On his website, Bob Barr explains the planned use of campaign donations. The first $12,000 was for a poll. The next $30,000 went to his staff. The next $33,000 will cover a “professional office”. Tens of thousands of dollars later, he covers “Office setup”. That’s closing in on $100,000, without doing anything except getting ready to be a candidate. He has only raised $56,000 as of this writing, not even enough to start setting up his office according to his own estimates.
Perhaps someday he’ll have enough money to start “doing politics”.
Bob Barr has the “Bob Barr Leadship Fund” PAC, which files reports with the FEC. If you want to know how Bob Barr actually spends donor money, that’s a great place to start.
His PAC raises between $235,000 and $305,000 per quarter. He only spends 10%, 5%, or 1% of that amount on financially supporting candidates. Over 90% has been spent on operating expenses for every quarter since January 2007. On average, he has spent less than 5% of his PAC’s operating expenses on supporting candidates.
If Barr spends the same way on his campaign as he does on his PAC, for every dollar he raises, you’ll see a dime, a nickel, or a penny of real politics.
Below is a reporting of how he has spent his PAC’s money for the last year.
“Federal Operating Expenditures” are salaries, fundraising mailings, and The Georgian Club.
“Spent on FEC-reporters” is money to Federal candidates and other PACs.
“Other political gifts” is donations to CATO, state candidates, etc.
2008: First Quarter
Federal Operating Expenditures $ 235,924
Spent on FEC-reporters $ 12,800
Other political gifts $ 2,350
2007: Fourth Quarter
Federal Operating Expenditures $ 285,224
Spent on FEC-reporters $ 10,000
Other political gifts $ 4,100
2007: Third Quarter
Federal Operating Expenditures $ 304,591
Spent on FEC-reporters $ 4,000
Other political gifts $ 4,000
2007: Second Quarter
Federal Operating Expenditures $ 262,002
Spent on FEC-reporters $ 22,250
Other political gifts $ 17,850
2007: First Quarter
Federal Operating Expenditures $ 267,862
Spent on FEC-reporters $ 2,000
Other political gifts $ 2,894
Total Operating Expenditures since January 1, 2007: $ 1,355,603
Total donations to federal candidates and PACs: $ 50,800
Total donations to CATO, state candidates etc: $ 31,194