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Huntsman goes for broke....literally!
CBS News ^ | 10/17/2011 | Brian Montopoli

Posted on 10/18/2011 8:06:27 AM PDT by LesDowrey

Former Utah governor Jon Huntsman's presidential campaign is nearly broke - but the campaign is vowing that it will have the resources to continue until the primaries.

The campaign said Friday it has just $327,000 on hand and $890,000 in debt. It listed its total receipts - including a $2.25 million donation from Huntsman himself - at $4.51 million, and its total dispersments at $4.18 million.

Huntsman campaign manager Tim Miller said Huntsman will have the money he needs to stay in the race until the New Hampshire primary, which will likely take place in early January.

"Governor Huntsman has the best record and boldest vision for leading this country and our campaign will have the resources necessary to ensure he will win New Hampshire and go on to the nomination," said Miller.

The Huntsman campaign revealed the information as part of its third quarter fundraising report with the Federal Election Commission. The campaign has slashed spending and cut staff since the candidate entered the race in June, and it says its fundraising has improved in recent weeks.

"Our campaign has reorganized to become more nimble with a focus on success in New Hampshire and our fundraising this first two weeks of this quarter has reflected that," Miller said.

Huntsman has struggled to gain traction in the Republican contest but has started to make some gains in the Granite State, though a Magellan Strategies survey out Friday still had him in the single digits there.

The former governor could get a boost from "Our Destiny PAC," the pro-Huntsman PAC founded by a Huntsman Corporation executive that is poised to potentially run advertising on his behalf. The PAC can raise unlimited funds to support Huntsman's campaign, and could attract millions from Huntsman's wealthy father and other allies.


TOPICS: Government; Politics
KEYWORDS: broke; campaign; huntsman; jon
Can someone please tell me what the hell Jon Hunstman is even doing in this race? Who honestly thought this guy could win?

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1 posted on 10/18/2011 8:06:29 AM PDT by LesDowrey
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To: LesDowrey

he acts like a woman and an obama sycophant.


2 posted on 10/18/2011 8:07:54 AM PDT by ken21
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To: LesDowrey

Democrats must be giving him the people’s money.


3 posted on 10/18/2011 8:11:06 AM PDT by Hattie
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To: LesDowrey
The former governor could get a boost from "Our Destiny PAC," the pro-Huntsman PAC founded by a Huntsman Corporation executive that is poised to potentially run advertising on his behalf. The PAC can raise unlimited funds to support Huntsman's campaign, and could attract millions from Huntsman's wealthy father and other allies.

Pouring money down a black hole. Few others will contribute...

4 posted on 10/18/2011 8:12:09 AM PDT by bcsco (A vote for Cain will cure the Pain!)
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To: LesDowrey
Can someone please tell me what the hell Jon Hunstman is even doing in this race?

  1. Ego
  2. Inability to build businesses and support worthy causes like his father did.

5 posted on 10/18/2011 8:16:06 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: LesDowrey

Hey wait OWS has $300,000 they can give him.


6 posted on 10/18/2011 8:20:02 AM PDT by mk2000
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To: LesDowrey
The campaign said Friday it has just $327,000 on hand and $890,000 in debt.

Doesn't sound very presidential, however I think the Senate would welcome him as one of theirs.

7 posted on 10/18/2011 8:23:03 AM PDT by Pan_Yan
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To: LesDowrey

Being the Ambassador to China must have given him delusions of grandeur.


8 posted on 10/18/2011 8:32:01 AM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: LesDowrey

Nearly a million in debt. Huntsman’s dad can scare that up from his couch cushions.


9 posted on 10/18/2011 8:32:20 AM PDT by lurk
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To: LesDowrey
Can someone please tell me what the hell Jon Hunstman is even doing in this race?

because he's got a statesman's resume. "statesman." you might have to google it.

Can you tell us why you're shamelessly hustling your blog here?

10 posted on 10/18/2011 8:32:37 AM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: LesDowrey
including a $2.25 million donation from Huntsman himself

Trust fund hippie.

He seems to have managed to remove that photo from the net showing him as a hippie when he graduated from college.

11 posted on 10/18/2011 8:49:34 AM PDT by Cicero (Marcus Tullius.)
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To: the invisib1e hand

Statesman...hmmmm...let’s see...What do you think makes him such a statesman-his support of cap and trade as a response to climate change, his backing of civil unions for gay couples, or his support for in-state tuition for illegal immigrants?

I am far from shamelessly hustling my blog...I just wanted to have a conversation about a candidate whose rationale for running for the GOP nomination with such a liberal background...I just don’t understand.

That’s all. Can you tell us why you’re so supportive of a such a liberal candidate?


12 posted on 10/18/2011 8:56:37 AM PDT by LesDowrey (Take the Virtues and Values Plege today! http://virtuesandvalues.com)
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To: LesDowrey

Huntsman out of Money?

GOOD!


13 posted on 10/18/2011 9:08:22 AM PDT by GraceG
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To: LesDowrey

Something tells me he is running for Obama’s unity ticket, if they throw the gaffe ridden Biden over.


14 posted on 10/18/2011 11:23:46 AM PDT by Sybeck1 (My opinion doesn't really matter until March 13th anyway.)
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