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Did Kamala set up a Ponzi Scheme?

Posted on 11/12/24 at 8:19 am
Posted by LSUROXS
Texas
Member since Sep 2006
8624 posts
Posted on 11/12/24 at 8:19 am
She continued to inform investors that she was in the lead in many swing states while she was losing badly! She supplied bad information to keep the $$$ rolling in.

LINK
Posted by SundayFunday
Member since Sep 2011
10357 posts
Posted on 11/12/24 at 8:23 am to
Gosh I hope she did
Posted by wareagle7298
Birmingham
Member since Dec 2013
3651 posts
Posted on 11/12/24 at 8:24 am to
Not a Ponzi scheme, but a bunch of dumb arse donators. Its not an investment...it is a gift. And unfortunately, the left has such a massive amount of money, they will never miss a beat. When people are mocking them for being 20 million dollars in debt out a billion...like who cares? They will just move that from one shell to another.
Posted by roadGator
Member since Feb 2009
157398 posts
Posted on 11/12/24 at 8:25 am to
Not exactly but I see your point.

A billion dollar failure.

Oprah got paid though so it’s all ok.
Posted by doublecutter
Member since Oct 2003
7136 posts
Posted on 11/12/24 at 8:27 am to
That's nit a Ponzi scheme.
It's a scam or a large scale grift.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24916 posts
Posted on 11/12/24 at 8:28 am to
My theory:

Inflation act and money going to Ukraine was filtered through Act Blue using American's names for donations that was filtered into the campaign and used to pay people off.

Who pays someone 10 million dollars for a 5 minute appearance. That makes no sense. Paying 100,000 to decorate a hotel room to look like a studio with 5k furniture.

I think they knew they would lose already after the Biden debate and they used push polls to make it look close so they could launder the billion dollars so people could hunker down for the next 4 years.
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
46537 posts
Posted on 11/12/24 at 8:29 am to
Small price to pay for saving democracy.



At least she tried!
Posted by Timeoday
Easter Island
Member since Aug 2020
22258 posts
Posted on 11/12/24 at 8:30 am to
Why do you think MSM wants you to believe it is close? So they can rake in the campaign dollars from the people who still believe what MSM has to say!!

I wish I had a company that could lie daily and make lots of money. But, then again, my conscious would bother me and the lack of sleep would be debilitating.
Posted by BasedAF
Member since Nov 2024
944 posts
Posted on 11/12/24 at 8:32 am to
Any moron donating to her campaign deserves this
Posted by skullhawk
My house
Member since Nov 2007
27724 posts
Posted on 11/12/24 at 8:32 am to
This shouldn't be shocking. Her campaign was treated like these same folks treat the government.
Posted by llfshoals
Member since Nov 2010
20879 posts
Posted on 11/12/24 at 8:32 am to
Honestly, the answer is “it depends”

Did she pay herself a salary from the campaign funds, which scaled based on the contributions.

It would be extremely stupid to do so, because if anyone checked you’d be busted. However if you expect no one to ever care or check I would expect that’s exactly what happened.
Posted by teke184
Zachary, LA
Member since Jan 2007
103750 posts
Posted on 11/12/24 at 8:33 am to
Karl Rove did this in 2012.

This is why people stopped giving money to him, as he told them he needed X amount to ensure a Romney win, got it, and got his shite pushed in.
Posted by Diamondawg
Mississippi
Member since Oct 2006
38209 posts
Posted on 11/12/24 at 8:33 am to
Scam but not Ponzi. Probably some money laundering operation.
Posted by Macfly
BR & DS
Member since Jan 2016
10347 posts
Posted on 11/12/24 at 8:36 am to
She scammed them, but the dummy donors gave money they won't miss or can use as a tax deduction in some way.
Posted by mule74
Watersound Beach
Member since Nov 2004
12807 posts
Posted on 11/12/24 at 8:43 am to
Dishonest? Sure. Ponzi scheme? No.
Posted by theCrusher
Slidell
Member since Nov 2007
1715 posts
Posted on 11/12/24 at 9:05 am to
What until they find out she "hired" companies owned by her husband and friends to do polling, marketing, etc.



Posted by Lake08
Member since Jun 2023
2778 posts
Posted on 11/12/24 at 9:08 am to
Anyone with half a brain knew Trump was winning big. Just like he did four years ago
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
37737 posts
Posted on 11/12/24 at 9:09 am to
quote:

She supplied bad information to keep the $$$ rolling in and still finished $20,000,000 in the hole.


Added context.

Turns out that it costs a LOT of money to maintain the illusion of support through bussing the same rally attendees from state to state and city to city while fully paying for their meals and lodging. Democrats have never been good at math and efficiency.
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