WASHINGTON -- Despite their calls to reduce the influence of big money in politics, presidential hopefuls Barack Obama and John McCain are both relying on affluent patrons to fund the first billion-dollar campaign in history.
Obama is touting the multitudes of small contributors who have given him less than $200, but well-heeled donors who gave $1,000 or more account for one-third of his haul nationally, and at least 20 percent of his $5.2 million take so far in Minnesota.
McCain is depending even more on big-buck donors, with $1,000-plus contributors making up about three-fourths of the $1.2 million he raised in Minnesota through June.
Presidential fundraising in Minnesota, which ranks 25th among the states in contributions, also is showing how a small cadre of influential "bundlers" on both sides are mining the same high-bracket ZIP codes for the largest hauls of their campaigns.
Tops in the state in overall presidential giving is the 55391 ZIP code centered on Wayzata, home to Carlson family scion Curtis Nelson.
Nelson is a prominent McCain donor. Wayzata is also the home of Dayton family patriarch Bruce Dayton, who has contributed to McCain and Obama. The area is No. 1 for McCain and No. 2 for Obama. The 55403 ZIP code, in and near downtown Minneapolis, is Obama's best and among McCain's strongest.
Steve Weissman, of the nonpartisan Campaign Finance Institute, said the Obama campaign can justifiably take credit for an unprecedented volume of small donations. But the big story of the 2008 election -- in Minnesota and across the country -- is the growing influence of special campaign rainmakers, he says.
"There are really two trends going on here," Weissman said. "More small donations and more concentrated gathering of large ones by a small number of wealthy and increasingly powerful bundlers."