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Cain left with millions after withdrawing from presidential race
Washington Times ^ | Monday, December 5, 2011 | Luke Rosiak

Posted on 12/06/2011 8:18:22 AM PST by NoPrisoners

Mr. Cain raised more than $5 million through September. Information on the financial activity since that time won’t be disclosed until January, but the campaign said it raised $9 million over a few weeks alone.

The funds allowed Mr. Cain and associates to dine and travel in style, using $350,000 on private chartered air in a few weeks, spending thousands at hotels such as the Ritz-Carlton and the Four Seasons, and eating largely steak dinners, records show.

One of the campaign’s top recipients was T.H.E New Voice, a company set up to sell Mr. Cain’s books and motivational talks, which was paid $100,000.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Front Page News; Politics/Elections
KEYWORDS: assclownpost; bitches4gop; books4sale; burnthemedia; cain; caincampaign; caincash; cantstopwhining; contributions; democratmedia; democrats; dncmedia; enemedia; fascistmedia; gingrich; gopslimebots; liberalfascism; liberalmedia; liberals; mediabias; morons4newt; msm; nationalbooktour; newt; newtclowns; pac; postcain; racistmedia; superpac; whiners4newt; zotthisidiot
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1 posted on 12/06/2011 8:18:27 AM PST by NoPrisoners
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To: NoPrisoners

And the Hits just keep on coming!


2 posted on 12/06/2011 8:21:23 AM PST by Bloody Sam Roberts (Attacking Wall Street because you're jobless is like burning down Whole Foods because you're hungry.)
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To: NoPrisoners
I sent Herman money, but I have no problem with him keeping it.

He did everything he could to stay in the race.

And the Washington Times and the rest of the media did everything they could to drive him out.

Now they want to hold him to a standard to which they don't hold other failed candidates.

FUWT.

3 posted on 12/06/2011 8:21:48 AM PST by E. Pluribus Unum (Holding our flawed politicians to higher standards than the enemy’s politicians guarantees they win)
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To: NoPrisoners
I suppose the other campaigns are surviving on peanut butter & jelly and tuna fish sandwiches.
4 posted on 12/06/2011 8:22:14 AM PST by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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...and staying at motel 6


5 posted on 12/06/2011 8:23:35 AM PST by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: nuconvert

as if Obama and Michelle live a rough life!!


6 posted on 12/06/2011 8:23:58 AM PST by AmericanInTokyo
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To: NoPrisoners

Well, that’s how it works. He could return the money if he wants, but he certainly doesn’t have to.


7 posted on 12/06/2011 8:24:44 AM PST by Ramius (Personally, I'd give us one chance in three. More tea anyone?)
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To: E. Pluribus Unum

lol

me too, best $9.99 I ever spent :P

Good Luck Mr. Cain!

(oh and he can use that money to run for another office in the future, who knows we might see a Senator Cain someday :P )


8 posted on 12/06/2011 8:25:11 AM PST by TexasFreeper2009 (Newt Gingrich 2012!)
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To: NoPrisoners

So Cain was supposed to do what... drive a compact rental car and eat pizza everyday... stay at Motel 6?


9 posted on 12/06/2011 8:25:21 AM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: NoPrisoners

I do have a problem with these candidates keeping money after they drop out. I don’t know what the right solution would be, but I don’t like the tradition.


10 posted on 12/06/2011 8:25:29 AM PST by Hildy ("When the debate is lost, slander becomes the tool of the loser." - SocratesH)
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To: E. Pluribus Unum

I think political donations should be legally declared non refundable unless there is evidence that a campaign never intended to succeed. (which would be fraud anyway)

Its a little like betting on a horse with zero chance of financial return.


11 posted on 12/06/2011 8:26:52 AM PST by cripplecreek (Stand with courage or shut up and do as you're told.)
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To: NoPrisoners

There is not a national candidate on either side of the aisle that I would trust as far as I can throw them.

I’m going to vote Gingrich because he’s the best of a rotten bunch. But I would not trust Newt Gingrich to hold my lunch money.


12 posted on 12/06/2011 8:27:24 AM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: NoPrisoners
He needs to spend the money on exonerating himself
13 posted on 12/06/2011 8:27:29 AM PST by cookcounty (2012 choice: It's the Tea Party or the Slumber Party.)
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To: NoPrisoners

Under fed law, can he convert the campaign cash to personal use?


14 posted on 12/06/2011 8:27:43 AM PST by DownInFlames
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To: NoPrisoners
Returning the money or donating it would be a sure sign that he wasn't in it just for self-promotion.

Sure seems like it would be the right thing to do.

15 posted on 12/06/2011 8:28:41 AM PST by Siena Dreaming
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To: NoPrisoners

Every campaigning candidate pockets their campaign money when they quit. Sometimes they even quit before they actually start campaigning. I bet barney frank walked away with a chunk of campaign money.


16 posted on 12/06/2011 8:30:18 AM PST by mamelukesabre
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To: NoPrisoners

They talked about Obama being likely to raise 1 billion dollars. If he spends a couple hundred million on the campaign and banks the rest that would make a nice payday.


17 posted on 12/06/2011 8:30:18 AM PST by Lurkina.n.Learnin (The democratic party is the greatest cargo cult in history.)
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To: E. Pluribus Unum

I agree, This is just a Slimy Slummy shot at Cain once again.
I sure would like to know more about mr O using tax dollars to pay for his campaign! How much was that again? Let’s hear about how much he spends on dining out, clothes, etc...

Oh, and I remember these same slum bags making a deal about Sarah Palin going to Wal-mart..

Darn it! I am all angry and I haven’t had my first cup of coffee yet!


18 posted on 12/06/2011 8:30:18 AM PST by ConfidentConservative (I think, therefore I am conservative.)
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To: Hildy

Mr. Cain said Saturday he was withdrawing from the race and establishing an issue group called the Cain Solutions, indicating that the presidential campaign is likely to be converted into a political action committee or nonprofit that can pay for a website and other platforms for Mr. Cain’s ideas - as well as staff, meals and expenses.

There are few restrictions on what former candidates may do with remaining funds except that they may not pocket them directly.


19 posted on 12/06/2011 8:30:34 AM PST by thackney (life is fragile, handle with prayer)
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To: NoPrisoners
eating largely steak dinners, records show.

NOOOOO!!!! Not STEAK!!!!! HE IS EVVVVVVVVVVIIILLLLL!

20 posted on 12/06/2011 8:30:43 AM PST by montag813
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