If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Reason Magazine)   The Obama campaign does not seem to be bothered by the fact that it spent more than it raised in June, calls it "practice"   (reason.com) divider line 110
    More: Interesting, President Obama, Obama campaign, Fe C, TV Land, swing states, DNC  
•       •       •

729 clicks; posted to Politics » on 23 Jul 2012 at 9:46 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



110 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest

Archived thread

First | « | 1 | 2 | 3 | » | Last | Show all
 
2012-07-23 09:47:12 AM  
I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.
 
2012-07-23 09:48:57 AM  
Done in one.
 
2012-07-23 09:49:03 AM  

Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.


Mitt Romney has a detailed plan to loot his campaign's pension fund, and to outsource the jobs while personally making millions in "consulting fees".
 
2012-07-23 09:49:29 AM  
Is there some reason they should be bothered by that fact?
 
2012-07-23 09:50:07 AM  

Philip Francis Queeg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Mitt Romney has a detailed plan to loot his campaign's pension fund, and to outsource the jobs while personally making millions in "consulting fees".


So, standard Republican procedure?
 
2012-07-23 09:50:13 AM  
I guess since it's not a Republican campaign, they don't have to worry about producing a profit. What with candidate bills being covered elsewhere.
 
2012-07-23 09:51:01 AM  

Philip Francis Queeg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Mitt Romney has a detailed plan to loot his campaign's pension fund, and to outsource the jobs while personally making millions in "consulting fees".


after which he will retroactively quit the campaign prior to anything that could be considered unethical
 
2012-07-23 09:51:14 AM  
Hmm... between getting married and moving into a new apartment, and paying off my car, I'm pretty sure i've spent more than I made this month. Luckily, I also made money last month.
 
2012-07-23 09:51:54 AM  
There's a right wing pundit douche site tailored for all types. If you are a full on nut case some WND or American Thinker might be your deal. If you just like to do the both sides are bad so vote republican kinda thing well then head on over to Reason.com.
 
2012-07-23 09:51:57 AM  

Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.


In Amercia they do.
 
2012-07-23 09:52:58 AM  
I think they're missing a T
 
2012-07-23 09:53:51 AM  
Well that settles it! I'm voting for Gingrich!
 
2012-07-23 09:53:58 AM  
Meanwhile, I see from one of the ads (for Firefox users, those are solicitations for you to buy their product or sign up for some emails) Sheriff Joe wants to take the country back. Big aspirations for a County Mountie.
 
2012-07-23 09:55:08 AM  
So, if I have $1000 in the bank coming into June, make $500 during the month of June, and spend $800 in the month of June...

No wait...

I am not allowed to save money for future use. I can, and in fact, *have* to spend every dime I make during the month that I make it...

That doesn't sound right either, let me try once more...

If I spend more in a month...


I can't do it. Could one of you Independents explain it to me?
 
2012-07-23 09:55:19 AM  

unexplained bacon: Philip Francis Queeg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Mitt Romney has a detailed plan to loot his campaign's pension fund, and to outsource the jobs while personally making millions in "consulting fees".

after which he will retroactively quit the campaign prior to anything that could be considered unethical


Romney has just issued an affidavits to the FEC stating that he is both Candidate in control of his campaign and that he has no role of any kind in the campaign.
 
2012-07-23 09:55:33 AM  
What a shame, bankrupting themselves like that. It's too bad for the Obama campaign that the month of June, in which they spent more money than they made, was the only month in which they raised any money at all.
 
2012-07-23 09:55:56 AM  

Gecko Gingrich: I can't do it. Could one of you Independents explain it to me?


Obama Bad, QED.
 
2012-07-23 09:56:00 AM  
President Obama may end up becoming the boy who cried wolf in his "I will be outspent" fundraising campaign.

Racism!
 
2012-07-23 09:57:24 AM  
They sound concerned.
 
2012-07-23 09:57:40 AM  
No one has commented on the giant douche vs. turnd sandwich hyperlink in the article yet. Have some more coffee farkers, your slacking.
 
2012-07-23 09:58:03 AM  

Iblis824: Hmm... between getting married and moving into a new apartment, and paying off my car, I'm pretty sure i've spent more than I made this month. Luckily, I also made money last month.


This.

Obama has made a major investment this month because this is the point where the general election campaign really begins. And it's been a successful one -- before Romney really got a chance to define himself to the American people, they now know him as a vulture capitalist who refuses to be open about his finances.
 
2012-07-23 09:58:25 AM  
I'm shocked to learn that a political campaign operates more like a business than the average American household. They don't live check to check and may have money in savings or reserves, or available on credit? Shocking! It's like this article wants to offend me, as the average schmuck, that the President's campaign isn't quite managed like my shoddy finances. There is only one opportunity as an average Joe. Turn from 0bama and his heretical finances and embrace the party that embraces, and cares for me; the Republicans. Or not. Get bent Repubs.
 
2012-07-23 09:58:41 AM  
Remember all those months where Obama was bringing in loads of money while the Republicans were infighting? Yeah, they have some money in the bank saved for the next few months.
 
2012-07-23 09:58:44 AM  
Oh is this another article where Reason pretends to be in the middle while only pointing out things Democrats do?
 
2012-07-23 09:59:24 AM  
Was there a point being made in TFA? Because I sure didn't see it.
 
2012-07-23 09:59:59 AM  

Philip Francis Queeg: Romney has just issued an affidavits to the FEC stating that he is both Candidate in control of his campaign and that he has no role of any kind in the campaign.


Initially I read that as Romney saying he was Canadian. Which would have actually been funnier:)
 
2012-07-23 10:00:26 AM  

Iblis824: Hmm... between getting married


You poor, poor bastard.

/Divorced within the last 6 months
//Can you tell?
 
2012-07-23 10:01:32 AM  
abcnews.go.com

"Who cares what that Muslim does? Dude, it's all about sinking tons of money into that Mormon dude. Adelson is going golfing with Mitt tomorrow while I bang Anne Romney after she does her MS therapy with that $77,000 tax write off horse. Deducations and viagra give this cowboy a raging hard-on!"
 
2012-07-23 10:02:37 AM  

verbaltoxin: Oh is this another article where Reason pretends to be in the middle while only pointing out things Democrats do?


Well, today is a day with a Y in it, and the sun rose in the east this morning, so I'd give it about 3:2 odds that you're correct.
 
2012-07-23 10:04:16 AM  

LucklessWonder: Iblis824: Hmm... between getting married

You poor, poor bastard.

/Divorced within the last 6 months
//Can you tell?


Just a little. The fark tag was a bit of a give away.

/even though you joined 9 years ago.
 
2012-07-23 10:05:20 AM  
We get it - he's black.
 
2012-07-23 10:06:10 AM  
img155.imageshack.us
 
2012-07-23 10:06:37 AM  

qorkfiend: Is there some reason they should be bothered by that fact?


Nah it probably doesn't matter they're being massively out fundraised by their opponent and can't even raise enough to cover their expenditures. Who cares if they can't afford ads in October? Not like those make a difference.

When has money ever been important in politics anyway? I'm sure this thread will fill up quickly with people scoffing at Romney's campaign and its massive war chest while assuring everyone that all is well and Obama has got Romney right where he wants him.

An incumbent being out raised by a challenger? Psh, why worry, I'm sure that happens all the time. Oh? That has never has happened? Well, I know from reading Fark this election is over anyway and the damn biased right wing media is just making it look close for ratings, so I'm sure everything is going to work out.

/make sure you Farkers vote, even if you think the 'media' is what is making this election close
 
2012-07-23 10:06:59 AM  
 
2012-07-23 10:07:08 AM  

Philip Francis Queeg: unexplained bacon: Philip Francis Queeg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Mitt Romney has a detailed plan to loot his campaign's pension fund, and to outsource the jobs while personally making millions in "consulting fees".

after which he will retroactively quit the campaign prior to anything that could be considered unethical

Romney has just issued an affidavits to the FEC stating that he is both Candidate in control of his campaign and that he has no role of any kind in the campaign.




That sounds about right.
 
2012-07-23 10:07:55 AM  
img716.imageshack.us
 
2012-07-23 10:08:04 AM  

js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close


THIS^^

a lot.
 
2012-07-23 10:08:45 AM  

Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.


Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.
 
2012-07-23 10:09:19 AM  
It's ok; I'm sure we'll be hearing from Reason shortly about the $4.5 million the Gingrich campaign still owes. Or Rick Santorum, who ended his campaign with $2.2 million in debt. Or Michele Bachmann, who has just over $1 million in debt.

Bonus: while reading that article, I found this nice piece of info: "Opened in 2003, the center pulled in $59 million over nine years from more than 300 companies, some of which paid as much as $200,000 in dues. Among its activities, the center and Gingrich helped push a mandate requiring everyone to carry health insurance. "
 
2012-07-23 10:10:37 AM  

js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close


js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close


js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close


js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close


js34603: /make sure you Farkers vote, even if you think the 'media' is what is making this election close

 
2012-07-23 10:11:20 AM  
cdn.tss.uproxx.com
 
2012-07-23 10:11:30 AM  

kyrg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.


It's that Liberal Media bias. Always going after the conservatives because the left owns the MSM Lamestream media.
 
2012-07-23 10:11:53 AM  

kyrg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.


What double standards? The media focused on Hilary debt when her campaign was over too.
 
2012-07-23 10:12:15 AM  

kyrg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.


Proportion of the debt to earning/fundraising potential. Plus, He's out of the race now. Who do you think pays that debt off? It ain't Gingrich.
 
2012-07-23 10:14:28 AM  
Should have done it like Bain Capital. Sold subscriptions to a fund/campaign then collected fees for running it, bankrupt the campaign and walk away with the cash.

//amirite?
 
2012-07-23 10:14:32 AM  
This is an outrage! Government and political campaigns should have balanced budgets - JUST LIKE MY HOUSEHOLD!

Now excuse me, I have to go write a check for my car payment.
 
2012-07-23 10:14:58 AM  
Obama has been building up a "war chest" for a while now, just because he earns X amount one month and spends more than that that month means nothing. He been earning more than that for months on end, if not years on end.

And frankly, with all the Romney tax related stuff, you strike while the iron is hot.
 
2012-07-23 10:15:02 AM  

kyrg: Bloody William: I didn't know campaigns had to have balanced budgets or be profitable. I thought it was pretty much a game of "Raise money, then spend all of it before the election to get your point across. It's not about creating a sustainable business.

Then why all the media hoopla after Gingrich left the race with a large debt? Double standard much?
Not a fan of the Newt, or double standards.


Obama is no longer a candidate?
 
2012-07-23 10:15:05 AM  
Practice? 0bama is an expert!

$5,000,000,000,000
 
2012-07-23 10:15:40 AM  
I paid cash for a new car in June. Should I be concerned that I spent 10x what I made in June?
 
Displayed 50 of 110 comments

First | « | 1 | 2 | 3 | » | Last | Show all

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
On Twitter





In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report