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To: NCPAC

All I know on these financial matters is what I read in the papers.

"The lien resulted from what Pascoe called "an erroneous tax accounting" involving payments for speeches by Keyes to a personal corporation he formed to handle money he makes as a public speaker, Pascoe said.

Former Illinois Atty. Gen. Ty Fahner, who screened potential GOP Senate candidates, said they all were asked whether they had failed to file any state or federal income taxes. And they were asked if they had any outstanding issues with the Federal Election Commission, which regulates campaign spending in federal campaigns.

Though some Republican sources said they believed Keyes had not fully disclosed all his campaign debts, two state central committeemen said he told the committee, which nominated him Wednesday, that the debts were being taken care of.

"The majority of the outstanding debt is money that is due and payable to longtime Keyes staff and operatives," said Pascoe. "They fully expect to settle the campaign's debts within short order of coming to final agreement with the FEC."

At the committee meeting, when asked about his outstanding campaign debts, Keyes "said everything is being finalized and worked out," said state Sen. Dave Syverson (R-Rockford).

Douglas Webber of the Center for Responsive Politics in Washington, D.C., said it is not unusual for candidates to allow debt to accrue for years in losing campaigns."

Copyright © 2004, Chicago Tribune



98 posted on 08/07/2004 10:39:12 PM PDT by rdf ("Endowed, by their Creator, with .... rights")
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To: rdf
All I know on these financial matters is what I read in the papers.

Certainly you're not claiming this is the first time you've heard of this, are you?

As far back as I can remember, they have been "coming to final agreement."

Douglas Webber of the Center for Responsive Politics in Washington, D.C., said it is not unusual for candidates to allow debt to accrue for years in losing campaigns.

Is it Alan Keyes' position that it's okay to NOT pay people/vendors for services rendered? I know that was John Glenn's position -- and he put a lot of people, mostly small busineses, out of business.

102 posted on 08/07/2004 10:44:53 PM PDT by Howlin (Saving Private Hamster)
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