 14, 2014 · 8:38 am ET · 15 Comments

“The super PAC that has been formed to draft tea party star Dr. Ben Carson to run for president has attracted a lot of attention for its massive fundraising capability, which has raked in more cash than the similar effort to draft Hillary Clinton,” BuzzFeed reports.

“But the National Draft Ben Carson for President Committee is spending as much as it’s taking in: $10,757,609, to be exact, according to Federal Election Commission data. The money is mostly being spent on fundraising efforts and for a digital campaign that the group’s campaign director told BuzzFeed News is modeled on the vaunted Obama operation. It’s also providing a salary for Vernon Robinson, the campaign director, who has made nearly $236,000 from his work so far for the PAC, according to FEC filings.”

Business of Politics

Conflicts of Interest Abound in the House of Lords

November 12, 2014 · 10:25 am ET · 3 Comments

“For centuries, the upper chamber of the British Parliament was filled largely by the landed gentry. But in 1999, then-Prime Minister Tony Blair ’s government replaced most of the hereditary lords with business people, civic leaders and politicians appointed for life,” the Wall Street Journal reports.

“Mr. Blair said the shift would ‘end the feudal domination of one half of our legislature.’ Opponents said he was turning the House of Lords into a den of patronage… In the 15 years since, the House of Lords has struggled with the boundaries between public and private service. A code of conduct meant to separate the two has repeatedly been altered… Many lords now have ties to organizations that engage in lobbying, including one lord who agreed to be a lobbyist for an offshore-fund haven. Sixty-eight others give advice on government affairs to companies, trade groups or other organizations, or work for companies that specialize in government relations.”

Business of Politics, Foreign Elections

Political Leanings of the Biggest Brands

November 6, 2014 · 4:37 pm ET · 14 Comments

Time has a new interactive tool that places 2,700 common brands on a political spectrum based on the percentage of their brick-and-mortar stores that are located in Democratic or Republican districts – determined by the 2014 midterm elections.

For example: Of the 139 American Apparel stores, 83% are in blue districts, whereas only 12% of Belk stores are in Democratic districts and Chipotle falls right in the middle, with an equal 50% split of locations in Democratic and Republican districts. Another example would be Tim Horton’s is 63% Republican, Starbucks 49%, and Dunkin’ Donuts is 36% Republican.

Business of Politics

Palin Says She’ll Run Again

October 28, 2014 · 2:43 pm ET · Leave a Comment

Sarah Palin told Fox Business that she may run for office again, in part to “bug the crap” out of liberals.

Said Palin: “Those haters out there don’t understand that it invigorates me. The more they’re pouring on the more I’m gonna bug the crap out of them by being out there with a voice, with a message, hopefully running for office in the future, too.”

Business of Politics

Bachmann Wants to be the Next Gingrich

October 28, 2014 · 8:10 am ET · Leave a Comment

Rep. Michelle Bachmann (R-MN) “says the model laid out by former speaker of the House Newt Gingrich (R-GA) in his post-congressional life is a ‘great example’ of what she’d like to do: some time as a talking head, a position at a think tank (preferably having something to do with foreign policy), premium speaking fees and maybe a book or two,” the Washington Post reports.

Business of Politics

Romney Firm Raises $525 Million

October 27, 2014 · 1:38 pm ET · Leave a Comment

“Solamere Capital, a Boston-based private equity firm that Mitt Romney joined upon losing the 2012 presidential race, has raised $525 million for its second fund, Fortune has learned. This total does not include commitments from Solamere’s general partners, which include Romney’s son, Tagg.”

Business of Politics

Cantor Heads to Wall Street

September 2, 2014 · 6:27 am ET · Leave a Comment

Former House Majority Leader Eric Cantor (R) plans to join boutique investment bank Moelis & Co. as he embarks on a new career on Wall Street, the Wall Street Journal reports.

“Cantor lost his seat in Congress when he was defeated in a June primary. Rather than continue as majority leader, he stepped down from the post last month.”

Bloomberg says Cantor will be paid at least $3.4 million this year.

Business of Politics

Blair Advised Kazakhstan Leader After Massacre

August 24, 2014 · 7:09 am ET · Leave a Comment

Former British Prime Minister Tony Blair “gave Kazakhstan’s autocratic president advice on how to manage his image after the slaughter of unarmed civilians protesting against his regime,” the Telegraph reports.

“In a letter to Nursultan Nazarbayev… Mr Blair told the Kazakh president that the deaths of 14 protesters ‘tragic though they were, should not obscure the enormous progress’ his country had made. Mr Blair, who is paid millions of pounds a year to give advice to Mr Nazarbayev, goes on to suggest key passages to insert into a speech the president was giving at the University of Cambridge, to defend the action.”

Business of Politics

Obama Inc.

August 22, 2014 · 2:31 pm ET · Leave a Comment

“The presidency of Barack Obama has catapulted a network of former advisers into lucrative positions,” The Hill reports.

“Members of the president’s brain trust have steadily moved outside the administration in recent years, capitalizing on their association with the Obama brand to launch careers as advisers, consultants and hired guns.”

Business of Politics

Plouffe Joins Uber

August 19, 2014 · 2:58 pm ET · Leave a Comment

Former Obama campaign manager David Plouffe announced he is joining Uber:

New York Times: “Mr. Plouffe, who ran President Obama’s 2008 campaign, said he planned to run Uber’s communication efforts much like a political race, pushing to woo consumers and regulators alike in the company’s fast-paced expansion across the world.”

Try Uber and get $30 off with this link.

Business of Politics

Cianci Gave No Proceeds to Charity

August 18, 2014 · 12:13 pm ET · Leave a Comment

“Former Mayor Buddy Cianci’s face beams from the label of his Mayor’s Own Marinara Sauce, which also promises that sales are ‘Benefiting Providence School Children’ and have helped hundreds of students attend college,” the AP reports.

“But in recent years, no money from the sauce’s sales has been donated to Cianci’s charity scholarship fund… From 2009 to 2012, the sauce made a total of $3 in income.”

Business of Politics

Contract Sheds Light On Clinton Speech Requirements

August 18, 2014 · 6:54 am ET · Leave a Comment

Hillary Clinton “usually requires those who pay her six-figure fees for speeches to also provide a private jet for transportation,” the Las Vegas Review Journal reports.

“And she doesn’t travel alone, relying on an entourage of a couple of ‘travel aides,’ and a couple of advance staffers who check out her speech site in the days leading up to her appearance, much like a White House trip, according to her contract and supporting documents concerning her Oct. 13 speech at a University of Nevada, Las Vegas Foundation fundraiser.”

[Read more…]

Business of Politics

How Tony Blair Used His Connections to Get Rich

August 6, 2014 · 12:00 pm ET · Leave a Comment

Since stepping down as British prime minister in 2007, Tony Blair “has tried to fashion a second act as a globe-trotting do-gooder… But at home, enthusiasm for such endeavors has been tempered by
criticism of his equally ambitious business enterprises, through a
private consultancy called Tony Blair Associates, whose clients have
included controversial monarchs and autocrats,” the New York Times reports.

“In many ways, Mr. Blair faces a perception problem. Years into his postpolitical makeover, confusion lingers about what particular hat he wears at any given time… His various roles often intersect with polarizing figures, which has only given the press more fodder.”

Business of Politics

Most Money Paid to Fundraisers

July 29, 2014 · 8:54 am ET · Leave a Comment

Fox Detroit has a report on campaign fundraising that includes this interesting nugget:

“Since 2010, the Conservative Strikeforce has raised nearly $10 million. More than $9 million of the loot was paid to the fundraisers. That means candidates got less than 8 percent of the money donors sent in.”

Business of Politics

Chelsea Clinton Joins the Family Business

July 9, 2014 · 2:41 pm ET · Leave a Comment

“There is a new Clinton paid to deliver speeches — Chelsea, the former first daughter — and she is commanding as much as $75,000 per appearance,” the New York Times reports.

“Aides stressed that while Bill and Hillary Rodham Clinton often address trade groups and Wall Street bankers, Ms. Clinton, now 34, focuses on organizations whose goals are in line with the work of the family’s philanthropic organization, the Bill, Hillary & Chelsea Clinton Foundation. Organizers said her star power helped sell tickets and raise money.”

Business of Politics

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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