Wyly Brothers and 2000 Election
The first use of a 527 organization to channel a large sum of money into the election process has been attributed to the billionaire Wyly brothers of Texas. They "played an instrumental role" when helping their desired candidate, Texas Republican George W. Bush, via a $2.5-million advertising campaign they financed using a 527 organization.
Read more about this topic: 527 Organization
Famous quotes containing the words brothers and/or election:
“A village seems thus, where its able-bodied men are all plowing the ocean together, as a common field. In North Truro the women and girls may sit at their doors, and see where their husbands and brothers are harvesting their mackerel fifteen or twenty miles off, on the sea, with hundreds of white harvest wagons, just as in the country the farmers’ wives sometimes see their husbands working in a distant hillside field. But the sound of no dinner-horn can reach the fisher’s ear.”
—Henry David Thoreau (1817–1862)
“The election makes me think of a story of a man who was dying. He had only two minutes to live, so he sent for a clergyman and asked him, “Where is the best place to go to?” He was undecided about it. So the minister told him that each place had its advantages—heaven for climate, and hell for society.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)