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Gingrich campaign over $1M in debt

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RandySF Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-11 11:03 PM
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Gingrich campaign over $1M in debt
ATLANTA (AP) — Newt Gingrich's presidential campaign is more than $1 million in debt, according to his campaign disclosure provided to The Associated Press on Friday.

The former House speaker's campaign raised $2.1 million since he got into the race earlier this year. But he spent $1.8 million.

Gingrich said he has $322,222 cash on hand.

Gingrich, however, listed $1.03 million in debt, almost half of that for private air travel. The Republican owes $451,946 to Washington, D.C.-based Moby Dick Airways and more than $100,000 for legal fees.


http://www.timesunion.com/news/article/Gingrich-campaign-over-1M-in-debt-1467892.php#ixzz1SEnJYi6d
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PoliticAverse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-11 11:11 PM
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1. What a Moby Dick. n/t
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Ragnarok Donating Member (133 posts) Send PM | Profile | Ignore Fri Jul-15-11 11:16 PM
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2. Good Lord, is this...
...joker still even running? I honestly thought he had quit. What a joke.
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-11 11:20 PM
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3. The better to teach us about *fiscal responsibilty*, my Dear!
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bluestate10 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-11 11:22 PM
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4. And he thinks that he can manage the nation's finances? nt
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WorseBeforeBetter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-11 11:26 PM
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5. Maybe he can hawk some of Callista's jewelry to get back in the black. (n/t)
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