"The Democratic Party Suicide Bill"
Atlantic, The, July, 2003 by Seth Gitell
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Terry McAuliffe, the chairman of the Democratic National Committee, is nothing if not a confident man. His confidence comes from his success in the many fields he has tackled over the years. During the 1990s he became the Democratic Party's most productive fundraiser while founding businesses of his own, chief among them a real-estate firm.
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"Don't forget, I did start two dozen companies," he told me when I visited him a few months ago. "I started my first business when I was fourteen years old. I was chairman of a bank when I was twenty-seven. Fundraising is like any other business." But although he doesn't show it, McAuliffe has undoubtedly been feeling less confident about the business of fundraising since November 6, 2002, when the Bipartisan Campaign Reform Act of 2002 took effect. Commonly known as the McCain-Feingold Act, for its sponsors in the Senate (John McCain, a Republican from ...
