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Rick Perry: Swindler? Where do unspent campaign contributions go?

 
Mojofabulous
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User ID: 1476210
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12/14/2011 11:48 PM
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Rick Perry: Swindler? Where do unspent campaign contributions go?
I was in the process of trying to find a list of Ron Paul's current top contributors and I stumbled upon a list of all the candidates campaign contributions as well as their expenditures. I noticed something pretty disturbing...Rick Perry has received $17.168 million in contributions for his campaign and spent just under $2.1 million of that money. Meaning he has over 88% of his contributions still sitting in cash. Actually a bit less since he has $300,000 in debt. Round things down to 85% then.

In fact, Mitt Romney has raised almost twice as much as Rick Perry($32.2 million) yet has less cash leftover! Romney is sitting on about 45% cash leftover from all his contributions.

Compare that to Ron Paul who has received $12.623 million in contributions and has spent $8.948 million of that. Meaning he has about 29% of his total contributions sitting in cash.

My question is, what precisely is the Perry plan here? Why isn't the campaign spending any of their money and if it isn't spent, what happens to all of it?

See the numbers for yourself here:
[link to www.opensecrets.org]

Last Edited by Mojofabulous on 12/14/2011 11:52 PM
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Mojofabulous (OP)

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12/15/2011 02:34 PM
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Re: Rick Perry: Swindler? Where do unspent campaign contributions go?
bump
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MartianPrincess

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12/15/2011 03:10 PM
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Re: Rick Perry: Swindler? Where do unspent campaign contributions go?
Maybe waiting to expend it at a later time, when the shine has worn off the other candidates? This would give his campaign a much-needed breath of life.
Occam's Razor, morans!
Mojofabulous (OP)

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12/15/2011 03:14 PM
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Re: Rick Perry: Swindler? Where do unspent campaign contributions go?
Thats the thing. The perry team just sat by and watched as his popularity died a horrible death. They had tons of money to help his campaign, they simply chose not to spend it.
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

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The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
MartianPrincess

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12/15/2011 04:15 PM
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Re: Rick Perry: Swindler? Where do unspent campaign contributions go?
Hmmm... but then again, Perry for President has always been kind of a joke (at least for us Texans), kinda like Ron Paul used to be before he became the media's new sweetheart. I cannot, in good conscience, endorse ANY of the candidates for this election...it's such a blatant setup: the only way Obama could dream of reelection is if there is no viable Republican candidate...and guess what?
Occam's Razor, morans!
Mojofabulous (OP)

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12/15/2011 04:38 PM
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Re: Rick Perry: Swindler? Where do unspent campaign contributions go?
New sweetheart? lol
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

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If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.