Also, if you're going to put "Arizona" in your PAC's name, it may be a good idea to base it here.
From the Saving Arizona PAC's statement of organization filed with the FEC -
Thiel used $10,000,000 of his billions and funded the PAC.
From the PAC's mid-year 2021 filing -
Yet, while the PAC may have "Arizona" in its name, incredibly little of its money has been raised or spent here.
According to its FEC summary page, the PAC has raised a total of $10,558,039.78, yet of that total, $130K was raised here (and of that, $100K came from the same sources -
What? You say that the Blocks are different from Basis? The records of the Arizona Corporation Commission might not agree -
Anyway, I digress.
To make a long story short, 1.23% of the PAC's money has been raised here.
Which is actually higher than the percentage of the PAC's money spent here, which is 1.14% out of $6,146,710.68.
Anyway, while Thiel has spent $10M + on the race (the "+" comes from the fact that he given almost $6K directly to Masters' campaign committee), but I have to ask one thing -
How much more did Thiel have to spend to "win" Cheeto's endorsement of Masters?
It's pretty obvious that I am *not* a fan of Mark Brnovich - I think that he's a bigoted and opportunistic hack.
Having said that, at least he's an Arizona bigoted and opportunistic hack and not a carpetbagger looking to buy a nomination.
Thiel/Masters is.
Rich people trying to buy a political office is not a new idea, but in the age of Cheeto, they're not even trying to hide it any longer.
From Politico -
Big-spending billionaires are upending politics. The Los Angeles mayor's race is the latest test.
Even by the cash-flush standards of modern politics, Rick Caruso’s run for mayor of Los Angeles has been a shock-and-awe spending campaign.
The billionaire Republican-turned-Democrat has already dropped $34 million on the race, single-handedly making the June 7 primary one of the most expensive elections in the country. He’s spent $25 million on TV advertising alone this year, more than any other candidate for any office in America, save one prospect running for governor in Illinois, according to the ad-tracking firm AdImpact. And in those TV ads, Caruso hammers away at homelessness, crime and corruption at City Hall, a trio of top issues for Los Angeles voters, while casting himself as an outsider — “not just a talker, a doer,” one TV ad narrator says.