Tuesday, December 11, 2007

Bankers Love Latta

If you look at the last minute contributions that candidates in Ohio's 5th district receive, you might learn something. Here are lists of recent donations from the FEC, as published in the Toledo Blade:

> Republican candidate Bob Latta's contributors include:
...Henry Gandy ($1,000), a lobbyist/attorney for major blue-chip companies at the Duberstein Group; the Baker and Hostetler Political Action Committee ($1,000); the Franchising Political Action Committee ($1,000); Federal Express PAC ($5,000); TOMPAC, better known as NRCC chairman Tom Reynold's PAC ($5,000); Lafarge Cement PAC ($5,000); Worthington Industries PAC ($1,000); Mortgage Bankers Association PAC ($2,000); Ashland Inc. PAC ($2,000); and the election campaigns of Steve Stivers and Mike Turner ($1,000 each).

Latta himself kicked in another $15,100 on Friday...

Those at the mortgage association want to protect their money, so they donate to a Republican who will speak for them. Steve Stivers, a former bank lobbyist, also threw in some money.

>> Democratic candidate Robin Weirauch's contributors include:
...Jeffrey Boyd ($1,000), executive director of the Ohio Association for Justice; Craig Hall ($2,300), an entrepreneuer and Napa Valley vintner; California congresswoman Barbara Lee's campaign ($1,000); the Congressional Black Caucus PAC ($5,000); Sen. Sherrod Brown's campaign organization ($2,000); Joseph Kanfer of Akron ($2,300), president of GOJO Industries; the Progressive Patriots Fund ($2,500), and the National Education Association Fund for Children and Public Education ($2,000).....

Did you notice that Weirauch doesn't have any bankers' associations listed?

The FEC (Federal Elections Commission) shows that Latta's other PAC friends include BANKPAC, COALPAC, INSURPAC, and various big business PACS. I guess this is an indication of which groups Latta will work for if he is elected.