Per sources close to Herman Cain, the former contender is not in New York, will not appear at Newt Gingrich’s Big Apple press conference, and will not make any endorsement at all today.
It will be interesting, would a proven Private Sector CEO, really endorse a tired Beltway Politician who took us all for 1.8 Million via Fannie and Freddie?
Will the Man With Three Wives be endorsed by the Man With a Million Girlfriends? And will that endorsement finally clinch the socially conservative vote for him? Stay tuned!
I feel most sorry for the editorial staff of the Onion. Reality has now intruded so massively on their domain, I really don't know what they can find to spoof any more.
I know you seem to be stuck on these labels (although it is nice to see you throw in "Beltway Politician" instead of "Beltway Insider" for a change), but most of us are more concert with political ideology and behavior than labels.
I think if he endorses, that may mean his campaign is legally over and he would be required to give back unused campaign contributions. As long as the campaign is only suspended, I think his contributions can remain in limbo.
I did like Cain, but his endorsement will not carry much weight with me.
You might be on to something about Cain not being able to legally endorse someone; perhaps the FEC would take that as an acknowledgement that Cain is officially ending his campaign rather than suspending. It would be interesting to hear from an election law attorney.
But, even if he officially ends his campaign, he still enjoys the prerogative of keeping those campaign funds, he can just no longer raise/accept new funds into that campaign. That would be problematic for Cain because I'm betting he's either in the red, or close to being in the red.
If he's lucky enough to have money leftover, he can keep what's there for a future campaign, donate it to charity or another candidate, or roll it over to a PAC, or return it to his contributors. All would be legal within the current law.
What is clear is that even if he endorses a candidate and officially ends his campaign, he can still have his campaign debt retired (probably by the candidate that he endorses). That's usually how that game is played: I'll endorse you, if you promise to retire my debt when this is all over.
If Cain cares a whit for his followers, he won't suggest they support a guy who has even more skeletons in his closet than Cain does. The other shoe is about to drop for Gingrich... And I doubt Cain wants to put his people through that again.
I hope it's because he's too busy signing donor refund checks to talk.
Reply to this commentLinkReport AbuseMark Block must still be on the payroll.
Reply to this commentLinkReport AbuseIs a Cain endorsement an asset or a liability at this point?
Reply to this commentLinkReport AbuseGood question. Could be a little of both. However, if he endorses Newt it would definitely qualify as a punchline to a million yet unwritten jokes...
Reply to this commentLinkReport AbuseWhat a shock, the fashion got it wrong again?
It will be interesting, would a proven Private Sector CEO, really endorse a tired Beltway Politician who took us all for 1.8 Million via Fannie and Freddie?
That will be surprising for certain...
Reply to this commentLinkReport AbuseWill the Man With Three Wives be endorsed by the Man With a Million Girlfriends? And will that endorsement finally clinch the socially conservative vote for him? Stay tuned!
I feel most sorry for the editorial staff of the Onion. Reality has now intruded so massively on their domain, I really don't know what they can find to spoof any more.
Reply to this commentLinkReport AbuseHe does --nor did he--have a million girlfriends!!!
Petty comment by you. Tell me who you support, my dear, and I will work 24 hrs a day against him!!
Reply to this commentLinkReport AbuseI know you seem to be stuck on these labels (although it is nice to see you throw in "Beltway Politician" instead of "Beltway Insider" for a change), but most of us are more concert with political ideology and behavior than labels.
Reply to this commentLinkReport AbuseI'm annoyed with Cain for running for President. He wasn't prepared, didn't take it seriously, and wasted everyone's valuable time.
Reply to this commentLinkReport AbuseI think if he endorses, that may mean his campaign is legally over and he would be required to give back unused campaign contributions. As long as the campaign is only suspended, I think his contributions can remain in limbo.
I did like Cain, but his endorsement will not carry much weight with me.
Reply to this commentLinkReport AbuseYou might be on to something about Cain not being able to legally endorse someone; perhaps the FEC would take that as an acknowledgement that Cain is officially ending his campaign rather than suspending. It would be interesting to hear from an election law attorney.
But, even if he officially ends his campaign, he still enjoys the prerogative of keeping those campaign funds, he can just no longer raise/accept new funds into that campaign. That would be problematic for Cain because I'm betting he's either in the red, or close to being in the red.
If he's lucky enough to have money leftover, he can keep what's there for a future campaign, donate it to charity or another candidate, or roll it over to a PAC, or return it to his contributors. All would be legal within the current law.
What is clear is that even if he endorses a candidate and officially ends his campaign, he can still have his campaign debt retired (probably by the candidate that he endorses). That's usually how that game is played: I'll endorse you, if you promise to retire my debt when this is all over.
Reply to this commentLinkReport AbuseIf Cain cares a whit for his followers, he won't suggest they support a guy who has even more skeletons in his closet than Cain does. The other shoe is about to drop for Gingrich... And I doubt Cain wants to put his people through that again.
Reply to this commentLinkReport AbuseFamily values conservatives don't need to wait for Herman Cain to tell them to vote for Dr. Newt Gingrich.
Gingrich-Lewinsky in 2012!
Reply to this commentLinkReport Abuse