Delaware Liberal

Mr. McCain-Feingold Campaign Financing himself

I can’t think of a better example of how fucking hypocritical this piece of shit is than this.

As The Washington Post reported on Saturday, John McCain’s campaign struck a canny deal with a bank in December. If his campaign tanked, public funds would be there to bail him out. But if he emerged as the nominee, there’d be no need for public financing, since the contributions would come flowing.

Pretty sweet huh?

basically:

What we know is that McCain found a way to use the public funds as an insurance policy: If he did poorly, he would use public funds to pay off his loans. If he did well, he would have the advantage of unlimited spending.

Awesome! Basically, he borrowed money from a bank in Maryland (only $5mil) and said that he will pay it back with his public financing if his campaign tanks. Only a Maverick can think of things like that!

Exit mobile version