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 ...
Mike Murphy is Great at spending OTHER PEOPLE’S MONEY, but he knows Squat about WINNING!!!
Even if he wasn’t a “Bush”, he was still a bad candidate.
Terri Schiavo might dispute that.I will say this much - most states do not have a better governor, apparently, than JEB was in FL. Caveat: Common Core.
Just how many governors, R or D, would have disobeyed that illegitimate court order??? IMHO you would be lucky if you even needed one finger to count them with.
You may be correct about that.
Doesn’t mean Yeb! was a good governor.
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.