Granny Grifter’s SarahPAC Embarrassment: Consultants Are Cashing In
Sarah Palin attempted to relaunch her political career and her political action committee, SarahPAC, on Thursday with a Web video called “Loaded for Bear,” which presented the former Alaska governor as the new kingmaker for conservative populists in the GOP.
The video riffed off her speech at CPAC, in which Palin railed against “the big consultants, the big money men, and the big bad media.” But there’s an irony alert ahead: the current stated purpose of SarahPAC is to raise money ahead of the 2014 election—most of which will be spent on conservative consultants.
Don’t believe me? Well, this is a perfect time to page through SarahPAC’s Federal Election Commission filings, which—helpfully enough—were just released yesterday.
Seen through the lens of the invaluable Center for Responsive Politics, Palin’s PAC spent $5.1 million in the last election cycle (more than it raised in that time period, raising some questions about Palin’s claims of fiscal responsibility).
But the real news comes when you look at how donors’ money was actually doled out: just $298,500 to candidates. The bulk of the rest of it, more than $4.8 million, went to—you guessed it—consultants.
That’s some seriously hypocritical overhead.
In total, Palin’s PAC spent $980,000 on campaign expenses, $1.3 million on administrative costs (including almost a million dollars on postage), and three-quarters of a million on fundraising. Hidden in all of this—amid the direct mail and the media buys—is consultants’ cut of every dollar spent.