Remember when the RNC said they had millions to spend

[INdemo]

on negative ads..Well that turned out to be nothing but propaganda..As it turns out I believe the Democrats were in much better shape financially heading down the home stretch.When the RNCC started to shift their funds around and leaving some Repukes candidates to fend for themselves, this pretty much told us the real story.I listened to an interview by a losing candidate yesterday and he was crying about how the RNCC had abandoned him leaving him with 45k credit card debt..

[rodeodance]

1. the DNC borrowed money toward the end also.

[Mayberry Machiavelli]

3. I don't understand why a bank would loan campaign money. How would they

have any assurances of ever getting it back?

What's the collateral, the U.S. Capitol? :shrug:

[soup]

2. If nothing else, it bought FL a new governor.

Thanks to teach1st for posting this article in the Florida forum -

Even gecko outshone by Crist's green
St. Petersburg Times, 11/11

Did Charlie Crist win the 2006 election for governor? Or did he buy it?

Of all the numbers from the campaign, none is as staggering in its scope as the $40-million raised by the Republican Party in September and October.

Six-figure checks, day after day, from Disney, Princess Tours, Clear Channel Outdoor, Palm Beach Kennel Club and U.S. Sugar, to name a few, all to help in the first mass marketing of a Florida governor.

That $40-million, which was also spent helping other Republican candidates, is on top of the $20-million Crist raised in hard-dollar amounts of $500 or less, plus tax money from the public financing program.
>snip<

A study by Nielsen Monitor-Plus found that from Aug. 1 to Oct. 15, Crist aired 21,214 ads, more than any other politician in America.
>more:
http://www.sptimes.com/2006/11/11/State/Even_gecko_outshone_b.shtml

[Mayberry Machiavelli]

4. I suspect the problem is they had to contend in so many races that they

assumed "safe" before the election, where they had planned to pour tons of money into a focused group of "close" races.

[niceypoo]

5. Now the predatory credit companies will own his ass...

...then, when he can no longer pay them their loanshark payments, he wont be able to file for bankruptcy...