6 votes

Sorry Revolution, Revolution PAC wasted your money. Comedy Central.

Under the direction of Gary Franchi, the group spent $1 million, 83 percent of its cash, on administrative expenses, including about $153,000 for himself and his companies. A $1,766 monthly fee for "office rent" went to a Franchi company whose address is a mailbox at a Northbrook, Illinois, UPS Store

Continue reading

http://www.indecisionforever.com/blog/2012/12/05/sorry-revol...

Since this is a comedy website, I am hoping this is just a spoof.



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Bloomberg reporitng on superpacs includes some info on Franchi

The presidential candidacy of Paul inspired the formation of several super-PACs, and some of them invested little in politics while spending large sums on overhead.
Revolution PAC raised more than $1.2 million and spent just $172,000 on independent expenditures to help him. Steering the group’s $1 million in administrative spending was Franchi, Revolution’s founder.
Franchi paid himself $38,000 in management fees and fundraising commissions. The super-PAC gave more than $60,000 to One Touch Media and about $53,000 to Restore the Republic --also owned by Franchi, according to Illinois corporate filings.
Revolution PAC was $63,375 in debt as of the end of September. In August, Washington-based campaign finance attorney Dan Backer took over the group’s FEC paperwork.
Franchi Out
Backer said in an interview that Franchi is no longer involved. “Like many grassroots people, Gary was very enthusiastic about the cause but didn’t have the background to run a business or large organization,” Backer said.

http://www.bloomberg.com/news/2012-12-04/post-campaign-super...

This seems to be a pattern...

The next time I consider making a donation to a cause I believe in, I will first ask myself if I believe in it enough to be active myself! I talked the talk and paid the walk, and it won't happen again.

Bogus article

None of the hard figures cited are unreasonable in the least. The only damning claim is that of 1.2 mil, only 172k was spent to help Paul, but the figures cited don't actually support that claim. I smell a fish...

Rememeber

everyone, this is an indictment against everyone involved, including Tom Woods who is on record and saying that he was 100% behind all the activities of RevPac and 'bleed for the movement' through RevPac while at the same time denouncing Jesse Benton for cutting ties due to his involvement with the official campaign.

Note: Jesse Benton is an oaf in his behavior and demeanor.

So, if we are all to be intellectually consistent and honest, we should also throw stones at Tom Woods (given last I checked the DP was going through the throw stones at everyone, except Ron Paul, phase).

Point being, we should wait and see what the official response is from Franchi and others before we go into 'rage against new selected liberty subfaction who has strayed from the magical narrow path'.

May the LORD bless you and keep you
May the LORD make His face shed light upon you and be gracious unto you
May the LORD lift up His face unto you and give you peace
Follow me on Twitter @ http://twitter.com/Burning_Sirius

Original thread on this

The money is no good

Its funny to watch greedy do any immoral acts to get some debt slave money. Compounding, False-Debt issue, Fiat Money cant buy my love.

sovereign

$1,766 per month to rent an

$1,766 per month to rent an office? Must be a nice office. Pics?

When was the last time you

When was the last time you rented office space around Chicago?

1000 sq ft is running around $1900/mo.

http://www.cityfeet.com/cont/il/chicago-office-space#sizeMin...

Blessings )o(

I have 750 sq ft in

BFE, SC and I pay $725 a month so Gary is ok!

Is office space in downtown

Is office space in downtown Chicago necessary?

Oh quit

Now we're going to second guess every dollar spent on rent?

Would we prefer the office be in BFE or that the office be somewhere noticeable and easy to get to? Come on folks, this is absurd.

Eric Hoffer

it can be expensive way out in the suburbs too.

even in the middle of an industrial park

The wonder if these Hacks in here

know where all that money they wasted on the GOP Rominee went ? Not only did their Rominee lose to the worst Pres. in US history...he wasted millions and millions doing it....To bad SO sad...lol

"If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin."
Samuel Adams

True.

And how exactly would a discussion of money wasted on Romney help the Liberty Movement? I think a discussion of money wasted by Gary Franchi is far more relevant.

It would probably help

about as much as this thread is helping...BUT...it would without a doubt tip the scales on the humiliation and funny factor! The GOP's Rominee and their millions wasted get trounced by a ZERO , now THAT is something to talk about! ...Can you say Loser Loser Double Loser?...lol. ;)

"If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin."
Samuel Adams

The story is true as reported in Bloomberg News on Monday.

The complete story is here:

http://www.bloomberg.com/news/2012-12-04/post-campaign-super...

"Post-Campaign Super-PAC Cash Still Flowing to Consultants"

Paragraph regarding RevPAC:

Entrepreneurs who set up super-PACs wrote their own paychecks. The new groups sometimes moved as much money into the pockets of employees as they did into races. And some showed evidence of self-dealing.
The presidential candidacy of Paul inspired the formation of several super-PACs, and some of them invested little in politics while spending large sums on overhead.

Revolution PAC raised more than $1.2 million and spent just $172,000 on independent expenditures to help him. Steering the group’s $1 million in administrative spending was Franchi, Revolution’s founder.

Franchi paid himself $38,000 in management fees and fundraising commissions. The super-PAC gave more than $60,000 to One Touch Media and about $53,000 to Restore the Republic --also owned by Franchi, according to Illinois corporate filings.

Revolution PAC was $63,375 in debt as of the end of September. In August, Washington-based campaign finance attorney Dan Backer took over the group’s FEC paperwork.

Revolution PAC raised $1.2 million by pitching itself as a booster for Texas Representative Ron Paul’s run for president. Under the direction of Gary Franchi, the group spent $1 million, 83 percent of its cash, on administrative expenses, including about $153,000 for himself and his companies. A $1,766 monthly fee for “office rent” went to a Franchi company whose address is a mailbox at a Northbrook, Illinois, UPS Store. Franchi said in an interview there is a physical location for the companies, declining to give its address “for privacy reasons.”
Backer said in an interview that Franchi is no longer involved. “Like many grassroots people, Gary was very enthusiastic about the cause but didn’t have the background to run a business or large organization,” Backer said.

“With super-PACs, a lot of people were getting paid what is probably not the optimal rate. We’re looking at how we can become more effective in that area,” he added.

Franchi said he was “actually impressed” with what his super-PAC accomplished. He left the group to focus on his other companies, which provide social media services, he said.

PayPal founder Peter Thiel was the super-PAC’s top monetary backer, contributing $85,000. Thiel also gave $2.6 million to a different pro-Paul super-PAC, Endorse Liberty, late last year. Thiel declined to comment through spokesman Jeremiah Hall.

Live Free or Die

Smoke and mirrors

None of the hard figures cited are unreasonable in the least. The only damning claim is that of 1.2 mil, only 172k was spent to help Paul, but the figures cited don't actually support that claim. I smell a fish...

How about the main "controlled" campaign?

hmm:
http://www.dailypaul.com/265367/traitor-trygve-olson-ron-pau...

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

ytc's picture

Gary Franchi is getting better & better at reporting on

liberty issues that establishment media wouldn't touch. I wish WE could pay a FULL professional fee for what he is doing for our cause. I hope this type of smearing jokes on him, undoubtedly to the delight of the elites, will not push him to want to quit the liberty fight and seek a lucrative job, that I'm sure he can secure, if he should so desire.

Yes...

It would be far better for him to continue to extort money from the Liberty Movement at a rate of 83% of whatever we're dumb enough to give him.

People's responses to this have been absolutely amazing. Why are you defending this guy? No one is saying (now, at least) anything about how good he is at helping the cause (he's terrible at it). They're saying he took 83 percent of the money given to him to help Ron Paul. That's atrocious. It's indefensible. And your response is that you "wish we could pay him a full professional fee"? What does that even mean, that you wish we could demand he give back a bunch of money and only keep a professional fee?

agreed. 80-90% of "administration" is generally discretionary

If I was going to set up to really help a cause UNLESS THE CAUSE REQUIRED A NICE OFFICE, ETC. I would use a spare bedroom for an office, borrow used computers, etc.

Having grown a few businesses from almost nothing on almost nothing I would guess that 80-90% of "administration" is discretionary if -- but only if -- the people who are involved in the administration are really putting their souls on the line. For example, I have a multimillion dollar business that probably went 5 years before "niceties" such as a dedicated copy machine (we finally found a used one), a second bathroom, a water cooler, a time clock system, etc. All those niceties are NICE, and some do improve efficiency in various ways, but until you are gushing cash to such a point that the cost of the nicety is swamped by the cost of the lost efficiency, these things can and should be done without. Especially, as I said, if your point in doing what your doing is coming from your heart instead of from your ego or a desire to pad your pocketbook.

Unless you need a fancy setup to appeal to fancy donors, I find the reported inefficiency completely inexcusable. This is especially true for a PAC which really should have had a lifespan no longer than Ron Paul's remaining campaign. And while some of us taking a loss or donating a lot of time he was taking compensation? I'm all for a fair hearing but this really seems outrageous -- and it's hard to believe that incompetence or non-discretionary expense excuses it.

Maybe the guy could speak up here on the forum to tell his side of the story and answer a few questions?

Bill of Rights /Amendment X: "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."

Do you need a politician or judge to "interpret" those 28

Newbie's to the liberty movement....

...need to watch out for Paytriots. They walk and talk like Patriots, but they are in it for the money.

The key here is not to be try to finding a political savior. The political savior is within you and what you do locally.

Stop talking in terms of "we" and "they". Start talking in terms of "me" and you". Do that as an explicit exercise for a day or a week and the truth will rain down on you.

Heads are going a roll if this is true. Harry Browne lost all

respect when he took "stole" money from his campaign.

Comedy Central said: "Don't be surprised if Randian ethical egoism inspires him to steal all your money." ---- No, don't be surprised if all those Randian Property Rights champions come calling for the head of Gary Franchi

Yes, please BUY this wonderful libertarian BOOK! We all must know the History of Freedom! Buy it today!

"The System of Liberty: Themes in the History of Classical Liberalism" ...by author George Smith --
Buy it Here: http://www.amazon.com/dp/05211820

Obviously Revolution Pac has

Obviously Revolution Pac has a physical headquarters that isn't a po box. They had to throw in other crappy PAC's in order to make this more than a 1 sentence joke.

I personally would have charged 10$ a month more on rent so I could see 1776 every month. 1766 just doesn't have the same umph.

one thing is for sure

Revolution Pac made some of the BEST commercials I have seen

"Truth is Treason in an Empire that lies" - Ron Paul

Educate the masses, and win in the end.

They were great commercials, but

did they actually air them for people to see, or just circulate them around the Internet among people who already supported Ron Paul in order to drum up more donations?

Tu ne cede malis sed contra audentior ito

Garan's picture

I wonder how much those commercials cost?

Professional looking video can cost a lot to produce.

I wonder if anyone has estimated the cost of producing the same videos, what the viewer exposure was, and how that compares the to sum donated to Revolution Pac.

Another skank hit piece

Yes it seems lots of liberal website are quoting the distortion of Raw Story on a Bloomburg report. Which I happened to read. The source article not the Raw Story hit piece. And the numbers look very much in line with what I'd expect to see with such an organisation.

Wasted our money? SORRY, WE SAW THE VIDEOS, THE 24 HOUR LIVE BROADCASTS, THE PRINT AND VIRAL PUSHES OF CONTENT. SO WHAT WE HAVE HERE IS A BIG FAT LIE PUSHED BY BIG FAT LIAR LIBERALS.

Enough of this recycled garbage has been pushed here for one day.

Be brave, be brave, the Myan pilot needs no aeroplane.

Did Franchi personally do all

Did Franchi personally do all of those things? If not, he grossly over paid himself. No one should be mad nor defensive about this. A fool and their money is easily parted. I think one of the best campaigners Ive seen is the tnsonsofliberty guy and I dont think hes been given a penny compared to any pac.