Posted on 12/06/2011 8:18:22 AM PST by NoPrisoners
Mr. Cain raised more than $5 million through September. Information on the financial activity since that time won’t be disclosed until January, but the campaign said it raised $9 million over a few weeks alone.
The funds allowed Mr. Cain and associates to dine and travel in style, using $350,000 on private chartered air in a few weeks, spending thousands at hotels such as the Ritz-Carlton and the Four Seasons, and eating largely steak dinners, records show.
One of the campaign’s top recipients was T.H.E New Voice, a company set up to sell Mr. Cain’s books and motivational talks, which was paid $100,000.
(Excerpt) Read more at washingtontimes.com ...
As some Freepers have already pointed out, will the WT ever venture to ask how much tax payer money was used to have Paul McCartney play a gig at the WH so Obama could sniff his nuts?
In order to minimize the threat Cain must be in a ten foot deep hole filled with concrete so the hits will continue. Herman is only severely wounded and the progressives in both parties want him dead.
He has to pay campaign expenses and all. Probably will start a PAC with it.
Did Hillary pay all hers back? She lost. Did she return donations?
I certainly have heard of capitalism and worked for people who have far more money than Mr. Cain. My last boss could buy and sell Cain a dozen times, and even though he is worth more than $100 million (self made, not inherited), he still lives a pretty humble life. Drives a luxury car when he could easily afford a car and driver. Flies first class commercial when he could easily do the Net-Jets fractional ownership thing. Has two nice homes in Wi and Fla, and donates a lot of money to charity through his foundation.
I was recently at one his homes for 80th birthday party for him. Some of the wealthiest people in Wisconsin were there, people who have donated 10’s of millions to many of their alma maters, have buildings named after them at Universities, etc. I have golfed with these people, worked for them, and almost without exception, they are self made. If you met them on the street, would have no idea how much money they are worth. The ones with true wealth many times do not show it, the ones who try to show it usually are not nearly as wealthy as they want you to appear.
Spending other peoples money to maintain a high lifestyle is not my idea of capitalism. Having traveled on business to Hong Kong, Europe, Japan, etc. I can tell you that I could have stayed at better hotels, ate at better restaurants, etc. I watch the money I spend precisely because in a capitalist system, profit is the ultimate measure of success, not appearances. I treat other peoples money I spend as my own, not as an ATM with unlimited over draft privileges. Any employee of a company from CEO on down is accountable for the expenses they incur, and the CEO should have to justify his just as a mid-level manager should.
The cult of Cain is suc a curious thing. He is self made without question, and deserves credit for that. I think people would be surprised if they saw that his net worth is probably not close to what he portrays, After he left Pillsbury (Godfathers) he did a couple years running NRA at $250k or so, and then a radio talk show which basically failed. He hired a guy from Wisconsin who was stocking shelves at Target to run his campaign, not a true professional who would have cost him a lot of cash.
Power corrupts and Cain seems to have let the position he has attained in society to corrupt him. That is my opinion and no amount of hectoring from FReepers with blinders on is going to change that. BTW CEO of NRA is paid through the dues of the member chapters and restaurants. Cain QUIT before his three year term was up, and the spending thing was a part of why he wore out his welcome there and left before his three year contract was up. That is not conjecture, it is a fact.
Sooner rather than later, too. I'm just afraid that the "special place" will be a corner office.
I voted for him in the Senatorial primary in 2004. We got Isakson instead, unfortunately.
Yes, and I hear they particularly enjoy ramen noodles.
I hope and pray he does, too.
When Newt said youths needed to work, they accused him of wanting to exploit child labor. So where is the outrage about trying to get kids to work for nothing?
crickets chirping
The Washington Times is usually above this sort of nonsense.
Cain is trashed for not spending more of the donated funds. Then he’s taken to task for spending more of the donated funds. Say what?
He didn’t make big propaganda buys. He was leading the pack using his methods. His popularity shot up overnight. Seems like he was doing things right then.
Then he was trashed for spending money on travel. Gee, no other politician has spent donated money on campaign related travel expenses. Who knew?
What bothers these folks, is that Cain may keep pushing his agenda. Someone who understands how that will damage Obama, since Cain is black, is determined to destroy Cain so fully that he’ll be seen as one of the most vile people in the nation, so nobody will listen to him.
Washington Times, you should be ashamed to drag the name of your paper through this type of mud.
Nothing has been proven true about Cain even to this point, and yet the level of attack continues and even escalates.
Shameful...
The same that Michelle & Hussein eat on a regular basis?
Did you realize you trashed Cain for spending too much, then trash him for not spending more.
Plenty of good people have tried talk radio and failed. Here you attempt to use that as a negative against Cain.
Okay, Cain didn’t run his campaign like you ran your business trips. LMAO, now there’s a reason to dis a presidential candidate. Tell me the long list of presidential candidates who watch their expenses like you did on a business trip.
So Cain didn’t exist on peanut butter and jelly, live in tents, and travel by horseback. Just damn him...
Okay, you don’t care what the rest of us think. That’s definitely best.
“What bothers these folks, is that Cain may keep pushing his agenda. Someone who understands how that will damage Obama, since Cain is black, is determined to destroy Cain so fully that he’ll be seen as one of the most vile people in the nation, so nobody will listen to him.”
Yep, they are afraid that he will do the same thing Palin did ie use that money to have a big impact on the 2012 election, and maybe entice some minority voters to leave the “Democrat’s plantation”.
Great. I prefer the lifestyle of Malcom Forbes, the Happy Billionaire. Spent money like nobody's business, and it wasn't. Made his money honestly and spread it around. His prolific spending habits were a one man boost to the economy. He enjoyed life, including the things the money he made provided for, to the fullest.
You seem to equate spending money with corruption. There is no truth to it. If you enjoy the company of "humble" people, go for it. I prefer the company of men like Forbes who, when a writer for a Car Magazine asked him why he had 20 brand new, expensive motorcycles in his garage said, with a twinkle in his eye, "I like to go riding, and sometimes friends like to come along".
LOL, so the moment Cain raises enough of his supporters cash he should switch from Hyatts and Hiltons to Ritz and Four Seasons? If someone can explain to me how his campaign was improved one iota by staying at the most expensive hotels and eating at the most expensive restaurants, I am happy to listen.
The fact is, if he were ever serious about running a viable campaign for POTUS, he would have spent frugally where possible(hotels and f&b) and poured as much of his campaign cash into those areas (advetising, recruiting county chairs in Iowa and building an infrastructure there, etc) which could garner him the most votes.
As an aside, when GWB was running for POTUS, he stayed at a friend of mines Crowne Plaza in the SF Bay area. His campaign certainly could have afforded to stay at more upscale hotels in San Fran (there are a ton to choose from), but chose not to.
Also, do you think Cain was putting his entire staff up at the Four Seasons and Ritz or was it just him while they stayed at the Comfort Inn down the street??
What, no lobster, caviar and champagne?
The post I was responding to originally implied that Cain was this self made wealthy guy. I questioned that premise.
You say you have been following Cain for months, so have I. If you go back a few months you will see posts from me where I actually SUPPORTED his candidacy. I changed my mind because of two things. First was the NRA fiasco. Like I said, the sex did not bother me, the lifestyle he was living at NRA’s expense did. I have met and even worked for people who live that type of lifestyle on other peoples money (ie corporate CEO’s or in this case POTUS candidate) I have 0 respect for that type of person because the guy we have in the White House is a perfect example of what happens when people with that philosophy gain power.
The second thing that turned me away from Cain was his utter lack of depth on most issues, especially foreign policy. It reminded me of watching Palin at the debates, furiously trying to remember the talking points someone had tried to squeeze into her head.
Your ad hominem attacks on me reveal more about yourself than the issue at hand.
I have been a FReeper for a decade, but am finding it more and more an intolerant forum of those who would rather blindly follow a person rather than the conservative ideals FR purports to support.
Cain was out of his depth, his motives totally suspect now that the bimbo eruptions have forced him out of the race, and was woefully unprepared intellectually for the rigors of a campaign for POTUS.
My premise is that you can look just as presidential at the Holiday Inn as you can at the Ritz Carlton. How many times did you see Cain on TV from either hotel? The hotel he stays at is irrelevent to his campaign other than the huge waste of money it was.
Finally, I made no comment on whether GWB was a good POTUS or not, I merely related as FACT that I know his campaign was more conservative with how they spent their cash on hotels during their first campaign for POTUS in 2000.
You seem to have invested too much in Cain. A healthy skepticism of all candidates will help protect you from such profound disappointment you evidently are feeling now that Cain has been exposed and removed himself from the race.
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