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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: goldstategop

Jeb Bush was governor ages ago. He’s been out of the loop a long time.


41 posted on 02/20/2016 7:06:14 PM PST by Ciexyz
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To: headstamp 2

#18 let’s hope this is consistent with Hillary...


42 posted on 02/20/2016 7:06:57 PM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Pinkbell

43 posted on 02/20/2016 7:08:47 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: conservatism_IS_compassion

Terri Schiavo might dispute that.


44 posted on 02/20/2016 7:13:47 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Pinkbell

“Right to Rise” I hadn’t heard this name of the Bush PAC until now, what a stupid name. No wonder Jeb bombed out.


45 posted on 02/20/2016 7:16:05 PM PST by FreedomGuru (Vote out every republican that voted for the latest spending bill...)
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To: Pinkbell

In other words, he needed the smaller donors, such as those in the Conservative Base to fund his personal campaign. Evidently, no matter what he said, he did need the base to win.


46 posted on 02/20/2016 7:18:11 PM PST by kalee
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To: Pinkbell

Didn’t realize that Cruz and Rubio were getting so much PAC money...I knew Bush and Hillary were, of course, but it’s disappointing to Cruz/Rubio also getting so much.


47 posted on 02/20/2016 7:19:36 PM PST by BobL (Who cares? He's going to build a wall and stop this invasion.)
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To: Pinkbell

Didn’t realize that Cruz and Rubio were getting so much PAC money...I knew Bush and Hillary were, of course, but it’s disappointing to Cruz/Rubio also getting so much.


48 posted on 02/20/2016 7:19:36 PM PST by BobL (Who cares? He's going to build a wall and stop this invasion.)
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Comment #49 Removed by Moderator

To: headstamp 2
... how incredibly bad a candidate he was ...

His clueless, in-your-face arrogance probably didn't help.

Continually campaigning in Spanish, heaping disdain on the base, etc.

I guess he's really reduced to hoping the eGOP promised "brokered convention" can still draft him.

50 posted on 02/20/2016 7:27:16 PM PST by Calvin Locke
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To: BobL

So no one but billionaires should run for president? It takes a lot of cash to run a campaign, and unless you are Trump or Bloomberg, candidates need PACs, which are regulated by the FEC.


51 posted on 02/20/2016 7:34:02 PM PST by txrefugee
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To: txrefugee

“It takes a lot of cash to run a campaign”

Trump is showing that to NOT be the case. But candidates do NEED A MESSAGE, and Trump certainly has that (build the wall, send them home, keep out the terrorists).

Walker actually was the first to show THE DAMAGE that PACs can do to you when he tried to keep them happy on Amnesty, while still trying to get Republican votes. He wound up demanding a wall be built on the CANADIAN border.


52 posted on 02/20/2016 7:47:55 PM PST by BobL (Who cares? He's going to build a wall and stop this invasion.)
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To: Admin Moderator

Sorry about the other Frank Underwood gif.

Thought it would slide but, guess it was “Bush” league...

LOL


53 posted on 02/20/2016 7:48:49 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: BobL

Well, Trump is fortunate enough to be able to personally fund his campaign, but people like Cruz and Rubio need PAC money to campaign. The only other person without PAC money is Bernie, and he’s managing to run all on personal donations. That’s about the only thing I can give Bernie credit for.


54 posted on 02/20/2016 7:59:10 PM PST by Pinkbell (Liberal tolerance only extends to people they agree with.)
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To: Pinkbell

Jeb was too dependent on his Mommy, his Daddy and his brother. He was not his own man. He kept pushing his lineage rather than his personal achievements. He just didn’t have much credibility.


55 posted on 02/20/2016 8:01:41 PM PST by seawolf101
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Sixth in Iowa, fourth in New Hampshire and South Carolina, and last in the hearts of his nation.

56 posted on 02/20/2016 8:18:13 PM PST by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: FreedomGuru
“Right to Rise” I hadn’t heard this name of the Bush PAC until now, what a stupid name. No wonder Jeb bombed out.

"Right to Rise" sounds more like the name of a Bill Clinton PAC.

57 posted on 02/20/2016 10:00:40 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: DoughtyOne
Money Can't Buy "Love" - Or Move Jeb's Poll Numbers.

Jeb - Can I go home now

58 posted on 02/20/2016 10:12:50 PM PST by BobP (The piss-stream media - Never to be watched again in my house)
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To: conservatism_IS_compassion

Caveat Terry Schievo.


59 posted on 02/21/2016 12:41:32 AM PST by chit*chat
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To: DuncanWaring

Thank you, most people have conveniently forgotten about her. My dear friend in the medical profession described for me what happens to the body when a person is dehydrated to death. She told me NEVER refuse hydration in your living will it is a slow, painful death. Every time the media reported that her ex-husband was whispering lovingly into her ears I imagined he was telling her to die and extolling how he won. And I will never forget sharp tongue down there with his hired activist hacks supporting that murderer.


60 posted on 02/21/2016 12:50:43 AM PST by chit*chat
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