Elizabeth Warren’s Senate Campaign: a tsunami of red ink, “coffee and pizza” to blame

by Roxeanne De Luca | December 5th, 2012

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Elizabeth Warren's Senate Campaign: a tsunami of red ink, "coffee and pizza" to blame

From the “I can’t make this —– up” cat­e­gory comes this tid­bit from boston​.com: Eliz­a­beth War­ren, who raised more money than any Sen­a­tor, chal­lenger, House mem­ber, or chal­lenger, ended her cam­paign in debt.

n an e-​mail, the Har­vard Law pro­fes­sor — con­sid­ered one of the nation’s pre­em­i­nent schol­ars of Amer­i­can debt — asked for dona­tions to help her wash away the red ink.

War­ren did not say how much debt she needs to pay down, but blamed the short­fall in part on the thou­sands of vol­un­teers who flocked to her cam­paign, say­ing “that meant even more last-​minute cof­fee and pizza.”

One of the results of our embar­rass­ment of riches was, well I’ll come out and say it — we ended up with a lit­tle bit of debt,” War­ren wrote. “Every­one, we need a lit­tle more money to pay off our final bills. Can you help one more time?”

Empha­sis my own.

Cof­fee and pizza, folks, cof­fee and pizza. That was before the Oba­maCare taxes forced Papa Johns to up their prices, that will force Domino’s to post menus with 34 mil­lion dif­fer­ent pric­ing options on them. Heaven only knows how much more money her cam­paign would need if she were buy­ing snack food from com­pa­nies forced to com­ply with the poli­cies she supports.

Some peo­ple — like Mitt Rom­ney — can run a cam­paign on time and under bud­get. They are also able to run their per­sonal and busi­ness lives that way, and, in Romney’s case, the state of Massachusetts.

Maybe we ought to have a rule: if you out-​fundraise your oppo­nent, and you still wind up in the red, you don’t get to go to Wash­ing­ton. Do not pass Go, do not col­lect mil­lions of dollars.

Update (DaT­e­chGuy): They put a woman who with one of the rich­est cam­paigns in his­tory still man­aged to run a deficit on the Bank­ing com­mit­tee? What were all the seats on Bud­get full, doubt it after all Sen­ate Democ­rats don’t believe in Bud­gets do they?

From the “I can’t make this —– up” category comes this tidbit from boston.com: Elizabeth Warren, who raised more money than any Senator, challenger, House member, or challenger, ended her campaign in debt.

n an e-mail, the Harvard Law professor – considered one of the nation’s preeminent scholars of American debt – asked for donations to help her wash away the red ink.

Warren did not say how much debt she needs to pay down, but blamed the shortfall in part on the thousands of volunteers who flocked to her campaign, saying “that meant even more last-minute coffee and pizza.”

“One of the results of our embarrassment of riches was, well I’ll come out and say it – we ended up with a little bit of debt,” Warren wrote. “Everyone, we need a little more money to pay off our final bills. Can you help one more time?”

Emphasis my own.

Coffee and pizza, folks, coffee and pizza.  That was before the ObamaCare taxes forced Papa Johns to up their prices, that will force Domino’s to post menus with 34 million different pricing options on them.  Heaven only knows how much more money her campaign would need if she were buying snack food from companies forced to comply with the policies she supports.

Some people – like Mitt Romney – can run a campaign on time and under budget.  They are also able to run their personal and business lives that way, and, in Romney’s case, the state of Massachusetts.

Maybe we ought to have a rule: if you out-fundraise your opponent, and you still wind up in the red, you don’t get to go to Washington.  Do not pass Go, do not collect millions of dollars.

Update (DaTechGuy): They put a woman who with one of the richest campaigns in history still managed to run a deficit on the Banking committee? What were all the seats on Budget full, doubt it after all Senate Democrats don’t believe in Budgets do they?

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