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:
“Last night I watched my brothers play,
The gentle and the reckless one,
In a field two yards away.
For half a century they were gone
Beyond the other side of care
To be among the peaceful dead.”
—Edwin Muir (1887–1959)
“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)