$650,000 Left in Ron's Presidential Campaign

Huh? How has he spent $4.4 million after his has campaign ended, yet the CFL still hasn't done anything?
 
yongrel said:
Huh? How has he spent $4.4 million after his has campaign ended, yet the CFL still hasn't done anything?
Click to expand...

Well, in a recent interview he stated that the rally in St Paul would have a media strategy unlike anything we have seen so far. Maybe the money has been spent getting good commercial slots way ahead of time.

I will now see if i can find the interview and post it here, if anyone knows the one im thinking of please post.
 
torchbearer said:
3.5mil went to his congressional campaign. 10,000 went to his pac.
Click to expand...

Didn't we all donate to his congressional campaign separately?

I was really hoping for a media-blitz. Especially since RP was talking about it (Well, he just said "Media strategy", i guess that can mean many things)
 
CasualApathy said:
Didn't we all donate to his congressional campaign separately?

I was really hoping for a media-blitz. Especially since RP was talking about it (Well, he just said "Media strategy", i guess that can mean many things)
Click to expand...

It may have to do more with regulations than strategy.
10,000 may be the limit you can donate from a campaign to a pac. (not sure)
whereas, you can donate unlimited from one campaign to the another.
And to end a campaign account without going to either of those two sources, you'd have to donate it to a charity or something like that.
Ask McCain,he sponsored, but doesn't follow, these stupid laws.
 
cool glad to know i donated so he could fund his congressional campaign for the next 10 years :rolleyes:
 
o.O 3.5 million im his congressional campaign?

Damn... Was he really that frightful of Peden or was he trying to stimulate the local economy?
 
http://latimesblogs.latimes.com/washington/2008/07/ron-paul-bob-ba.html

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.
Click to expand...

I'm very certain this is just a "back off" thing and nothing more. Yes, we donated 1,050,000 to Paul's congressional campaign. Yes he spent most of it. And yes, he beat Peden and has no opponents in November. The thing is though, this money doesn't have to be spent now, it can be spent on any future campaigns.

So with Peden already talking about running again in 2010, I think Paul wanted to do something to stop him and anyone else thinking about it dead in their tracks. No one sane is going to waste money on a filing fee to take on a popular incumbent like Paul....with over 3.5 million to defend his House seat. It'd be a huge waste of time and money for any republican, democrat or libertarian. Just ask Chris Peden, he spent 150,000 dollars of his own money trying to beat Paul in the March 4, 2008 TX-14 republican primary...and he lost by over forty percentage points.

Also, if Paul ever feels frisky, he can use that massive amount of campaign cash for a U.S. Senate or Governor's run in Texas.
 
Kludge said:
o.O 3.5 million im his congressional campaign?

Damn... Was he really that frightful of Peden or was he trying to stimulate the local economy?
Click to expand...

Paul transfered the money AFTER he beat Peden. It's still there for him. He can transfer some of it back in the future if he wants.
 
RonPaulFanInGA said:
http://latimesblogs.latimes.com/washington/2008/07/ron-paul-bob-ba.html



I'm very certain this is just a "back off" thing and nothing more. Yes, we donated 1,050,000 to Paul's congressional campaign. Yes he spent most of it. And yes, he beat Peden and has no opponents in November. The thing is though, this money doesn't have to be spent now, it can be spent on any future campaigns.

So with Peden already talking about running again in 2010, I think Paul wanted to do something to stop him and anyone else thinking about it dead in their tracks. No one sane is going to waste money on a filing fee to take on a popular incumbent like Paul....with over 3.5 million to defend his House seat. It'd be a huge waste of time and money for any republican, democrat or libertarian. Just ask Chris Peden, he spent 150,000 dollars of his own money trying to beat Paul in the March 4, 2008 TX-14 republican primary...and he lost by over forty percentage points.

Also, if Paul ever feels frisky, he can use that massive amount of campaign cash for a U.S. Senate or Governor's run in Texas.
Click to expand...

It could even be used for Ron Paul senate campaign, or can be used for a future presidential bid.
 
Huh. This doesn't sound right. Paul himself specifically said funds for his Presidential campaign could not be used for his Congressional campaign.
 
Well, he needs to convert it to gold or silver then to hold its value, because that fiat money is not going to buy a 30 second ad during a 3:00 AM Gilligan's Island rerun in 2012 at the rate the dollar is dropping.
 
DFF said:
Huh. This doesn't sound right. Paul himself specifically said funds for his Presidential campaign could not be used for his Congressional campaign.
Click to expand...

That was true when he was running against Peden because Paul was still running for president at that time. You cannot transfer funds from a presidential campaign account to a congressional one unless you end the presidential campaign. Paul ended his presidential campaign in June, so now he can transfer any or all of that money to his congressional campaign account.
 
Well, we all know Ron Paul is going to be extra frugal with the money.

Three million will be good to have for a future political run.

Of course that means, the Campaign for Liberty is going to have work closely with the grassroots, so they can earn the grassroots monetary support.

The Campaign For Liberty will have to make each project count, justify every salary and work with the grassroots, unlike they way they worked with the grassroots during the Presidential campaign.
 
Last edited:
Once again, I am disappointed. We were expressly told right from the start that this money would all be used on the presidential campaign. I have no problem with Ron suspending the campaign, but a lot of people gave him money they could not afford to give. Those people should be offered a pro-rated refund. We were all told that the money would NOT be used for a congressional race. It's true that transferring the money to the congressional campaign fund is not necessarily using it for a congressional race. But that is splitting hairs.

I consider this a broken trust. Everyone here is willing to forgive Ron a lot. The awful national campaign that cut the state and local campaigns off at the knees. The video that destroyed our chances at conventions all over the country. So many missed opportunities.

We all support Ron and believe he's right on the issues. But this has nothing to do with issues. It has to do with personal integrity and responsibility.

Brian Kominsky
 
You must log in or register to reply here.

Similar threads

PAF
Elon Musk Jeffrey Epstein Entanglements
Replies
0
Views
567
PAF
PAF
jmdrake
Media Discovers Trump Right - Harris Does Support Trans Surgery For Illegal Aliens
Replies
1
Views
442
WarriorLiberty
W
jmdrake
New Poll Shows Harris Lead Cut From 10% to 5% In Tim Waltz State Of MN
Replies
2
Views
739
Anti Globalist
Anti Globalist
PAF
The Great Retreat: How Trump and Harris Are Looking Backward
Replies
2
Views
3K
CCTelander
C
PAF
Freedom from Digital Hell Depends on Trump’s “Multiple Personality Disorder”
Replies
0
Views
475
PAF
PAF
Back
Top