Monday, April 16, 2012

Schmidt campaign finance report is, like her campaign, unbelieveable

Late last night, Jean Schmidt filed her post-primary campaign finance report.  We got a few good chuckles out of it.  

You can read it here.

Highlights include:
  • Schmidt spent a whopping $633,976 in the 18-month cycle from the 2010 election to today to lose her seat by six points.
  • She ended the cycle with only $3,867 in the bank, but she paid herself back old loans in the amount of $40,000.  (That's on top of the $50,000 she paid herself since the first of the year.)
  • In the closing days of the campaign, she received $49,359 in campaign contributions, including $28,146 from PACs and $21,213 from individuals.  It looks like most of the PAC contributions dealt with committees on which she served, such as the Agricultural Committee (Poultry PAC, Pork PAC,  Soybean PAC, United Egg PAC, and on and on and on! -- can you say "currying favor"?).  This woman has no shame!
  • She finally started paying her own legal bills, paying a little over $1,000 to Chester, Wilcox & Saxbe.
  • She dropped $66,000 on T.V. ads and more than $33,000 for campaign mailings in the closing days of the campaign (seems like she finally knew she was in trouble).
  • She spent $15,500 for a poll in February.  We think she should ask for her money back on that one!
In all, Jean Schmidt spent $17.14 per vote she received in the primary election.  That compares to only $7.64 per vote that Lt. Col. Dr. Brad Wenstrup expended ($322,000). 

Some other tidbits:
  1. Schmidt took in $49,359.85 between February 16 and the March 6 election; and $0 after the election (sounds like fundraising for that legal expense fund might be slim pickin's). 
  2. For the second straight quarter, Wenstrup out-raised Schmidt among individual contributors – even in just the period before the primary.

We just can't get enough of this story -- and there's more to come!

No comments:

Post a Comment

We follow the "living room" rule. Exhibit the same courtesy you would show guests in your home.