ThePoliticalCat

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Saturday, June 14, 2008

2008 Elections: They Deserve Each Other


Rude Ghouliani has just announced to the desperate Republicans (imagine that, they're having trouble raising money! Broken economy don't sound so good now, does it, boys?) that he'll help them out with fundraising if he gets to keep a cut. Caveat: That link is to the NYT, so you'll need to log in.

Isn't that just special? See, Rude-y apparently has $3.6 million in campaign debt. That includes half a mil that he lent to his campaign out of his own pocket. The greedy schlub wants it all back.

Hey, Rudesby! You're a millionaire, you asshole. You can write off some of that debt.
Mr. Giuliani’s move has irritated some of his Republican colleagues, who say that the arrangement would put an additional strain on candidates who in many cases are struggling to raise money. Some say rather than making a generous gesture, the former mayor is seeking to tap local candidates’ donors.

[...]

The fact that Mr. Giuliani — who had an estimated net worth of at least $30 million in 2006, according to financial disclosure forms filed last year — has loaned his campaign money gives the fund-raising a particular urgency. [...] if any portion of a personal loan to a campaign is unpaid by the end of an election cycle, the maximum amount that can be repaid with money raised after that is $250,000, according to Bob Biersack, a spokesman for the Federal Election Commission.

That means that Mr. Giuliani could have to forgive all or part of his $500,000 loan if he does not raise the funds to pay it back before September, when Senator John McCain is formally chosen as the Republican presidential nominee, officially ending the primary elections.
HAHAHAHAHAHA! Oh, this is too rich. So you think he's trying to siphon off a little of that cash that his Republican fellow-travelers' intended marks so generously throw around? (wipes eyes) Oh, Rudesby, Rudesby, who'd'a thunk it of ya?

Maru has a nice, multi-part lineup of other Republicans in the news for similar, um, shenanigans.

Geeze, we're not even going to try to do our usual "What the fuck is wrong with these people?" schtick.

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