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Here’s how Jeb Bush ran out of cash
Yahoo News ^ | February 19, 2016 | Rick Newman

Posted on 02/20/2016 6:31:17 PM PST by Pinkbell

His campaign started out stuffed with money.

By last July, Jeb Bush had raised $103 million for his super PAC, Right to Rise, an astonishing sum that seemed to foretell the most lavishly funded campaign in American history. No super PAC had ever raised so much cash so early in an election cycle. In fact, Right to Rise alone outraised all the super PACs combined at the same stage in the 2012 elections.

Now, after primary elections in just three states, Bush is out. He finished sixth in the Iowa caucus, fourth in the New Hampshire primary, and now, fourth in the South Carolina primary. It has become a given in modern American politics that money buys results, but Bush's rapid flameout suggests a more nuanced reality: Money can buy an edge, but successful candidates still need broad-based support and lots of smaller donors.

Bush‘s strategy from the beginning was to lure wealthy donors able to write six- and seven-figure checks to his super PAC. But his campaign itself was never well-funded, and that turned out to be a critical gap. Super PACs, which can accept unlimited amounts of money, can pay for ads and other types of advocacy—either for the favored candidate or against rivals—but they’re not allowed to cover basic campaign expenses such as salaries for staff, travel costs, event fees and anything else done by the campaign proper. That's what the presidential campaign committee is for, and that's limited to maximum donations of $2,700 per person for the primary elections, and another $2,700 for the general election. So even with a gargantuan super PAC, it's still crucial to have a lot of donors funding the traditional campaign.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Extended News; News/Current Events; Politics/Elections; US: Florida; US: Iowa; US: New Hampshire; US: South Carolina
KEYWORDS: 2016election; blow; cocaine; eightballs; election2016; florida; iowa; jeb; jebbush; newhampshire; ricknewman; righttorise; southcarolina; toot
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To: Pinkbell
Even failures have to retire

Ain't NO one gonn'a invite him to speak !

21 posted on 02/20/2016 6:45:16 PM PST by knarf (I say things that are true ... I have no proof ... but they're true.)
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To: Pinkbell

If I spent $100 million of other people’s money running for President I would not have a lot to show for it either.

Of course, unlike Yeb!, I am not stupid enough to think I could every buy my way into the Presidency.


22 posted on 02/20/2016 6:45:27 PM PST by Bubba_Leroy (The Obamanation Continues)
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To: 2ndDivisionVet

I didn’t support him, so no.


23 posted on 02/20/2016 6:45:55 PM PST by Pinkbell (Liberal tolerance only extends to people they agree with.)
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To: Pinkbell

No, I’m saying even if you agreed with him.


24 posted on 02/20/2016 6:46:29 PM PST by 2ndDivisionVet (TED CRUZ 2016)
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To: Bubba_Leroy

Me either. I think he figured the establishment support would help him and he’d get it like Juan and Romney. I think in a way he thought his last name would help, but then he was reluctant to use it for a while. He would have been better to just proudly proclaim his last name from the beginning and let the chips fall where they may.


25 posted on 02/20/2016 6:49:27 PM PST by Pinkbell (Liberal tolerance only extends to people they agree with.)
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To: Pinkbell

Now he will back Rubio, which is fine. It makes Rubio more establishment.


26 posted on 02/20/2016 6:49:35 PM PST by Angels27
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To: Pinkbell

Id-ee-ott! You shame the Boosh Family, why you not win as your brudder after spending $10,000,000??


27 posted on 02/20/2016 6:49:43 PM PST by Gasshog (Fed-Up America & Donald Trump vs. Career Politicans - Guess who Wins?)
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To: Pinkbell

Selling out American’s didn’t work this time.

Just like ‘see ya at the bill signing’ didn’t work.

Nonetheless, the Cheap Labor Express plodded on.


28 posted on 02/20/2016 6:49:46 PM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: dp0622

Isn’t it!

Whoopee...


29 posted on 02/20/2016 6:50:46 PM PST by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
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30 posted on 02/20/2016 6:52:20 PM PST by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
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To: 2ndDivisionVet

If he was my candidate I guess I would have early on, but at this point, as in the past couple months, no because he mismanaged his campaign badly.


31 posted on 02/20/2016 6:52:38 PM PST by Pinkbell (Liberal tolerance only extends to people they agree with.)
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To: Pinkbell
What I found interesting but not surprising is that Hillary leads by a large margin every candidate in campaign contributions by a lot.

Betting on the come - Payment up front for the special access and favoritism they expect when she is gets back in the White House.


32 posted on 02/20/2016 6:57:00 PM PST by Iron Munro (WE MAY BE PARANOID BUT THAT DOESN'T MEAN THEY AREN'T REALLY AFTER US)
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To: Pinkbell

One thing is for sure and that this election for the republicans have 3 candidates in the final stages that the establishment Would never have chosen for us and that is a good thing.


33 posted on 02/20/2016 6:58:56 PM PST by princess leah
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To: Pinkbell

One thing is for sure and that this election for the republicans have 3 candidates in the final stages that the establishment Would never have chosen for us and that is a good thing.


34 posted on 02/20/2016 6:58:57 PM PST by princess leah
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To: dp0622
I can honestly, truthfully say that, besides the odd thread to make fun of him in the next few days and weeks :), that I will Never think of the Bush name again.

George P. Bush is already running for 2020. Get in on the ground floor.

35 posted on 02/20/2016 7:00:30 PM PST by PAR35
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To: Lurkinanloomin

Electoral Disfunction?


36 posted on 02/20/2016 7:00:51 PM PST by batterycommander (...Change your diaper, diaperhead. It's full of shiite.)
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To: Pinkbell

Thinking about all the money those yahoo globalists wasted, makes me smile.


37 posted on 02/20/2016 7:01:11 PM PST by SaraJohnson
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To: Pinkbell

38 posted on 02/20/2016 7:04:55 PM PST by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: Pinkbell

Time to carry on. Jeb has proven himself and done the right thing. Lets wish him good luck and his continued contributions to beating the Dems


39 posted on 02/20/2016 7:05:28 PM PST by cassiusking
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To: Pinkbell

I will say this much - most states do not have a better governor, apparently, than JEB was in FL. Caveat: Common Core.


40 posted on 02/20/2016 7:05:40 PM PST by conservatism_IS_compassion (u)
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