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Friday, February 5, 2010

TPM takes a screwy Citizens United angle on the subject of Larry Kudlow vs. Chuck Schumer.

Evan McMorris-Santoro raises the alarm:
Kudlow has expressed some interest in mounting a bid. One of the men who's urging him to run, self-proclaimed "Wall St. guy" and Kudlow friend John Lakian, told me today that Kudlow is at "the 70 or 80 or 90% tipping point" toward throwing his hat in the ring. According to Lakian, one of the men behind the Draft Kudlow movement on Facebook and the web, the time is right for a man with Kudlow's extensive Wall St. connections to make a run for office.

"There's no question we'd be an underdog," Lakian said when I asked him how tough it would be for Kudlow or any other Republican to challenge Schumer's considerable war chest. But Lakian said that the new campaign finance rules set down in the Citizens United case would help close the money gap for Kudlow quite quickly.
Citizens United is not about campaign contributions. It's about independent spending. McMorris-Santoro would like his readers to think that corporations can fill up a "war chest" for a Republican challenger to match that of the long-time incumbent's. Alito-like, I'm mouthing the words: not true.
 ... Schumer is a formidable fundraiser who's sitting on $19 million in campaign funds. The DSCC did not respond to a request for comment about Schumer potential vulnerability.
So "Citizens United case would help close the money gap for Kudlow quite quickly" and the gap is $19 million?!

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