The group aims to raise and spend approximately $250 million for the 2008 cycle, a vast amount of money they apparently plan to use not only on the presidential election, but to greater effect in numerous House and Senate races throughout the country, where six figures can go a long way.
To review the White House connections: the group is headed by Bradley Blakeman, a former Bush White House official, Mel Sembler, a millionaire former Bush admbassador to Italy, and Ari Fleischer, who serves as the group’s spokesman. Much of its support so far has come from Sembler and casino magnate and billionaire Sheldon Adelson, the sixth richest person in the world. (The group intends to “broaden its base” as time goes on, Fleischer says.) The group got off the ground with a $15 million effort to support the president’s surge strategy in August, but it’s sticking around for the long haul.
from the comment thread:
Freedom’s Watch will be in existence just long enough to have an impact, be found by the IRS NOT to be a legitimate charity (their website only indicates that they PLAN to register as a 501c), pay some fines, and disband.