Keyes 2008 = Creative Accounting?

LewRockwell.com noticed something very interesting about Alan Keyes’ financial reports. It seems he is lumping this campaign in with his past bids and combining the debts somehow. I don’t know enough about how this works, but it sounds quite alarming. This is absolutely something those inside the Constitution Party should be very concerned about if Alan Keyes decides to leave the GOP and seek the CP’s nomination.

Here’s the item...

If you have been wondering why Alan Keyes is running for President, I have found the key.

In his latest report to the Federal Elections Commission, Keyes has filed five previous committeees alongside his current one. These five committees go back to 1994 and cover his 1996 and 2000 runs for President and his 2004 Illinois Senate campaign. Among these five committees, he owes a total of (drumroll please)...

$521,943!

Keyes is well-known for paying his personal bills with campaign coffers, and he has defended his making a living off running for office. I wonder if his current contributors know that they are paying off Keyes’ bills from over a decade ago.

10 Responses to “Keyes 2008 = Creative Accounting?”

  1. Cody Quirk Says:

    Thanks for the heads up.

    Guess we Constitutionalists now have a VERY good excuse to NOT nominate him!

  2. Austin Cassidy Says:

    At the very minimum, demand that the accounts be seperated and that all money raised during this bid be spent on campaigning and not on settling up debts from past years.

  3. Trent Hill Says:

    Austin,

    I know in 2000 when he rumored he would leave the Republican party (If Bush didn’t pick a pro-life VP), he said he would not seek the Presidential ticket—and would probably just help out.

  4. Volunteer Voters » Professional Candidate Says:

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  5. david Says:

    this is what I have been warning everyone about - Alan Keyes has no principals and no convictions he is simply a profiteer - making a living off his speaking and campaigning for office. He would distroy the constitution party if he become involved with it and is not fit to be elected dog catcher much less any of higher importance

  6. Jackcjackson Says:

    When he ran for US Senate in MD, he was on the payroll. And after every GOP run for POTUS, he increases his speaking fees, gets a cable show,etc

  7. Greg Thumm Says:

    I doubt that it would be legal for Alan Keyes to just ignore his past campaign negative balances any more than if he had a large surpluses left over.

    Frankly, I think that it is refreshing to see some one that struggles with fundraising as opposed to the two-party candidates who would just have an unknown lobbyist sugar-daddy wipe out the debt as soon as the election is over.

  8. G.E. Smith Says:

    Greg - No. Campaigns are separate entities. That’s like starting a new corporation and having to pay off the old corporation’s debts. You were just 1 of 1000 shareholders, and a campaign, despite its head, is not a one-man/woman entity.

  9. citizen1 Says:

    GE, if campaigns are separate entities why can Hillary move it was either eight or ten million dollars from her senate campaign to her presidential campaign. It is no less ethical to more the debt than the surplus. Either way people have the right to know and make an informed decision.

  10. G.E. Smith Says:

    Campaigns are separate, but campaigns can contribute to other campaigns. That’s why Ted Kennedy continues to raise money even though he has no chance of being defeated—so he can donate money to “needy” Democrats in order to maintain his power base.

    Keyes for President 2008 does not have the obligations of Keyes for Senate 2004. It just doesn’t.

    And you’re going to talk “morality” when talking about Alan Keyes? He’s a theif, a bigot, and he can’t even practice the hate he preaches. You might as well talk about Hillary’s morality while you’re at it.

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