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:
“When you gonna get married, Marty? You should be ashamed of yourself. All your brothers and sisters, younger than you, they get married and got the children. I meet your mother in the produce store. She say to me “Eh, you know a nice girl for my boy Marty?” What’s the matter with you? That’s no way!”
—Paddy Chayefsky (1923–1981)
“In every election in American history both parties have their clichés. The party that has the clichés that ring true wins.”
—Newt Gingrich (b. 1943)