Why did Mike Lee donate $500 to the Bob Bennett election committee October 25, 2008, just after Bennett brokered TARP? I don't know.We fact-checked this assertion and found it to be true. Section "A" below is the actual donation found at the Federal Elections Commission website:
As for the assertion that Lee's Bennett donation came after TARP, the donation was received on the 25th of October while TARP passed on the 3rd of October, a three-week interval. While we reject the donation constitutes any evidence of a quid-pro-quo, the fact that plenty of time passed after the Bennett TARP vote means that in Lee's mind TARP wasn't a disqualifier for a substantial campaign contribution. The Wyden-Bennett health-scare scheme originated in 2007 and that, too failed to deter Lee's Bennett campaign contribution.
One additional perspective: Lee's Bennett donation didn't come after Bennett had won a Republican primary and was trying to coalesce around the nominee against a liberal Democrat: indeed it was quite the opposite. Lee's donation came at a time long before candidates normally start announcing their bids for a primary race: the effect was to say "Bailout Bob, I love you SO much for your 16 years of "conservative" dedication, socialized healthcare plans, bank bailouts and earmarks to Utah, I'm gonna give you $500 so that just in case someone decides to run against you in a primary, you have my support."
This donation makes Lee the only candidate in the Utah Senate race who has actually funded his or her opponent's campaign and makes for psychedelic politics as Lee has tried to distance himself from Bailout Bob based on Bob's inability to follow the Constitution.