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$650,000 Left in Ron's Presidential Campaign

Submitted by fecwatcher on Mon, 07/21/2008 - 10:32
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Blogger Andrew Malcolm and associates at the LA Times have done the analysis of latest FEC report here:
http://www.lewrockwell.com/blog/lewrw/archives/022083.html

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at first glance

Submitted by JohnGalt300 on Mon, 07/21/2008 - 11:14.

Fortune Favors the Bold

it seems a bit odd he would transfer 3.5 mil to his congressional campiagn, which for all intents and purposes, doesn't exist since he has no opponent. But this actually makes some sense. Recall in 1988 there were some embezzlers, and even in this campaign, some staff who looted.

I think Paul may have learned his lesson, and will be only giving the CFL staff money in small doses to ensure its used efficiently and not squandered or stolen.

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Fortune Favors the Bold

Could you name the names?

Submitted by Granny Warrior on Mon, 07/21/2008 - 20:41.

Who were the embezzlers? And Looters?

Granny Warrior
www.grannywarriors.com

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Granny Warrior
www.grannywarriors.com

If 3.5 million was transferred into his Congressional campaign.

Submitted by Ignoranceiscurable on Mon, 07/21/2008 - 13:12.

I would like an explanation for that.

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me too

Submitted by legalizeliberty on Mon, 07/21/2008 - 13:40.

http://www.flickr.com/photos/57925480@N00/2660779139/sizes/l/

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"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul

I think

Submitted by speculor on Mon, 07/21/2008 - 13:01.

the 3,5 m in his congressional campaign is to "park" the money there. He can use some of it to fund RP candidates later, I think. He probably made it 3,5 as it is a round figure and left the rest for the presidential campaign. Smart move.

Only 650K?!

Submitted by atrickpay on Mon, 07/21/2008 - 10:56.

This explains:

Paul, who ran as a determined small-government, antiwar Republican and came up something around 1,000 delegates short of the nomination, reported ending July with only 649,625.70 in the bank. Last we heard he had several million left over from his unsuccessful presidential run.

But Paul has since transferred $10,000 to his nonprofit organization and a hefty $3.5 million of that money into his congressional campaign, which might seem unnecessary to some because he has no Democratic (or Libertarian) opponent in the November general election for his 11th House term.

You left off an important extra digit!!

Submitted by Liberty_Belle on Mon, 07/21/2008 - 10:54.

Add another zero please! Also this is not the FEC report and is not necessarily true breakdowns until officially confirmed!

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"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd

Yup, that makes

Submitted by atrickpay on Mon, 07/21/2008 - 10:57.

sense!