Wow. This will be something to keep a close eye on...
Uh-oh . seems to be in direct conflict with something I
heard on the news and that stumped me.
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From this article:
“When his campaign was down and out, he agreed to take public funding for the primaries. Public funding comes with spending limits overall and by state. Also, a candidate who accepts funding cannot raise money from private sources”
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From another article and what I heard last night:
*** McCain had to get life insurance before bank agreed to credit line ***
“I’ve got to tell you, I cannot come up with another example of a candidate who went so far into the hole without any assurance of being able to dig out of it,” said Bruce Buchanan, a University of Texas government professor.
McCain’s aides were worried enough to flirt with the idea of accepting federal funds, and they reorganized their financial accounting to prepare for it. But the aides say the campaign is now unlikely to do that, because it would be forced to respect the spending caps that accompany such funds.
“It would have been almost irresponsible,” said Charles Black Jr., a close adviser to McCain. “We knew that this time, we would have to persevere without taking the match.”
After obtaining the $3 million line of credit from Fidelity & Trust Bank in Bethesda, Md., in November, McCain spent nearly $3 million between Nov. 18 and Dec. 16, according to campaign records.
*** The chief asset among $5 million pledged as collateral was McCain’s huge fundraising lists.”***
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And they made him get life insurance in case he died.
This is wacky, and those people whose names were sold just might be a little ticked. I know I’d be.
I’ve been thinking about that “angel in the whirlwind” .... More to come, I’m sure. So, he’s too tight or UNABLE to take some of this $50+M personal fortune to spend, and he’s blasting his envy at Romney for all his disposable $$. The surly, jealous creep!
I just don’t think this is over... even if he ends up being the nominee. Too much time left, too many things can happen.