REPORT REVEALS OBAMA CAMPAIGN BORROWED $15 MILLION FROM BANK OF AMERICA

[D.A.]

The Obama campaign’s monthly FEC report for October has revealed that Obama for America took out a $15 million loan from Bank of America back in September.  Due to be paid back on November 14– just eight days after the election– the report says the campaign will be paying a 2.5% interest rate plus the current Libor rate.

http://www.theblaze.com/stories/report-reveals-obama-campaign-borro...

[Jodi180]

I really don't know what this means.  Is Barry out of a billion or does Bank of America owe him?

Weird story.

[Jerseygal]

I had the same questions, Jodi, and I was reading the comments, and one included this link, which may or may not answer questions.  http://www.charlotteobserver.com/2012/10/18/3603482/dnc-host-commit...

In any event, it IS interesting!

[Jodi180]

Well, the link may tell the behind-the-scene story.  Not going so well for the Dems?

But this...."For the first time, the Democratic Party imposed restrictions on where the money could come from, barring cash contributions from corporations and lobbyists."...doesn't make any sense.

But then what about their campaign does?

Read more here: http://www.charlotteobserver.com/2012/10/18/3603482/dnc-host-commit...

[RNhunter]

I think the answer is "Anything Goes" - and here are the changed lyrics ..

(Apologies to Cole Porter)

In olden days a glimpse of cheating

Was looked upon as so defeating...

But Now, God Knows ...

Anything Goes

[Jodi180]

Man...no kidding. 

[MR2]

Probably to pay for this:

Pot Prizes May Have Lured More Eagle Rock Residents To Vote http://losangeles.cbslocal.com/2012/10/19/pot-pri...
Fliers offering $40 worth of free medical-grade marijuana were reportedly passed out in Eagle Rock (suburb of Los Angeles) to try and draw residents to vote in the local election.