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:
“Wi’ joy unfeigned brothers and sisters meet,
An’ each for other’s weelfare kindly spiers:
The social hours, swift-winged, unnoticed fleet;
Each tells the uncos that he sees or hears;
The parents, partial, eye their hopeful years;
Anticipation forward points the view:”
—Robert Burns (1759–1796)
“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)