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Why Is John Edwards Still Spending Campaign Money?

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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:25 PM
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Why Is John Edwards Still Spending Campaign Money?

Holly Bailey
A federal grand jury is reportedly winding down its investigation into whether former senator John Edwards broke any laws when his political committees made payments to his former mistress, Rielle Hunter. But heres a random question: why is Edwards, who quit the 2008 Democratic primary almost two years ago, still spending money from his presidential fund-raising accounts? Since January, the John Edwards for President committee along with a separate account, Edwards for President, have spent more than $625,000, according to reports filed with the Federal Election Commission. Thats not much compared to compared to usual Washington standards (A House race, on average, costs $1 million these days). But its a significant amount of money when you consider that Edwards hasnt actively been in the political spotlight for more than a year. He hasnt been making political appearances on his own or on behalf of other Democrats since August 2008 when he publicly fessed up to an affair with Hunter after months of public denials. So what is he up to?

Edwards had two committees─one, the Edwards for President committee, dates back to his 2004 run, and lists $333,586 in debts from that race, including $65,000 owed to Obama adviser David Axelrod, who worked for Edwards back then. According to FEC reports filed this year, the 2004 committee listed no major receipts or expenditures─just debts. That's not the case with Edwards's other committee, John Edwards for President, which was set up for his 2008 race. It began the year debt-free, but it's still spending money on stuff like staff salaries ($72,000), office supplies and other random costs, including Lexis-Nexis searches ($1,315), Web hosting ($20,645) and cell-phone bills ($10,960). In May, the committee reported spending nearly $5,000 in moving expenses. And that's not all: according to FEC reports, the 2008 committee has spent more than $22,000 in travel costs since January, including $3,800 in stays at the Tabard Inn hotel in Washington last winter. The reports do not list who traveled or why. An Edwards spokesperson did not return calls seeking comment.

Its not unusual for a former presidential candidates FEC committee to remain in business long after a candidate has quit the race. Ronald Reagans presidential campaign was still registered as an active committee when the former president died in 2004, but it hadnt listed any major debts or receipts in years. Presumably, Edwards's committees are around, in part, to wrap up final business but some of its payouts are a little unusual for a guy whose personal dramas have presumably put his political career at risk. No doubt some of the committee funds have gone to costs related to the ongoing grand jury investigation into Edwardss campaign spending. According to filings, Edwards has paid almost $200,000 to the D.C. law firm Utrecht & Phillips this yearmost of the money paid out beginning this spring when the grand jury probe began. Luckily for Edwards, there's more money where that came from. According to the FEC, his two committees ended August with more than $3.7 million in the bank.

http://blog.newsweek.com/blogs/thegaggle/archive/2009/0...
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Nuclear Unicorn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:27 PM
Response to Original message
1. You would think...
...the hole couldn't get much deeper.

Either he is very stupid or he's not much or a lawyer or there might be going on than the article reports (don't ask me what, I'm just tossing out a presumption of innocence for the sake of completeness).
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:33 PM
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2. Don't know, don't care. He's out of politics and doing his own thing.
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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:39 PM
Response to Reply #2
4. If he is out of politics, why is his campaign spending so much money?
:shrug:
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 04:40 PM
Response to Reply #4
7. Beats hell out of me. That's one for the people of NC to ponder.
He's off my radar and out of my heart.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-23-09 11:20 PM
Response to Reply #4
9. Seems you only have questions about Democrats Freeper Freddie. nt
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:35 PM
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3. Why are multi-millionaires always the cheapest people?
He can afford to pay for these things out of his pocket change.
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Spike89 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 03:44 PM
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5. Don't really know, but where's the real reporting here?
I'm assuming some of the stuff is pretty common, i.e., leasing offices for a year might be cheaper than by the month and the leases were in effect long after the campaign ended. The Ronald Raygun info was interesting, but only really shored up the glaring lack of a true comparison. Has Hilary's campaign continued spending, how about Kucinich, Romney, et. al? Those would be more appropriate than a bit about Raygun's 8-year dormant committee.
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dugaresa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 04:07 PM
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6. i know a guy who is still paying for a failed congressional campaign almost 8 years later
he was convinced that he could rise from out of no where and unseat an incumbent jerk. Sadly he couldn't although in retrospect he wasn't really fit for the job.

Today he is still paying off the equity loan he took to do that.

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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-22-09 05:11 PM
Response to Original message
8. Could be bills arriving very late
or charges to produce and create reports used in the audit which likely ended early this year.
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