Posted on 10/17/2007 5:12:49 PM PDT by Libloather
Debt dogs Jefferson
Fundraising flow reduced to a drip
Wednesday, October 17, 2007
By Bill Walsh
WASHINGTON -- In addition to a federal indictment hanging over his head, Rep. William Jefferson, D-New Orleans, continues to carry a heavy campaign debt, records show.
Through Sept. 30, Jefferson's campaign had $260,452 in credit card debt, bank loans and personal loans the congressman made last year to underwrite his re-election victory.
Even before his June indictment on 16 counts of bribery-related charges stemming from business ventures in West Africa, Jefferson was having difficulty raising money. It has only gotten harder.
Campaign finance reports for the third quarter made available Tuesday show that Jefferson raised just $15,450 between July 1 and Sept. 30. Most of that came from fellow members of the Congressional Black Caucus, with Rep. Charlie Rangel, D-N.Y., leading the way with $10,000 from his campaign and his political action committee.
The Laborers International Union of North America, a building trade union, donated $2,000. Jefferson received just one individual contribution in the amount of $150.
He spent much of what came in, records show. Jefferson listed $10,537 in disbursements including $6,000 to the Metairie accounting firm Rebowe & Co. He ended the quarter with $32,969 in his campaign account.
Jefferson downplayed his fundraising troubles.
"I don't think I'll need hardly anything to run" in the fall 2008 elections, he said. "When the time comes, we'll raise money."
Jefferson hasn't held a single fundraiser in 2007, his office said.
Over the past quarter, Jefferson's campaign paid its debts down about $2,250, but still ended up with a significant burden. He owed $24,600 to Dryades Savings Bank and $22,633 to Liberty Bank, both of New Orleans. The campaign is carrying debts of $21,715 to MBNA Visa and $2,880 to American Express.
**SNIP**
(Excerpt) Read more at nola.com ...
Anyone have $90 large just hanging around that they could contribute to this fine, upstanding American?
Sorry - I don’t keep that kind of cold cash around.
Did you check the freezer?
Oh, dang it, you’re right! There it is, right next to the tater tots! A feller tucks a twenny under the ice tray every so often and pretty soon there you are, 90 large! Whaddyaknow?
Why is he still in Congress and not in prison?
Why is this guy still a sitting U.S. Congressman?
“a federal indictment hanging over his head”
My question is when is this indictment going to stop hanging over his head and finally fall on it ???
I’m sure his good friend Denny will be happy to write him a check.
. . .and better, is it stuffed or 'hanging' frozen. . .in a freezer bag?
I’ll send him a cake with a saw in it.
Is that legal?
One congressman using his campaign money to finance another congressman??
Sounds illegal to me.
Duke Cunnigham and others sit in the Graybar Hotel, while this clown and Jack “The Unindicted Co-conspirator” Murtha have yet to face the Tossed Salad Man.
Hey Bill better take another look in the frig. If that doesn’t work you better work out a “this is all racial” deal with Al and Jessy. They supply the rent-a-mob and you and them split the take.
He doesn’t need campaign funds. All he has to do is put his name on the ballot, and LA people will reelect him. I understand he is one of the most conservative of the black members too. He once worked for J. Bennett Johnston, Jr., a LA icon.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.