Mysterious presidential candidate reported raising billions in 2008?
Apparently, Hillary Clinton wasn’t Barack Obama’s only wealthy Democratic primary challenger in 2008. A Texas man named Lee L. Mercer, Jr. reported to the FEC that he raised $900 million during that presidential election cycle. That’s about $120 million more than Obama collected on his way to the White House.
Well, not exactly.
Mercer’s campaign finance reports seem to indicate that he never actually raised that much money. Maybe none at all. On other forms, he reported raising billions — yes, billions — of dollars for campaigns in 2008 and 2012.
His name doesn’t appear on any presidential candidate lists, but he has declared his availability for the job, registering “Intelligence of Lee Mercer” as one of the committees authorized to spend money on his behalf.
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