Ron Paul Still in it

What CAN Paul do with the money he's raised? He couldn't use it to fund his campaign to re-take his House seat. What happens to it if he stops running? What happens to it when the election is over? Do any of you know the rules?
 
Mister Agenda said:
What CAN Paul do with the money he's raised? He couldn't use it to fund his campaign to re-take his House seat. What happens to it if he stops running? What happens to it when the election is over? Do any of you know the rules?
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You mean "Honest Ron" didn't spend it all?
 
Darth Rotor said:
Ron Paul Still in it

Not any more.

http://latimesblogs.latimes.com/washington/2008/03/ronpaulquits.html

Stick a fork in him, he's done.

DR
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Oh noes!

Wait... it isn't as bad as you think.

LA Times said:
But Rep. Ron Paul, whom we've affectionately come to call the libertarian-like, 10-term, 72-year-old Republican representative from Texas, appears to be -- this is so hard to write -- if not quitting, then almost certainly sort of stopping his race for the Republican nomination for president. Probably.

It's true. No fooling here.

There, it's out. In a special message to supporters late tonight the congressman, who Tuesday won an overwhelming 70:30 primary victory to continue representing Texas' 14th Congressional District in the House of Representatives, doesn't actually....

use the word "quit" or "stop" or "halt" or "surrender" or "give up" or "forfeit" or "walk away" or "submit" or "retire" or "abandon" or "cease" or "resign."

And, for unexplained reasons, he does urge "loyal volunteers" to keep up the struggle to gain delegates to the GOP convention in September, although John McCain already has acquired more than enough to win the nomination. Paul sounds rather like the general who got safely off the island radioing back to his stranded troops to keep up the good fight.
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:rolleyes:
 
WildCat said:
You mean "Honest Ron" didn't spend it all?
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No, I don't believe 'Thrifty Ron' has spent it all. :)

I see repeated speculation, mostly unkind, on what he's going to do with the money he has left (fund his retirement and so forth). He could certainly continue to spend it on his presidential campaign, such as it is, if he is required to. Is the rule you have to keep running until you're out of money? It seems like it's been more the case you drop out when you know you can't win so you don't waste your time and money. Did Thompson or Giulianni or Hucklebee have any money left over? If so, what did they do with it?
 
Mister Agenda said:
No, I don't believe 'Thrifty Ron' has spent it all. :)

I see repeated speculation, mostly unkind, on what he's going to do with the money he has left (fund his retirement and so forth). He could certainly continue to spend it on his presidential campaign, such as it is, if he is required to. Is the rule you have to keep running until you're out of money? It seems like it's been more the case you drop out when you know you can't win so you don't waste your time and money. Did Thompson or Giulianni or Hucklebee have any money left over? If so, what did they do with it?
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I was wondering this as well. What does Paul do with his leftover campaign funds? Found this:

[FONT=Times New Roman, Times, serif]Even when candidates for office lose, they win. Before 1993, the money contributed to a political campaign could be and often was diverted to a candidate’s bank account. Retiring and defeated candidates could and did keep unused campaign contributions. Nowadays, the candidate with excess funds can spend it in other ways such as winding down his office, contributing to party committees, and supporting other candidates. [/FONT]
[FONT=Times New Roman, Times, serif]But there are more creative uses for leftover campaign funds. The defeated candidate can donate the money to a nonprofit charity, such as a foundation headed by a close relative. He can form a public agency or a nonprofit agency and funnel the money to it. Large amounts can then be spent on parties, gifts, and dues. He can channel funds to companies he controls, or employ his spouse to work at a campaign committee. Before the campaign is over, he might buy a Mercedes.[/FONT]
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[FONT=Times New Roman, Times, serif]The most interesting thing about this quote is who actually wrote it.[/FONT]
 
I think the money will go into his "LIberty" PAC.
The March On Washington in July promises great amusement.
 
Damn, I should run for president. I think most people here would agree that some of my ideas are in hardly any important respect significantly inferior to RP's.

I could get rich, if it weren't for that :talk034: Hatch Act.
 
And I note that Paul continues to stress the Abolition of the Federal Reserve,which more than any other issue doomed his candidacy. People who might have agreed with him about a smaller federal government and an isolationist foreign policy (I agree with the first..though not quite as small a federal government as Paul advocates and disagree with the second) jumped ship with an idea as kooky as getting rid of the Federal Reserve.
I think that has really become an obsession with Paul.
 
dudalb said:
And I note that Paul continues to stress the Abolition of the Federal Reserve,which more than any other issue doomed his candidacy. People who might have agreed with him about a smaller federal government and an isolationist foreign policy (I agree with the first..though not quite as small a federal government as Paul advocates and disagree with the second) jumped ship with an idea as kooky as getting rid of the Federal Reserve.
I think that has really become an obsession with Paul.
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It is essential to his courting the whackjob support. The federal reserve being somehow the root of all evil is a very consistent thread in right wing fringe politics. It takes many flavors, but the federal reserve winds up being mentioned at some point...
 
Suddenly said:
It is essential to his courting the whackjob support. The federal reserve being somehow the root of all evil is a very consistent thread in right wing fringe politics. It takes many flavors, but the federal reserve winds up being mentioned at some point...
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I know, but one would think if he was ever serious about being elected to anything higher then his district in Texas he would keep his beliefs about the Fed on the back burner. But he makes it the linchpin of his campaign.
Paul attracts the kooks because he is one himself. And he,probably luckily for us,seems unable to conceal it or control his kooky followers.
 
BPSCG said:
Damn, I should run for president. I think most people here would agree that some of my ideas are in hardly any important respect significantly inferior to RP's.
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This is probably the nicest thing I'm ever going to say about your political opinions, but yes, you'd make a better President than Ron Paul.

Mind you, there are prokaryotic organisms of which one could say as much.
 
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