Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Agnosticsherbet

(11,619 posts)
2. This is a game that politicians pay. They borrow money, from banks, run up a bill...
Wed Dec 31, 2014, 01:52 AM
Dec 2014

and when their campaign treasury is empty they owe money.

For instance, Hillary Clinton's campaign debt from 2008 was paid off by President Obama's Campaign funds in 2013.

Fiorina and Clinton are not exceptions, they tend to be the rule. Banks don't mind loaning money to campaigns. They get access to winners, and losers and winners can not, as I understand it, retire the debt through bankruptcy.

Warren's campaign also owed money after her 2012 campaign in which she raised 42 million, spent it all and some besides.

It is possible that Fiorina is running so her new campaign can pay off her old debt. It is hard to believe she is dense enough to think she can win, though hubris could be at work.

Not the first campaign to stiff people/vendors. n/t PoliticAverse Dec 2014 #1
This is a game that politicians pay. They borrow money, from banks, run up a bill... Agnosticsherbet Dec 2014 #2
I guess my mother must have been doing something wrong mackerel Dec 2014 #3
"Usually a small amount".... No Vested Interest Dec 2014 #4
Not to worry customerserviceguy Dec 2014 #5
And yet she will look brilliant Mr.Bill Dec 2014 #6
Maybe customerserviceguy Dec 2014 #7
She'll look like Bachman Mr.Bill Dec 2014 #10
She's shooting for a VP tap Brother Buzz Dec 2014 #8
Exactly... SoapBox Jan 2015 #12
Good one! KamaAina Dec 2014 #9
She may not be Palin dumb but she's Palin wrong consistently. mackerel Dec 2014 #11
I don't know whether to laugh or throw up. Cleita Jan 2015 #13
Yup. SoapBox Jan 2015 #17
is she Perky enough ? olddots Jan 2015 #14
Not at all. She's kinda like Condaleeza Rice she uses a lot mackerel Jan 2015 #15
I have just had a brilliant idea. pennylane100 Jan 2015 #16
Not going to happen Brother Buzz Jan 2015 #18
Carly couldn't even win California, her home state, in a race for senate. nt TeamPooka Jan 2015 #19
And she lost big in Silicon Valley Retrograde Jan 2015 #20
Even her rich peers in the Tech biz would not vote for her. I say bring it. nt TeamPooka Jan 2015 #21
I wonder if she will now try Senator...again. SoapBox Jan 2015 #22
I wouldn't put it past her. mackerel Jan 2015 #23
Latest Discussions»Region Forums»California»Carly Fiorina might be ru...»Reply #2