Thanks to friends in Washington, D.C., we’ve gotten our hands on Greg Fischer’s first quarterly FEC report. Oh man. Where to begin?
Once we got over the fact that most of his money is just from rich family members and friends, we discovered that Fischer has $110,000 in funds he cannot use in the Primary, only in the General Election. So the reality is he has a whole lot less on-hand than his campaign has boasted. That is not fundraising strength.
He took out a strange $34,294.31 loan from Fidelity Investments to help get his contribution to the campaign over the $500,000 mark, raising the question of whether or not Fischer actually has enough liquidity when it comes to his own personal finances to drop more in. He apparently isn’t as wealthy and free with his money has he espoused in the run-up to reporting.
There were no disbursements to Dant Clayton Corp for all of the exploratory expenses he had– we were the first to report this months ago. Appears as if Greg Fischer’s campaign knowingly allowed his corporation to make a contribution to his campaign. You’ll recall that the issue was so major that the Republican Party filed an FEC complaint against Fischer as a result of our investigation. This is a big deal. If the Fischer campaign really believed it was insignificant as it alleged months ago, you’d see a reimbursement on the report like his camp said there would be.
It gets better. Juicy, juicy. Tons more after the jump…