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Monday, April 12, 2010

Lt. Gov. Candidate Lawrence Rael Raises $78,000 This Period; $126,000 on Hand

LawrenceRael Lawrence Rael released a statement today announcing he has received over $330,000 for his campaign for Lieutenant Governor since he began fundraising last August. Rael reported that he has raised $78,000 since the last reporting period and has $126,000 cash on hand to help him continue to get his message of Building a Better New Mexico out to voters before the June 1st primary election.

“I’m honored that so many people have contributed to the campaign and given what they can,” Rael said in a written statement. “We don’t have a handful of donors contributing large amounts, so that means we can remain independent and not beholden to special interests. That’s the kind of campaign most New Mexicans want.”

In addition to raising more than $78,000 since the last fundraising reporting period, Rael said he made a personal commitment of $105,000 to the campaign in order to properly represent the interests of all New Mexicans and be able to remain competitive in a crowded field of candidates. Click to see his April 12, 2010 report to the Secretary of State.

Rael started the period with $105,283, raised $183,088 this reporting period (including a $105,000 loan to his campaign), spent $162,175 since October and has a closing balance of $126,195. He received in-kind donations of $6,151 this period. All told, Rael has loaned his campaign a total of $120,000

Rael's campaign pointed out that he received strong delegate support at the Democratic Party Pre-Primary convention in March, winning approximately 22% of the vote and earning himself a spot on the June primary ballot. Rael has also been endorsed by the All Indian Pueblo Council and 10 Native American Pueblos. “As I’ve traveled around the state, New Mexicans have told me that job creation and restoring trust in our government are their highest priorities,” Rael said. “Clearly, New Mexicans believe that my experience and commitment to good ethics in government make me the best candidate to help Diane Denish move our state forward.”

Rael's release today included a summary of his experience: Rael served as the Deputy Secretary of Transportation under former New Mexico Governor Toney Anaya and as an Aide to Senator Jeff Bingaman. Rael also served as Chief Administrative Officer for the City of Albuquerque through three successive mayoral terms where he managed an budget of over one billion dollars. Throughout his career, Rael has worked hard on several economic initiatives to bring good paying jobs to New Mexico.

He most recently served as the Executive Director of the Mid-Region Council of Governments, a multi-county organization that assists in a variety of planning services ranging from transportation and land-use to workforce and economic development. Rael was the driving force behind the New Mexico Rail Runner Express. The project required working with more than 19 tribal and county governments, and creating partnerships necessary for the New Mexico Rail Runner Express’ successful completion.

April 12, 2010 at 06:03 PM in 2010 NM Lt. Governor Race, Lawrence Rael | Permalink

Comments

If this isn't trying to by the office, I am not sure what is. Mr. Rael has almost as much debt as cash on hand! This isn't wise for someone who claims to know how to budget.

Posted by: DEMandTRUTH | Apr 12, 2010 9:49:34 PM

Candidates who are tied into the Democratic Party power structure, like Colon, have an easier time raising money from people who want to keep things the way they are. I'd rather have a guy like Rael loaning money to his own campaign than somebody who owes everybody in the world favors. We need somebody like Rael, who isn't so cozy with the old guard in the party and legislature!

Posted by: Alex | Apr 13, 2010 5:53:09 AM

If you look at Colon's long list of small donors I hardly think it's filled with people who want to keep things they way they are. Many ordinary people have gotten involved with politics since Howard Dean ran for president all the way through Obama's successful campaign. Colon has gained the support of many of them.

Posted by: Fired Up | Apr 13, 2010 9:00:26 AM

I think Rael's loan shows real commitment on his part. He doesn't have the advantage of ties on the party but if he can get on TV he has a real chance of winning it all.

Posted by: Sandoval county voter | Apr 13, 2010 9:56:32 AM

I'm happy to see Lawrence will have the money to stay in this race. He's succeeded every where he's been and he doesn't have all the baggage of someone like Colon or Campos.

Posted by: Linda | Apr 13, 2010 10:12:00 AM

@Sandoval Voter

Rael has loaned himself the money, that doesn't show commitment, just a plan to pay himself back with money from donors he doesn't want the world to see.

If he was committed he would have donated that amount, not loaned it.

This is a weak filing from a weak candidate.

Posted by: DEMandTruth | Apr 13, 2010 10:30:42 AM

If Mr. Rael had donated $120K to his campaign, that would show commitment. Loaning the money? Not so much. Campaign loans are typically repaid after the campaign (sometimes many years after the campaign) by people who donate after the election. Their identities will be known eventually, but not during the campaign, when it matters.

Campaign loans are commonplace. It's probably not fair to ascribe nefarious motives to the candidate without information that specific donors have promised to defray the loan after the election.

Posted by: Proud Democrat | Apr 13, 2010 11:08:57 AM

Damned if you do damned if you don't, i guess. Lawrence isn't a rich man. He's doing everything he can to mount a campaign against the powers that be... Good luck, Lawrence.

Posted by: Leroy | Apr 14, 2010 11:02:41 AM