Posted on 10/20/2012 6:13:57 AM PDT by sunmars
Very interesting. Has any campaign ever been noted to take a loan out before?
They should charge him what the loan sharks charge: 50:50 and use his body as collateral!
...or the Obama campaign staffers are so monumentally gullible ("Hope and Change" or "Obamaphone") that they keep getting bilked of the incoming -- possibly fraudulent, as the security codes on the credit cards are not used -- money, most likely by Nigerian email scammers.
(Vanity, Satire) Barack Obama's latest fundraising letter
Cheers!
Great so my house payment is helping to prop up Obama’s campaign.
Anything to do with the DNC’s 14+ million debt?
This sounds like a predatory loan. To bad we are the prey.
It’s possible they spent or committed their entire war chest and has some areas they still wanted to blanket.
They’ve been spending like crazy here in Ohio.
I’ve not seen an ad for either candidate in a few days, but I’ve not been near the TV that much since the debate Tuesday night. I’ve seen a bit of news, mostly fox news, so I doubt they’re putting too much money on that network with undecideds breaking toward Romney now.
$15million penalty for breech of contract? Could have been written into the original contract.
Because he’s got a higher rate on his deposits elsewhere, so it makes money to borrow it at the lower rate.
Leni
POS Campaign: Let us “borrow” $15 million.
BOA: What do you have as collateral?
POS Campaign: Some of the DOJ investigations will go away.
BOA: What DOJ investigations?
POS Campaign: Exactly.
none of this makes sense .. maybe they need a bridge loan while waiting for the donations’ conversion to US$ ?
You can’t even make this stuff up!
Will they stiff BOA like they stiffed Chicago?
And why exactly does anyone bank with Bank of America?? This should be a wakeup call for all true Americans to close All accounts at BofA. it only takes less than 10% of depositors to close their accounts to send ANY BANK into receivership.
BOA dropped McMillan firearms as a client for “political reasons”.
BOA was also the one giving illegals bank accounts, if my memory serves.
Anyway, dropping a good client like that for no rational reason is exactly how the Nazis treated Jews right before the hardcore things like kristallnacht began.
Bank of America announced a plan that would lay off 16,000 workers by the end of the year.
The bank contributed $20 million toward the cost of the Democrat National Convention earlier this year.
That wasted $20 million could've covered 500 or so full-time jobs for the bank for a year.
Looks like Hillary wanted cash, upfront.
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