14 July 2008

Here's one way the money rolls in...

...and with this article, ugh, my frustration with the Democratic Party mounts. From The New York Times:

Democrats Look to Lobbyist to Finance Convention
By LESLIE WAYNE

In terms of lobbyists, few are more connected — both west of the Mississippi and in the corridors of power in Washington — than Steve Farber, a Denver lawyer whose political contacts have thrust him into a central fund-raising role for the Democratic National Convention.

Mr. Farber’s vast contact list could prove crucial in raising the millions of dollars needed by the Denver host committee to showcase Senator Barack Obama and the Democratic Party in August in Denver. But Mr. Farber’s activities are a public display of how corporate connections fuel politics — exactly the type of special influence that Mr. Obama had pledged to expunge from politics when he said he would not accept donations from lobbyists.

For two years now, Mr. Farber has parlayed his love for Denver and his ability to call on a network of lobbying clients to help him with the daunting task of raising the $40 million, or more, that Democrats need to run their convention. As the host committee’s chief fund-raiser, he is on the phone 10, 20 times a day, twisting arms and cajoling potential donors — a task made more difficult by the fact that Denver has few hometown companies with enough resources to help foot the bills.

Yet, as Mr. Farber hops on planes, hosts breakfasts and pulls out the stops, he at least can draw on the resources of his law firm, Brownstein Hyatt Farber Schreck, one of the fastest-growing lobbying shops in Washington and one of the most powerful firms in the West, thanks to some recent strategic mergers that have only fattened his roster of blue-chip corporate clients.