| User Info
| Gary Johnson Campaign Fiscal Checkup in forum [Market-Ticker]
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Marvinmartian
Posts: 752
Incept: 2011-03-16
Pasadena, CA
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Johnson is scamming on a very small scale compared to what we are seeing in Tampa with the GOP.
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Iou
Posts: 1027
Incept: 2009-03-16
The Twilight Zone
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So this mofo is going around charging all his campaign expenses on his credit card? What happens when he's not able to pay it back? Is his campaign a LLC? Just trying to figure out how I'm going to get screwed on this one.
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Genesis
Posts: 130788
Incept: 2007-06-26
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Generally the campaign winds up owing the money and the people it owes get ****ed. Usually the candidate tries to solicit money after losing to pay it back, but that rarely works out very well.....
The campaign committee is essentially a corporation and the candidate himself or herself is not personally liable for it in most cases. This, incidentally, is why if you ever do paid work for a campaign it's very important to get paid up front, in cash, before you provide the goods or services.
There are exceptions and I've seen a couple of rulings to the contrary, where the candidate can be personally attached. State and Federal law both bear on this and it's a bit complicated, but in the general sense it's a bad idea to rely on the premise that a candidate is personally liable for campaign debts.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Flappingeagle
Posts: 1229
Incept: 2011-04-14
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Quote:If you remember back in February I wrote on Gary Johnson coming into the Libertarian Party with $200,000 worth of debt and soliciting Libertarians for funds -- without clearing his Republican debt first.
In short, he was trying to get Libertarians to pay for his failed Republican run. I've said the same thing several times as well. With that out of the way, I "MAY" vote for Johnson anyway just to see the Libertarian candiate get as many votes as possible in an attempt to help the next candidate four years from now. Flap
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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
"You can't build a house of cards on a shaking table." - Tony Johns
The January 2015 AMZN put at $130 (cost $4.25) will be a winner.
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Iou
Posts: 1027
Incept: 2009-03-16
The Twilight Zone
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Based on these numbers, he's going to be sticking it to a lot of people. That’s not going to reflect well on the Lib party.
Thanks for the explanation.
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Debtpie
Posts: 534
Incept: 2009-12-17
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20 to 1 leverage...pfha!...guys an amateur.
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A Leader, or an Opportunist? "A leader has the capacity of vision, the ability to see where things are headed before people in general see those things." Mitt Romney --- DebtPie's definition: a leader decides where "things" should head and "leads" us there.
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Iou
Posts: 1027
Incept: 2009-03-16
The Twilight Zone
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Quote:Johnson is scamming on a very small scale compared to what we are seeing in Tampa with the GOP. Based on the subject matter of this ticker I say you're full of ****. You think the GOP is broke and not paying their bills? Nice try!
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
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Genesis
Posts: 130788
Incept: 2007-06-26
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I'm assuming he incorporated the committee; I don't know if he did, but one must assume he's not stupid enough to fail to do so (that's the one way he can be personally reached in the general sense, and then only in certain states.)
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Templar223
Posts: 779
Incept: 2008-04-28
Champaign, IL
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Gary had some good ideas, but his campaign thus far has been exceptionally disappointing.
Such a shame as he could have offered a serious challenge to the two-party system.
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Greendisease
Posts: 65
Incept: 2011-04-11
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So basically, once again, there's no one to vote for. Ron Paul sold out, and Gary Johnson is a fraud. Yay.
What should I do? Write in a bunch of random phrases like "We're ****ed"? At least I'd be saying SOMETHING.
This top-down model of elections, in which the corporate media acts as king maker, simply doesn't foster change. Only a more bottom-up model will do that. It has to be a coordinated, grass roots effort, with the people deciding who they want before silly season even begins. I'm disappointed that in this day and age, with the power of the internet and so many disillusioned Americans, an actual leader still hasn't emerged.
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