Posted on 07/26/2018 8:34:23 AM PDT by Trump20162020
Stacey Abrams is running for governor in Georgia. She would be the first black woman to be elected governor of a state in American history if she were to win the election. But she faces some major roadblocks.
The office of governor was staunchly Democratic in Georgia until Sonny Perdue was elected in 2002. He was reelected in 2006 and was succeeded by another Republican, Gov. Nathan Deal, in 2010.
Abrams wrote an op-ed for Fortune in April, in which she argued her personal debt shouldn’t disqualify her from running for governor. She owes more than $227,000 in credit card debt, student loan debt and back taxes. She also owes $178,500 in real estate debt and $4,434 on a car loan (but since those are assets as well as a debt, we haven’t included it in our breakdown of what she owes).
(Excerpt) Read more at finance.yahoo.com ...
Notice how the Yahoo article just “accidentally” left off she was a demonRat in the beginning of the article.
What a great example. A Governor with unpaid back taxes. Geeze!
Clinton Strategy here: Put all damaging information out there early and by yourself. 1) You prevent your opponent from exposing it in ads right before the election and 2) If she unloads her dirty laundry now, she can then say it’s old news, it’s in the past, let’s move on.
I don’t know if it will work though. I’d be shocked if Kemp loses this race.
Stacey Abrams can not even manage a campaign budget properly without going into massive debt, but she wants voters to believe she can properly manage the State of Georgia budget?
Haha! S.M.H.
Call for wealthy Dems to pony up.
Since the Financial Market is always accused of “Red Lining” Minorities (especially Blacks), how did this Woman get so far in Debt in the first place?
On Drudge they have a pic of the Time Cover with her on it asking the question, can this Woman turn Georgia Blue?
Anyone know her FICO Score?
Back taxes. How can you get away with owing the government money, then run for a government post???? What a place we have become!!!!
Is this personal debt, campaign debt, or both?
I got the impression it was personal debt. FEC reports are not required for state office, so it’s not clear what money is in her campaign. This could be an ideal way of paying off her debts.
I think that is campaign debt.
As they said in The Producers, “Never put your own money in the show.”
I checked a few years ago and there were about 1600 candidates for Congress that filed FEC reports. I think that was US House, but maybe it was both. Well, there were 435 or 469 successful ones, and very few were self-funded.
Interestingly about 25% of Broadway shows make money.
Well, I think it is expected for donor funds to repay the money?
Like skeletons in the closet, sizeable debt makes a politician vulnerable to bribery, extortion or blackmail.
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