Borrow & Spend Republicans stay true to form
Kevin Kamberg

Politico via Jeff Mapes:

The Politico said the RNC is being pressured to come up with the money because the National Republican Senatorial Committee is being outspent in targeted states by the Democratic Senatorial Campaign Committee. Sen. Gordon Smith, R-Ore., is one of those endangered incumbents, and the party caucus committees are spending heavily in the state.

So, apparently the RNC is considering borrowing against the future by tapping a $5 million line of credit to help make up the difference.

Mapes considers the open question of whether McCain is deemed unable to win and thus the RNC may do what they did in 1996 and divert funds from the presidential race to the Congressional races to be the real story here. Perhaps so. But in my mind the real story is the borrow & spend mentality of Republicans being reflected in yet another arena.

October 14, 2008 | Kevin Kamberg | Comments (6 so far)
Permalink: Borrow & Spend Republicans stay true to form

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Comments

Posted by: dufur dufus | Oct 14, 2008 10:18:07 AM

This post is stupid.

Yes, Kevin, Republicans are the first campaigners in history to take out a loan for a campaign.

I wonder, did they mortgage their houses like Merkley did?

Posted by: Kevin | Oct 14, 2008 10:37:45 AM

Taking out a loan isn't a bad thing... unless one has a track record, as the GOP has, of abusing credit.

At least this time they're only putting themselves into debt rather than taking the entire nation down with them.

Posted by: Glen HD28 | Oct 14, 2008 10:53:15 AM

I'll bet Jeff Merkley didn't borrow money and put it in a folder marked "lies, smears and unauthorized signatures fund"...

Posted by: genop | Oct 14, 2008 4:18:36 PM

You're wrong Kevin, the R's don't borrow and spend, they borrow and wallow in it with their cronies. The Dems meanwhile, threaten to blow it all on improving our collective lives. Damn them.

Posted by: MikeP | Oct 14, 2008 5:09:59 PM

William Timmons, the Washington lobbyist who John McCain has named to head his presidential transition team, aided an influence effort on behalf of Iraqi dictator Saddam Hussein to ease international sanctions against his regime.

http://www.huffingtonpost.com/2008/10/14/mccain-transition-chief-a_n_134595.html

Posted by: Chris Lowe | Oct 15, 2008 12:25:39 PM

You know, Mike, if efforts to ease the sanctions were the only point, it might actually be a slight improvement of McCain in my eyes, since those sanctions were so disastrously murderous of civilians and failed in their stated aims for the U.S. (fomenting rebellion and overthrow of Hussein).

While I guess there's a "hypocrisy" argument about McCain in there somewhere, it could just as well be argued that it reflects McCain taking a variety of advice.

The point you don't raise from the HuffPost item is that Timmons was acting in close concert with convicted "unregistered agents," who also were involved in a massive kickback scheme involving oil rights. It's the guy's corruption that's damning.

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