Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Stacey Abrams: I'm running for governor and am $200,000 in debt
Yahoo Finance ^ | July 26, 2018 | Turner Cowles

Posted on 07/26/2018 8:34:23 AM PDT by Trump20162020

Stacey Abrams is running for governor in Georgia. She would be the first black woman to be elected governor of a state in American history if she were to win the election. But she faces some major roadblocks.

The office of governor was staunchly Democratic in Georgia until Sonny Perdue was elected in 2002. He was reelected in 2006 and was succeeded by another Republican, Gov. Nathan Deal, in 2010.

Abrams wrote an op-ed for Fortune in April, in which she argued her personal debt shouldn’t disqualify her from running for governor. She owes more than $227,000 in credit card debt, student loan debt and back taxes. She also owes $178,500 in real estate debt and $4,434 on a car loan (but since those are assets as well as a debt, we haven’t included it in our breakdown of what she owes).

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Politics/Elections; US: Georgia
KEYWORDS: abrams; debt; ga2018; staceyabrams
Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 last
To: Trump20162020

Notice how the Yahoo article just “accidentally” left off she was a demonRat in the beginning of the article.


41 posted on 07/26/2018 9:45:56 AM PDT by WKUHilltopper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Trump20162020

What a great example. A Governor with unpaid back taxes. Geeze!


42 posted on 07/26/2018 9:47:38 AM PDT by Kahuna
[ Post Reply | Private Reply | To 1 | View Replies]

To: Teacher317

Clinton Strategy here: Put all damaging information out there early and by yourself. 1) You prevent your opponent from exposing it in ads right before the election and 2) If she unloads her dirty laundry now, she can then say it’s old news, it’s in the past, let’s move on.

I don’t know if it will work though. I’d be shocked if Kemp loses this race.


43 posted on 07/26/2018 10:07:28 AM PDT by ZagFan
[ Post Reply | Private Reply | To 30 | View Replies]

To: Trump20162020; All

Stacey Abrams can not even manage a campaign budget properly without going into massive debt, but she wants voters to believe she can properly manage the State of Georgia budget?

Haha! S.M.H.


44 posted on 07/26/2018 10:11:18 AM PDT by Enlightened1
[ Post Reply | Private Reply | To 1 | View Replies]

To: Trump20162020

Call for wealthy Dems to pony up.


45 posted on 07/26/2018 10:20:33 AM PDT by jch10 (The FBI has done more damage in the 2016 election than the Russians)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Trump20162020

Since the Financial Market is always accused of “Red Lining” Minorities (especially Blacks), how did this Woman get so far in Debt in the first place?


46 posted on 07/26/2018 10:24:06 AM PDT by Kickass Conservative (THEY LIVE, and we're the only ones wearing the Sunglasses.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Trump20162020

On Drudge they have a pic of the Time Cover with her on it asking the question, can this Woman turn Georgia Blue?

Anyone know her FICO Score?


47 posted on 07/26/2018 10:26:17 AM PDT by Kickass Conservative (THEY LIVE, and we're the only ones wearing the Sunglasses.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ann Archy

Back taxes. How can you get away with owing the government money, then run for a government post???? What a place we have become!!!!


48 posted on 07/26/2018 10:28:05 AM PDT by MGunny
[ Post Reply | Private Reply | To 12 | View Replies]

To: Enlightened1

Is this personal debt, campaign debt, or both?

I got the impression it was personal debt. FEC reports are not required for state office, so it’s not clear what money is in her campaign. This could be an ideal way of paying off her debts.


49 posted on 07/26/2018 3:53:21 PM PDT by scrabblehack
[ Post Reply | Private Reply | To 44 | View Replies]

To: scrabblehack

I think that is campaign debt.


50 posted on 07/26/2018 3:59:54 PM PDT by Enlightened1
[ Post Reply | Private Reply | To 49 | View Replies]

To: Enlightened1

As they said in The Producers, “Never put your own money in the show.”

I checked a few years ago and there were about 1600 candidates for Congress that filed FEC reports. I think that was US House, but maybe it was both. Well, there were 435 or 469 successful ones, and very few were self-funded.

Interestingly about 25% of Broadway shows make money.


51 posted on 07/26/2018 4:21:13 PM PDT by scrabblehack
[ Post Reply | Private Reply | To 50 | View Replies]

To: Trump20162020

Well, I think it is expected for donor funds to repay the money?


52 posted on 07/26/2018 4:48:02 PM PDT by Morpheus2009
[ Post Reply | Private Reply | To 1 | View Replies]

To: rockrr
"...she’ll more than make that up once she’s elected..."

Like skeletons in the closet, sizeable debt makes a politician vulnerable to bribery, extortion or blackmail.

53 posted on 11/02/2018 9:38:44 AM PDT by Baynative ( "If you don't have a seat at the table, you're on the menu.")
[ Post Reply | Private Reply | To 4 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson