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Kerry Almost Broke, Bush $100M in Bank
NewsMax ^
| 2/22/04
| Limbacher
Posted on 02/22/2004 9:26:44 AM PST by Tumbleweed_Connection
According to information released by the John Kerry camp, the Mass. senator and presidential candidate had $2.1 million in the bank and debt of 7.2 million at the end of January. Most of the debt was a $6.4 million loan he made to his own campaign. This left the Kerry camp $5.1 million in the red, says a report in the Washington Post.
Fellow candidate Sen. John Edwards, D-N.C., at the end of January tallied $501,164 in the bank and debts of $382,667, for a net balance of $118,497.
Meanwhile, President Bush ended January with $104.4 million in the bank, poised to fund a prospective $50 million-plus ad blitz.
Mimicking a tactic used successfully by Bill Clinton against Bob Dole, the Bush campaign will unleash spring and summer television commercials lambasting Kerry just as he has no funds to counter the media assault.
Riding to the rescue may be the Democratic National Committee. Spokeswoman Debra DeShong said the DNC should have as much as $15 million available by the end of March.
At the end of last month, the DNC had $13.8 million in the bank. The Republican National Committee had $39.4 million.
Kerry rejected public subsidies in the primaries so that he would not have to comply with the limits that apply to those who accept matching federal grants for the first $250 of each individual contribution.
If Kerry becomes the de facto nominee he will be free to raise money all the way to the Democrats' convention in July to use to counter the Bush ads.
However, Michael Meehan, Kerry's spokesman, lamented, "We will never catch up." This sentiment in spite of his candidate raking in $5 million thus far in February.
TOPICS: Politics/Elections
KEYWORDS: 2004; ads; fundraising; gwb2004; kerry
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To: Tumbleweed_Connection
why doesn't george soros just buy the democrat party and then he could run a billion dollars worth of ads to get rid of the ever-hated W?
2
posted on
02/22/2004 9:28:48 AM PST
by
InvisibleChurch
(Remember, God made you special and He loves you very much!)
To: Tumbleweed_Connection
Does anybody have any ideas how Kerry can Ketchup?
3
posted on
02/22/2004 9:29:37 AM PST
by
hflynn
To: Tumbleweed_Connection
Most of the debt was a $6.4 million loan he made to his own campaign. This left the Kerry camp $5.1 million in the red, says a report in the Washington Post. That's Kerry mortgaging his half of a 12 million dollar house. (Really his wife's, which is to say, the money was identifiably the late Republican Senator John Kerry's.)
Wifey is supposedly still thinking about chipping in from her assets. Don't count on Kerry going broke.
4
posted on
02/22/2004 9:30:30 AM PST
by
VadeRetro
To: hflynn
He's spread pretty thin. He Mayo not make it.
5
posted on
02/22/2004 9:31:31 AM PST
by
EggsAckley
({....YES... I AM THE HATED......troll patrol.....(on duty).....})
To: hflynn
I have 57 of them.....
6
posted on
02/22/2004 9:31:46 AM PST
by
cmsgop
( HAS ANYONE SEEN Spalding Grey ??)
To: hflynn
any ideas how Kerry can Ketchup?YEEEEEEAAAAAOOOOOWWWW!!! -Howard Dean
7
posted on
02/22/2004 9:32:27 AM PST
by
NautiNurse
(Missing Iraqi botulinum toxin? Look at John Kerry's face)
To: EggsAckley
Mustard started running late
8
posted on
02/22/2004 9:32:34 AM PST
by
woofie
( If at first you don't succeed, destroy all evidence that you tried)
To: hflynn
Looks like he's in a pickle. I not sure he can cut the mustard. I know he'd relish a chance to debate Bush now.
To: Tumbleweed_Connection
Fear not. Soros will bankroll the rat.
10
posted on
02/22/2004 9:34:21 AM PST
by
pfflier
To: woofie
I relish the thought.
11
posted on
02/22/2004 9:34:22 AM PST
by
Tijeras_Slim
(Just once I'd like to get by on my looks.)
To: Tumbleweed_Connection
According to information released by the John Kerry camp, the Mass. senator and presidential candidate had $2.1 million in the bank and debt of 7.2 million at the end of January. and he sold his soul too...
12
posted on
02/22/2004 9:36:04 AM PST
by
evolved_rage
(All your base are belong to us.)
To: Tumbleweed_Connection
$200 Million or bust.
To: evolved_rage
and he sold his soul too...
What'd he get 30 pieces of silver?
To: Tumbleweed_Connection
"Kerry Almost Broke" Said TeRAYsa: "It took time, but I finally got that scrawny poodle house broken."
15
posted on
02/22/2004 9:45:46 AM PST
by
Enterprise
("Do you know who I am?")
To: hflynn
That is EZ, they will do it the Classico way. Much like the way X42 did with chinese and other illegal money.
16
posted on
02/22/2004 9:49:02 AM PST
by
pepperhead
(Democrats 3H attack plan for 04... He lied, Halliburton, and Hitler.)
To: Tumbleweed_Connection
Hmmm, maybe we should help him go 'broker', faster. Send him checks in the amounts of $.02 & $.05 - it'll cost his campaign more to process them than they're worth. Even in they toss them in the trash it's still time wasted - and time IS money.
Just a thought
17
posted on
02/22/2004 9:55:55 AM PST
by
Condor51
("Diplomacy without arms is like music without instruments." -- Frederick the Great)
To: Tumbleweed_Connection
At the end of last month, the DNC had $13.8 million in the bank. The Republican National Committee had $39.4 million. How much do they have to help candidates for House and Senate? What is happening with FEC rulings on 527s? I really want to see Daschle out.
To: VadeRetro
identifiably the late Republican Senator John Kerry's.)Heinz, not Kerry!
What was Teresa when she was married to a Republican?
Talk about a chameleon marrying a chameleon.
19
posted on
02/22/2004 9:58:41 AM PST
by
CROSSHIGHWAYMAN
(I don't believe anything a Democrat says. Bill Clinton set the standard!)
To: pfflier
Money may not be Kerry's largest concern. He must now defend reversals/lies, Nam, smear campaign, Edwards debate...
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