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Forgive, and forget the cash

La Jolla Democratic congressman Scott Peters, who beat the GOP’s Brian Bilbray in a hard-fought race last year, spent plenty of his own cash in the process. With wealthy wife Lynne Gorguze on his side, Peters began making personal loans to his campaign early and often. And now, the congressional freshman has officially declared he won’t be getting any of it back. “Personal loans were made by me, the Candidate, in the amount of $1,350,000.00 on 9/04/12 and 9/14/12,” Peters recently reported to the Federal Election Commission. “On 12/31/2012, a total amount of $1,250,000.00 was forgiven by me, the Candidate, and converted to contributions to my committee.” In addition, “Personal loans were made by me, the Candidate, in the amount of $1,250,000 on May 3, 2012, May 10, 2012, & May 16, 2012. On 6/30/2012 a total amount of $1,000,000 was forgiven by me, the Candidate, and converted to contributions to my committee.”

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La Jolla Democratic congressman Scott Peters, who beat the GOP’s Brian Bilbray in a hard-fought race last year, spent plenty of his own cash in the process. With wealthy wife Lynne Gorguze on his side, Peters began making personal loans to his campaign early and often. And now, the congressional freshman has officially declared he won’t be getting any of it back. “Personal loans were made by me, the Candidate, in the amount of $1,350,000.00 on 9/04/12 and 9/14/12,” Peters recently reported to the Federal Election Commission. “On 12/31/2012, a total amount of $1,250,000.00 was forgiven by me, the Candidate, and converted to contributions to my committee.” In addition, “Personal loans were made by me, the Candidate, in the amount of $1,250,000 on May 3, 2012, May 10, 2012, & May 16, 2012. On 6/30/2012 a total amount of $1,000,000 was forgiven by me, the Candidate, and converted to contributions to my committee.”

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Comments
4

Wow. Wish I could get someone to forgive me $2,250,000.00. That sure could come in handy.

What world do these people live in?

April 17, 2013

I'm really curious how many of the voters who wanted Peters knew he was rich and was spending his/his wife's fortune to buy that congressional seat? After all, aren't the Dems always the po' folk? Isn't the Dem candidate the one who struggles for money, relying on grass-roots support? Isn't the Dem candidate the one who despises the "moneyed" interests? Uh, no, not this time. Peters is just the opposite.

April 17, 2013

Every political party has their black sheep. Truth is though, no one can run for office these days without big, big bucks, either in their own bank account, or that of a supporter. This is part of what is wrong with our political system these days. It's a goddamn auction.

April 17, 2013

Peters appears to have used Gorguze money to buy every political office he's run for. Use the money for a TV ad campaign your opponent can't finance. Joe Six Pack votes for the guy or gal he sees on TV the most. Scotty ain't the only politician to marry a woman with dough. Look at John Kerry and Johnny McCain. Kerry's got the Heinz ketchup money behind him while McCain has Budweiser beer money backing him.

April 21, 2013

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