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The Smart Money :
10 Tips to Get the Biggest Bang for your Political Contribution
Memphis, TN – January 22,
2007 – In an era of pyramid
schemes and internet scams, JoeCitizens.com releases its Top 10 Smart Money Tips
for political contributors. “There is a lot of anxiety in the community,
especially among those who have invested a lot of time, money, and watches in
our elected leaders. It is important to contributors that they get what they
legally paid for,” says
Here’s
our Top 10 Tips for Political Investing:
1. Start
Investing Early
Procrastination
can put a big dent in your ability to influence elected officials. You can start
small, but big money talks.
2. Consider
the Impact of Inflation
Most people tend to forget about the effects of inflation when donating to a
candidate. Even a low rate of inflation adds up over several terms in office;
you’ll have to give more in future dollars.
3. Make
Informed Decisions
It is important to take enough time to understand the elected official you are
investing in so you make the right long-term decisions. If the candidate can’t
be bought, don’t throw good money after bad.
4. Your first loss is your smallest loss
Don’t continue to fund candidates that can’t
deliver on your “needs.”
5. Don’t bet on a long shot
Stay
safe with seasoned players. Return on Investment is important when zoning issues
arise.
6. Back incumbents
They
have the inside track. They can also “make someone walk” during meetings.
7. In tight races, back both candidates from different parties
A great trick is to back
one in the primary and the other in the general election. Although you are
hedging your bet, claim one of the candidates as a friend of the family.
8. Be flexible
Be
in position to jump ship if candidate stumbles badly.
9. Don’t go outside of system, stay within guidelines.
Don’t
pull a Joe Cooper; a legit campaign contribution is just as effective.
10. Invest
Regularly
It’s
important to view campaign contributions as a process, not a one-time event.
See
the best political investors in the country at www.opensecrets.org
and those in our area at www.VotingInMemphis.com
, www.bluecollarvoter.com (coming soon)
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