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Tell me how Edwards can afford be the nominee financially.

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liberalnurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 09:31 AM
Original message
Tell me how Edwards can afford be the nominee financially.
Edwards has opted to take matching funds.....which restricts him to a $45 million ceiling. Does that amount change after the Primaries and a nominee is selected? If so, how much will go to the kitty?

Remember, *bush will have 200 million on a bad day.


How is this going to evolve? I would like to learn more about this maze.
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liberalnurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:04 AM
Response to Original message
1. No replies?????
Oh my, is this a signal of bad news? Please someone provide a cheerful and positive post on the issue.......

It must be possible or Edwards would of dropped out by now.........
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KC21304 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:11 AM
Response to Original message
2. After nomination it is a new ball game. But he would be at a
Edited on Fri Feb-20-04 10:13 AM by Kerryfan
disadvantage from the time nomination is locked up until the convention. Bush is already letting loose, and if Edwards would lock up early he would be a sitting duck until after the convention. Less so for Kerry but he still will be at a disadvantage.
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liberalnurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:21 AM
Response to Reply #2
4. So....money is a major problem
for either one........kerry opted out of campaign finance but Edwards did not. That give *bush a 2-legged advantage:

knowledge of a financial ceiling with Edwards

*bush already has more than Edwards could raise and it's Feburary....

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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:20 AM
Response to Original message
3. Edwards is such a compelling figure, he'll get a ton of attention which is
free.

I'm not worried. He won't need to buy his way into people's minds, and he'll get more bang for his buch with the limited dollars.
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liberalnurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 10:23 AM
Response to Reply #3
5. This approach is a bit risky........
the blind trust method......I think he needs another strategic asset right now.
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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:26 AM
Response to Reply #5
8. Where'd you get "blind trust"? This is Story Telling 101. This is why...
...people will spend hours reading a book, or will sit in front of a TV or movie screen for hours: compelling narrative.

This is how people make sense of the world. They reduce complex ideas down to stories, whether they're book length, movie length, or a paragraph long.

This is what Edwards does so well, and the others, including Bush do much less well.

Look at the pictures in my sig. Those two PICTURES (no words!) tell a powerful story.

Tell me what you see in those pictures? You could probably write a short story about what you see in those pictures.

There's nothing blind about that.
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:48 AM
Response to Reply #8
11. I see a HS football player and an Andover cheerleader. This tells us zip.
We loathe Dubya because of his complete failure as a president who lied to the American people and the world and took us to an unnecessary war and who is bankrupting the US treasury with his tax giveaways to the wealthy among us.

Edward's record in the Senate is that of a centrist Democrat who is now running a populist campaign for the Democratic nomination whose record in the Senate is hardly populist.
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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:55 AM
Response to Reply #11
12. It tells a story about privilege, about work ethic, and about who has
really experienced American life, and it's simply two pictures placed next to each other.

This obviously isn't his entire campaign, but it was incredibly easy to tell this story in a very simple, inexpensive manner.

Edwards's record in the Sentate, by the way, is as the person who has voted against Bush the MOST of any senator, and who has voted against the other senator from his state (a Republican) the SECOND MOST of any pair of senators.

That's not the record of a centrist.

And the reason he has had a more anti-Bush voting record than even Feingold is because he isn't driven by corporate interests, too which even Dems are beholden in many circumstances. Ie, he's the definition of 'populist.' There's nothing phony about his populism, which, incidentally, is part of the story that even thise two pictures below tell.

Phony is an Andover Cheerleader son of a millionaire who pretends to be a cowboy. Authenticity is a guy who grew up with almost nothing and became a senator based on the idea that, in America, everyone should be able to reap the full value of their labor and achieve as much as they're willing to work for.
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SangamonTaylor Donating Member (537 posts) Send PM | Profile | Ignore Fri Feb-20-04 10:34 AM
Response to Original message
6. Edwards can opt out of public financing after the nomination
Edited on Fri Feb-20-04 11:27 AM by SangamonTaylor
I'm not worrying about financing considering that Edwards raised over $300,000 in the 24 hours following Wisconsin (30% of that from new donors), plus when March rolls around Edwards will be receiving the months worth of matching funds.

Remember, for every dollar that Edwards raises, the gets that dollar matched.
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liberalnurse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:23 AM
Response to Reply #6
7. That is really good news!
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democratreformed Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:30 AM
Response to Reply #6
9. So are the matching funds coffers replenished now?
I haven't heard much about it since I heard it was broke and they were paying 67 cents on the dollar there for a while.
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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-20-04 11:32 AM
Response to Reply #9
10. I suspect that was bullshit to hurt Edwards. Now that he survived that
hurdle, the Feds are probably just going to give him the money.
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