EHIT, East Hampton Indoor Tennis,

Story - News

May 22, 2012 1:44 PMPublication: The East Hampton Press

National Parties Take Interest In Bishop and Altschuler

May 22, 2012 4:35 PM

National Democratic and Republican leaders are predicting a fierce battle for the New York 1st Congressional District seat in the House of Representatives and have moved Democratic incumbent Tim Bishop and Republican-hopeful Randy Altschuler to the top of their fundraising priority lists.

On May 10, Mr. Altschuler’s campaign announced that the candidate, who lost to Mr. Bishop by a mere 600 votes in 2010, is among 12 Republican candidates across the country to have achieved “full-fledged ‘Young Gun’ status.” The Young Guns program, created during the 2007-08 election cycle by Republican U.S. Representative and Majority Leader Eric Cantor, Representative Kevin McCarthy and Representative Paul Ryan— and backed by the National Republican Campaign Committee— lends fundraising support to candidates who demonstrate a level of success by meeting certain benchmarks within their campaigns, said Diana Weir, Mr. Altschuler’s campaign manager.

“That’s very important because that top tier gets the most support— whether it’s financial support, or whatever they decide they’re going to do with the funding they get,” said Ms. Weir. “It’s a big deal. Everybody wants it. We were very, very pleased to get that.”

The race hasn’t gone unnoticed by Democrats either. Last year, Mr. Bishop was named a “Frontline Democrat” by the Democratic Congressional Campaign Committee— one of 17 Democrats in the country to receive that distinction. It was Mr. Bishop’s first time getting that label since he was elected to office in 2002. The Frontline Program bolsters candidates in tough races by providing additional fundraising support and closer coordination with the national campaign committee, with the overall goal to win back the majority in the House of Representatives, said Oliver Longwell, a spokesman for Mr. Bishop.

“It’s an acknowledgment of the reality that Tim had a competitive race last time and was able to prevail in the most challenging environment in the generation for Democrats, and that he’s running against an outsourcing millionaire who we anticipate will use his own fortune and special interests’ support,” said Mr. Longwell. “It’s helpful to have support from the national campaign committee to get our message out for what Tim’s doing to fight for the middle class.”

The 2010 race had a hefty price tag of nearly $7.7 million spent between Mr. Bishop and Mr. Altschuler, according to the Center for Responsive Politics, a nonpartisan, nonprofit research group that tracks money in U.S. politics.

The Democratic Congressional Campaign Committee has already spent $9,000 in support of Mr. Bishop in this year’s race, according to the center. That’s compared to a total of only $379 spent by the national campaign committee in 2010. Also, according to the Democratic Congressional Campaign Committee’s website, Mr. Bishop appears to have raised $2,096 from eight contributors through the Frontline Program.

So far, Mr. Bishop has outraised and outspent Mr. Altschuler, according to quarterly finance reports filed with the Federal Election Commission in April, which covers the period spanning January 1 to March 31. In total, Mr. Bishop has raised $1,433,029 and spent $503,802. Mr. Altschuler has raised $1,044,859 and spent $278,788 during this election cycle.

Although Mr. Bishop is leading the fundraising race, Mr. Altschuler actually raised more money during the most recent campaign filing period. In total, Mr. Altschuler raised $311,328 from January 1 to March 31, compared to Mr. Bishop’s $261,334.

Most of Mr. Bishop’s donors come from the retired community, while most of Mr. Altschuler’s money comes from the securities and investments industry, according to the Center for Responsive Politics, In total, retirees have so far donated a total of $102,100 to Mr. Bishop during the election cycle. The securities and investment community has donated $287,738 to Mr. Altschuler’s campaign. That trend is a similar one from 2010— most of Mr. Altschuler’s campaign contributions two years ago came from the securities and investment industry, a total of $370,298, while most of Mr. Bishop’s contributions, a total of $192,875, came from the retired community.

But at the same time, the retired community is the second highest donor to Mr. Altschuler’s campaign thus far, contributing $75,250, and the securities and investment industry is Mr. Bishop’s fourth highest contributor, funneling $56,100 into his campaign. Mr. Bishop’s top contributor is Renaissance Technologies, a hedge fund management company based in East Setauket, which has donated a total of $27,500 during this election cycle so far. The largest contributor to Mr. Altschuler’s campaign is the investment banking and securities firm Goldman Sachs, which donated $28,438.

1  |  2  >>  

You have read 1 of 7 free articles this month.

Yes! I'll try a one-month
Premium Membership
for just 99¢!

Already a subscriber? LOG IN HERE

"Full fledged "Young Gun" status"..."Frontline Democrat"..."fundraising support"..."Renaissance Technologies"...Goldman Sachs"..."MCB Consulting"..."Chris Russell Consulting LLC".

Fifteen paragraphs and not a word about what either of these guys bring to the table or will do for the people. Millions spent on both sides by and for the national parties to try to become more powerful, less cooperative, and less responsive to the community. Where are the true independents? Who will lead ...more
By VOS (742), WHB on May 24, 12 12:01 PM
1 member liked this comment
VOS: This is an article about the political aspect of the race. Sometime newspapers like to write about that because many people find it interesting. In case you missed all the other articles that have been written about this race, you might like to know that Randy Altschuler is the candidate who will fight for lower taxes, revive the economy by creating jobs and help revise the awful, nightmare that is ObamaCare, while Tim bishop will fight to raise your taxes and will continue to vote in lock ...more
By Hampton Bays Voter (2), Hampton Bays on May 27, 12 8:02 AM
As I said: "Millions spent on both sides by and for the national parties to try to become more powerful, less cooperative, and less responsive to the community. Who will lead us out of the partisan abyss?"

You, HB Voter, are a big part of the problem - unfortunately there are untold numbers just like you who not only follow the BS foisted upon us but repeat it.
By VOS (742), WHB on May 29, 12 12:54 AM
"Young Guns"? What a freaking joke. Mr Outsourcer, like Vulture Capitalist Willard, would bring back the ENTIRE Bush economic policy times 2. They would destroy this country to satisfy their billionaire buddies.

FACT: Taxes have gone DOWN under Obama.
FACT: Spending has gone DOWN under Obama.
FACT: The affordable care act will SAVE money AND reduce the deficit.
FACT: The Ryan budget supported by Randy Outsourcer and Willard Romney will add 3 TRILLION DOLLARS to the ...more
By peoplefirst (787), Southampton on May 24, 12 12:07 PM
Figures and baggers don’t Lie, Democrats do.

PARTIALLY TRUE: Taxes have gone DOWN under Obama. FACT: True, because tax revenues are the lowest in year, but they went down due to expansive tax credits as part of the Stimulus debacle that failed to jump start the economy and resulted in a trillion dollars of more debt combined with the Democrat approved Bush tax cuts.

FALSE: Spending has gone DOWN under Obama. FACT: This myth is the result of recent liberal bloggers that ...more
By Mr. Snerdley (175), Southampton on May 24, 12 12:53 PM
This comment has been removed because it is a duplicate, off-topic or contains inappropriate content.
By TianaBob (256), S.Jamesport on May 24, 12 12:56 PM
It will be nice to see Congressman Altschuler on the Capitol steps when Mitt Romney takes the oath of office next January.
By MickNY (43), East Hampton on May 24, 12 1:32 PM
1 member liked this comment
Way too much money going down, but you gotta fight fire with fire. Will either of these guys pledge to limit campaign spending if the other does the same? Not likely, but you can't blame them, it's the system & there isn't time to change it before election day.

Article says "most of Mr. Bishop's donors come from the reitred community, while most of Mr. Altschuler's money comes from the securities and investment industry." Heyyy, no surprise there, retirees are terrified of Randy's promise ...more
By clam pie (161), Westhampton on May 24, 12 1:36 PM
So you think it was okay for Tim Bishop to defund Medicare to the tune of $500 billion dollars? Yes, a great move on behalf of seniors.
By MickNY (43), East Hampton on May 24, 12 3:24 PM
Ahh yes, the old pushing granny over the cliff ploy. The only problem with liberal claims of republicans killing medicare and social security is, they're not true. Republican's "ending medicare" is Politifacts 2011 lie of the year. A more appropriate term is republicans are saving both entitlements as they proceed head on for bankruptcy. How can you "kill" or "end" a program that would still exist??
May 24, 12 4:27 PM appended by Mr. Snerdley
From Politifact: "Kathleen Hall Jamieson, an expert on campaign advertising who directs the Annenberg center at the University of Pennsylvania, says Democrats have been using falsehoods and exaggerations about Medicare and Social Security since at least 1952. She calls it the longest-running "Democratic deception." It fits with a core theme from Democrats that they will use government to protect seniors and needy people, while Republicans supposedly want to cut those programs, she says. It is a scare tactic that works." I'm glad the democrats are looking out for the poor and elderly.
By Mr. Snerdley (175), Southampton on May 24, 12 4:27 PM
By razza5350 (1685), East Hampton on May 24, 12 9:11 PM
We cannot allow Job Shipping Randy the Exxon/Koch brother carpetbagger to eliminate medicare, drill on the coast of East Hampton, and force women to sonogram their wombs..

This is a serous election and it's imperative that we take back congress from the greedy radical right.

Reelect Tim Bishop
By Steven (113), Westhampton on May 25, 12 3:15 AM
This comment has been removed because it is a duplicate, off-topic or contains inappropriate content.
By bigfresh (1728), north sea on May 25, 12 6:12 AM
Wow...its going to be an interesting election cycle...LET THE WILD RUMPUS BEGIN!
By pstevens (405), Wilmington on May 25, 12 11:15 AM
I don't see how anyone who loves women could vote Republican. There is also something very wrong with a party that would cut food stamps to fund defense. We already spend more on defense than the rest of the World combined.You'd think that Mr Businessman mr outsourcer would have put one of his offices on the East End.He's in seven states.What an indignity poured out by this carpetbagger from New Jersey.I'm sure Bill Bradley gets a little queasy every time he thinks about him.This is not the Country ...more
By TianaBob (256), S.Jamesport on May 25, 12 11:23 AM
Bishop has exported more jobs to foreign countries as a politician working for his constiuents with his votes for stimulus funding than Altschuler has as a business man.

And what an ignorant and bigoted statement to classify an entire group of people into one myopic category. And this is the left, the tolerant and accepting. Anyone “loving” women is a tad sexist too IMO, I would think you’d want to respect a women as individuals first and foremost.

Check ...more
By Mr. Snerdley (175), Southampton on May 25, 12 12:48 PM
It is true that tax payer stimulus money went to businesses over seas. Personnaly though Bishop has never exported a job in fact he has never created a single job in his life. His track record in the private sector is non existent. His track record as a career politican is equally pitiful. The only thing he has been successful at is buffaloing tax payers at of their money to pay his bloated salary and benefits every two years
By razza5350 (1685), East Hampton on May 25, 12 3:04 PM
Shocker! Phil distorts the facts. The fact check article refers to green jobs and even fails to take into account Abc's recent investigation into the matter. Even Chuck Schumer jumped on board and ripped the Obama administration for out sourcing jobs. I also find the CBO's estimate amusing. Between 1.2 to 3.3 million jobs. Not a very finite number. What kind of jobs? All temporary work that creates nothing long term I'm sure
By razza5350 (1685), East Hampton on May 25, 12 9:17 PM
your credibility has been shot a long time ago. You know perfectly will that if i post sources the press will delete it. Just google what you said "stimulus money for jobs overseas" and read. I think you will find the ABC article that references green jobs and schumer there as well as your bogus smoking gun from fact check
By razza5350 (1685), East Hampton on May 26, 12 6:33 AM
In addition we have spent close to a trillion dollars that has created 1-3 million jobs and you call that a success? Even if they were all full time jobs ( which we all know they aren't) the numbers don't make sense.
By razza5350 (1685), East Hampton on May 26, 12 8:25 AM
Sources abc news, politico and huff post
By razza5350 (1685), East Hampton on May 27, 12 6:36 AM
GO Bishop!!!!!!
By SHNative (546), Southampton on May 27, 12 11:02 PM
"Obama created more jobs than Bush did"

While debateable, I'm sure Tim Bishop and the 12.5 million people currently out of work find that very comforting.

By Mr. Snerdley (175), Southampton on May 28, 12 9:39 AM
Six weeks ago on 27east, I challenged anyone to disprove a statement made by Tim Bishop. That statement was that, under the Ryan budget which Randy Altschuler has embraced, the average senior's health care expenses covered by medicare would go from 75% to 35%.

No one has answered this challenge. If this is really what Randy espouses, he's toast.
By Turkey Bridge (1322), Quiogue on May 29, 12 6:55 PM
This pretty much says it all. Great job Tim and Barack. Our country is in debt up to its eyeballs and those who will pay for it can't find a job. “In Weak Job Market, One In Two College Graduates Are Jobless Or Underemployed.”

From the Huffington Post - The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don't fully use their skills ...more
By Mr. Snerdley (175), Southampton on May 29, 12 9:08 PM
How quickly Greenspan's legacy has been forgotten...
By Mr. Z (7259), North Sea on May 29, 12 9:45 PM
The US economy added 69K jobs in May, fewest in a year. The US economy added 69,000 jobs in May, fewest in a year; unemployment rate rises from 8.1 to 8.2 percent.- The increase drove the number of unemployed to 12.7 million. FORWARD!!!!

By Mr. Snerdley (175), Southampton on Jun 1, 12 9:55 AM
Not the hope and change you were looking for huh Snerds. Bishop is a symbol of whats wrong with Washington. A career politician who has had zero experience in the private sector.
By razza5350 (1685), East Hampton on Jun 1, 12 11:55 AM
This comment has been removed because it is a duplicate, off-topic or contains inappropriate content.
By RealityFirst (597), Bridgehampton on Jun 1, 12 4:29 PM
Everything I stated is fact.

Who embraced the Viet Cong and protested in he streets in favor of Ho Chi Minh, my side, or yours?

Which political side of the aisle did the Soviet Union give guidance and support to during the cold war? Conservatives or liberals?

Who offered themseleves up as "human shields" to protect Saddam Hussein's assets?

Who expressed their "understanding" and sympathy for Al Queda? The political right or left?

Who burns the American ...more
By RealityFirst (597), Bridgehampton on Jun 1, 12 4:46 PM
Dear Tim, thanks. Obama has shelled out more in federal spending than the five presidents that came before him. New analysis shows federal spending by president as a percentage of GDP, and it doesn't reflect well on Obama. "There has been a dramatic increase in spending under the Obama administration.” "Most of it is attributable to year one of his presidency and the stimulus... but President Obama has continued to take spending to a new level." Federal spending was close to 20 percent ...more
By Mr. Snerdley (175), Southampton on Jun 1, 12 9:13 PM
"Read my lips..."
By Mr. Z (7259), North Sea on Jun 2, 12 4:32 AM
Sorry Phil what we need is too stop entitlements to the lazy and stupid. We need to cut public pensions and public benefit programs. Why do I have to pay for some lazy slob with eight kids on welfare? Why do I have to pay for people who make bad decisions? This country is becoming a haven for losers and people looking to steal from the system.
By chief1 (1833), southampton on Jun 1, 12 10:21 PM
Even better, those who do pay into the system, can't get a hand for it.
By Mr. Z (7259), North Sea on Jun 2, 12 4:33 AM
"We need to increase taxes to spend on infrastrucure-that's how you create jobs."

You won't that in economics 101; that's a recipe for government to destroy long term growth and ingenuity. Government programs are the cause of joblessness. Dig huge holes and fill them up again, or repair roads and bridges already repaired with “shovel ready” stimulus funding. You need to provide incentive for businesses to grow and the free market system to identify where to make investment. ...more
By Mr. Snerdley (175), Southampton on Jun 2, 12 3:15 PM
salty home, furnishings, bridgehampton, hamptons