'Fiscal Conservative' Joe Miller Owes Tens Of Thousands In Credit Card Debt ... oh the hypocricy!...oh the irony!

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    Oct 10, 2010 8:03 PM GMT
    "Joe Miller - Fiscal conservative, budget balancer, not liverer beyond his means.... and... (wait for it)... buried under mounds of credit card debt, and running a campaign more than $100,000 beyond his means?

    Apparently so. Miller, who was supposed to have filed his financial disclosure paperwork for his run for Senate back in April, has finally gotten around to it. No wonder he wasn't in any hurry. It's an interesting disclosure. From Anchorage Daily News:

    He owes himself between $100,001 and $250,000 for a campaign loan, according to the paperwork. Documents filed with the Federal Election Commission show that he loaned himself $103,920 for the campaign.

    Miller also has a substantial amount of credit card debt, including between $35,003 and $80,000 on three separate charge accounts: two cards charging 10.24 percent interest with Bank of America and one zero percent interest loan with USAA Federal Savings Bank. He also owes student loans valued at $15,001 to $50,000. A federal judicial disclosure report released today by the federal courts from Millers' time as a federal magistrate show that in 2004 he owed between $30,001 and $55,001 for his law school education.

    Miller and his wife have between $15,001 and $50,000 in a money market mutual fund IRA with TD Ameritrade, and own his law offices, valued at $50,001 to $100,000. Rent at the law firm brought in $50,001 to $100,000 last year. He has a savings account valued between $15,001 and $50,000.

    Miller also declares a $15,001 to $50,000 share in the A Street Apartments in Fairbanks. He and his wife also own undeveloped farmland in Delta Junction valued between $250,001 and $500,000. The land appears to be the same farmland he borrowed from the state of Alaska's Agricultural Revolving Loan Fund.


    Now, I'm no economist like Joe Miller, but if I were running on a platform of fiscal conservatism, and talking all the time about how the United States is being managed badly, and about how debt is going to kill our nation, and about how we need to get our financial house in order, the first thing I'd do before standing in front of the microphone and convincing people that I was the candidate for them -- is get out of debt and get my fiscal house in order. Just saying. ... "

    http://www.huffingtonpost.com/akmuckraker/joe-the-debtor-miller-owe_b_755964.html

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    Oct 10, 2010 8:24 PM GMT
    Yeah. Just when you think you've seen the hypocrisy of the highest order, another tea bagger comes along to up the ante. icon_rolleyes.gif
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    Oct 10, 2010 8:32 PM GMT
    That is all pretty standard in political campaigns. Joe Miller stands a good chance of winning as long as he gets his name out there over Murkowski's write-in campaign. Better to get into debt to win than run a campaign on a balanced budget. If I were his manager I would have advised the same thing (and lord knows I am not US Senate manager quality).

    Particularly this line "He owes himself between $100,001 and $250,000 for a campaign loan, according to the paperwork." is standard. Millionaire candidates from Michael Bloomberg to Carl Paladino are mostly self-financed and this owe themselves hundreds of thousands.

    But still, lolz.
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    Oct 11, 2010 3:38 AM GMT
    MunchingZombie saidThat is all pretty standard in political campaigns. Joe Miller stands a good chance of winning as long as he gets his name out there over Murkowski's write-in campaign. Better to get into debt to win than run a campaign on a balanced budget. If I were his manager I would have advised the same thing (and lord knows I am not US Senate manager quality).

    Particularly this line "He owes himself between $100,001 and $250,000 for a campaign loan, according to the paperwork." is standard. Millionaire candidates from Michael Bloomberg to Carl Paladino are mostly self-financed and this owe themselves hundreds of thousands.

    But still, lolz.




    I don't know about that.
    He still owes tens of thousands in student loans and credit card debt that has nothing to do with his campaign expenses.

    And the fact that he reported his finances 6 months later than all the other candidates makes it pretty damn clear he was trying to hide his personal debt to avoid looking like the hypocrite he is for bemoaning government debt when he can't or won't keep himself out of debt.
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    Oct 11, 2010 4:50 AM GMT
    southbeach1500 saidAnd....

    Charlie Rangel is a tax cheat (his committee writes tax law).

    And so is Treasury Secretary Geitner.

    Are they any less qualified to do their jobs than Miller is?


    Go back to sleep. You are missing the whole point.
  • GQjock

    Posts: 11649

    Oct 11, 2010 10:19 AM GMT
    southbeach1500 saidAnd....

    Charlie Rangel is a tax cheat (his committee writes tax law).

    And so is Treasury Secretary Geitner.

    Are they any less qualified to do their jobs than Miller is?



    Because you bring up their names .... that absolves Miller?

    You can debate Rangel and what he did or didn't do or what you THINK Geitner did

    But that still doesn't make what Miller is accused of any less surprising
    .... and he's the one saying he's going to clean up Washington
    But I know you people will still vote for him ... as usual
    facts don't matter