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

Skip to comments.

Pa. governor candidate Scott Wagner invested his campaign donations and draws questions
York Daily Record ^

Posted on 09/30/2018 2:08:02 PM PDT by ameribbean expat

The Republican nominee for Pennsylvania governor invested more than $600,000 of his campaign donation into a brokerage account.

The amount shows up as a $631,050 loss on his latest campaign finance report, but Wagner has gained more than $840,000 throughout his rare investment practice during the 2018 election cycle.

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


TOPICS: Politics/Elections; US: Pennsylvania
KEYWORDS: pa2018; pagovernor; pagovernorelection; paping; scottwagner
Navigation: use the links below to view more comments.
first 1-2021-22 next last
Unreal.
1 posted on 09/30/2018 2:08:02 PM PDT by ameribbean expat
[ Post Reply | Private Reply | View Replies]

To: ameribbean expat

Trump’s fault.


2 posted on 09/30/2018 2:10:51 PM PDT by Paladin2
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

$200,000+ gains in less than a year? Roughly 30%. Not bad I would say.


3 posted on 09/30/2018 2:12:02 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

Risky, but more power to him for making some money. Is this somehow illegal?


4 posted on 09/30/2018 2:14:06 PM PDT by farming pharmer
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat
“How can Pennsylvanians trust Scott Wagner with a state budget if his own donors can’t trust him not to lose hundreds of thousands of their own money?” said Beth Melena, communications director for Tom Wolf for Governor

It's not "their own money" after they have given it to the candidates campaign. Not saying it was a good idea, just that facts matter.

5 posted on 09/30/2018 2:14:45 PM PDT by Wally_Kalbacken
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paladin2

Wagner is going to be crushed.... there is no support in PA for him or the R senator...

Wolf and Casey will handily be re elected...


6 posted on 09/30/2018 2:15:01 PM PDT by HamiltonJay
[ Post Reply | Private Reply | To 2 | View Replies]

To: HamiltonJay

Little Casey is always fortunate in his opponents. It’s better to be lucky than good. Casey is an idiot and a moral-midget.


7 posted on 09/30/2018 2:17:38 PM PDT by Tallguy
[ Post Reply | Private Reply | To 6 | View Replies]

To: HamiltonJay

Wolf is an absolute first class jackass the way he runs the state.


8 posted on 09/30/2018 2:22:45 PM PDT by tired&retired (Blessings)
[ Post Reply | Private Reply | To 6 | View Replies]

To: ameribbean expat

If it’s under his campaign’s name and not his, I don’t see a problem. Do Dim’s get exercised about their funds getting interest in their camaign’s bank accounts?


9 posted on 09/30/2018 2:25:58 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

“...The investment practice is risky and unusual in state politics, but not illegal, according to the Post-Gazette report....”
****************************************
Whoever wrote the linked article is either an ignorant idiot or a leftist Agendanista ... or BOTH! This Republican candidate, who is a self-made multi-millionaire actually made an $840,000 gain for the campaign funds that HE CONTRIBUTED to HIS CAMPAIGN FROM HIS PERSONAL FUNDS. It’s perfectly legal and SMART. The writer attempts to mislead the reader by referencing various legally required accounting LEDGER ENTRIES to make it appear that he lost money for his campaign.

Scott Wagner can become Pennsylvania’s version of Donald Trump. HE WILL MAKE A GREAT GOVERNOR.


10 posted on 09/30/2018 2:30:11 PM PDT by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

Still no one can invest like Hillary and cattle futures.

Nearly a 1000% rate of return.


11 posted on 09/30/2018 2:31:34 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

Is it a paper gain only. That’s what it sounds like.


12 posted on 09/30/2018 2:35:52 PM PDT by Sacajaweau
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

More disclosure than Hillary’s deal with Red Bone.

Better yet this one is legal. /s


13 posted on 09/30/2018 2:42:42 PM PDT by ptsal
[ Post Reply | Private Reply | To 1 | View Replies]

To: House Atreides

If the guy can make money like that, people should line up to vote for him.

He’ll make them and their state rich.


14 posted on 09/30/2018 2:43:52 PM PDT by Regulator
[ Post Reply | Private Reply | To 10 | View Replies]

To: tired&retired

True but he’s going to be re-elected solidly... as will Casey.

There is nothing going on on the ground here in PA to indicate either of these races will be close.

The Kavanaugh crap may make the losses less embarrassing, but there is no win for the GOP in these races.


15 posted on 09/30/2018 3:12:49 PM PDT by HamiltonJay
[ Post Reply | Private Reply | To 8 | View Replies]

To: Regulator

LOL....that’ll probably be his next ad :-)


16 posted on 09/30/2018 3:14:30 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Sacajaweau

Is it a paper gain only. That’s what it sounds like.
*******I*******************************
No, it’s an ACTUAL net gain of $840,000. The writer was in “baffle them with bullshit” mode to confuse and/or mislead the Pennsylvania voters and attempt to make Scott Wagner look bad.


17 posted on 09/30/2018 3:28:32 PM PDT by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
[ Post Reply | Private Reply | To 12 | View Replies]

To: House Atreides
From the article:

Throughout his campaign, Wagner has invested more than $2.9 million. He's reported more than $2 million in losses, resulting in a net gain of about $840,000, according to a Pittsburgh Post-Gazette analysis.

The stupid...it burns. Possibly the worst reporting I have read.

18 posted on 09/30/2018 4:08:56 PM PDT by jdsteel (Americans are Dreamers too!!)
[ Post Reply | Private Reply | To 10 | View Replies]

To: HamiltonJay

The Pennsylvania GOP has been corrupt and incompetent for as long as I can remember. Of course they are exceeded in both activities by the Pennsylvania Rat party. The Pennsylvania legislature has been striving for New York State legislature levels of corruption for decades.


19 posted on 09/30/2018 4:43:36 PM PDT by Reily
[ Post Reply | Private Reply | To 15 | View Replies]

To: Reily

Wagner just seems like a dead fish.. his campaign does anyway... 5 weeks from Election Day and rarely do you even see or hear his name.

The Senate candidate seems reasonable enough, but same thing barely see anything for him. An ad here and there but not much.

No chance of unseating an incumbent with major name recognition, even if he’s about as boring as watching paint dry... I do want to see how polling in places like PA, Wi and MI look after this past week of chaos... because they will be good indicators of baseline changes due to th Kavanaugh nonsense. Won’t change the D’s winning those elections, but unlike the close races there is less incentive to fudge the numbers to make things appear closer than they are.

If the polls in those states show reasonable movement 3-4 points in the Republicans favore, pretty much means all the red state Dems are done.. Manchin is probably the only one who may survive.


20 posted on 09/30/2018 5:11:37 PM PDT by HamiltonJay
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-22 next 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