Tuesday's open line. Plus, the profit of a presidential run | Arkansas Blog

Tuesday, August 4, 2015

Tuesday's open line. Plus, the profit of a presidential run

Posted By on Tue, Aug 4, 2015 at 3:52 PM


Here's the Tuesday open line and daily news video. Also:

* HUCKABEE CASHES IN: Yahoo reports how, win or lose, running for president can be good for the pocketbook. Primary case in point, Mike Huckabee. His income has swollen with help from celebrity built in his race for president eight years ago. How could a little energy boost from another run hurt?

Huckabee's campaign did not respond when asked to comment for this story, but Huckabee appears to be running the same kind of thrifty operation he did in 2007 and 2008. His campaign has raised about $2 million so far for the 2016 race, with none of it, as before, coming from his own expanded pocket. A so-called super PAC, financed mostly by two wealthy donors, has raised another $3.6 million it can spend on Huckabee's behalf. With Jeb Bush having raised more than $100 million so far, Huckabee will likely end up heavily outspent again in 2016, but he’s high enough in the polls to easily make the cut for a 10-candidate nationally televised debate and garner enough visibility to coast into next year’s primaries.

Huckabee, who now resides in Florida, has reportedly developed a taste for the good life, prompting controversy over whether he’s duping donors into funding what is basically a private venture that principally benefits himself and his family. But Zelizer of Princeton says most donors know what they’re paying for when they help fund a low-probability candidate. “Some of these donors may be gullible, but I think they’re making other bets,” says Zelizer. “Maybe they’re able to walk into the room with a power broker.” There are worse ways to spend money, if you've got a lot to spend.


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