Kerry Almost Broke, Bush $100M in Bank

NewsMax ^ | 2/22/04 | Limbacher

[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.

[InvisibleChurch]

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?

[hflynn]

Does anybody have any ideas how Kerry can Ketchup?

[VadeRetro]

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.

[EggsAckley]

He's spread pretty thin. He Mayo not make it.

[cmsgop]

I have 57 of them.....

[NautiNurse]

any ideas how Kerry can Ketchup?

YEEEEEEAAAAAOOOOOWWWW!!! -Howard Dean

[woofie]

Mustard started running late

[Lonesome in Massachussets]

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.

[pfflier]

Fear not. Soros will bankroll the rat.

[Tijeras_Slim]

I relish the thought.

[evolved_rage]

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...

[GiveEmDubya]

$200 Million or bust.

[Lonesome in Massachussets]

and he sold his soul too...


What'd he get 30 pieces of silver?

[Enterprise]

"Kerry Almost Broke"

Said TeRAYsa: "It took time, but I finally got that scrawny poodle house broken."

[pepperhead]

That is EZ, they will do it the Classico way. Much like the way X42 did with chinese and other illegal money.

[Condor51]

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

[not-alone]

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.

[CROSSHIGHWAYMAN]

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.

[Tumbleweed_Connection]

Money may not be Kerry's largest concern. He must now defend reversals/lies, Nam, smear campaign, Edwards debate...