SarahPAC identified as one of five prominent Tea Party ponzi schemes.

Uh oh!

Courtesy of the Daily Beast:  

This article is not a piece of commentary about beliefs or ideologies. Airing concerns openly can be constructive, civil debate can be productive, and incumbency shouldn’t equate to job security. 

This article is about the hijacking of a movement that started in 2009 by the modern equivalent of the “Old West Snake Oil Salesman.” Slick, fast-talking, and capable of whipping a crowd into a frenzy, they travel from town to town peddling their promises of “change.’ 

The problem is evidence indicates some Tea Party groups care far less about your ideals and far more about your money—taking it and making it their own. They’re an ideological Ponzi scheme; they use donations to generate more donations, by creating sensationalistic ad campaigns to persuade donors they’re getting value, and to scare or guilt them, and new donors, into sending more donations. 

Here are five very recognizable organizations that spend vastly more on fundraising efforts than on support for any candidate.

Actually I would like to disagree that the majority of the money for SarahPAC is spent on "fundraising." I think that is just the excuse they use for spending so much on "postage."

I think the vast amount of the donations goes right into Palin's pocket.

The charts, above and below, were created using actual values from the FEC financial reports filed by the Tea Party Leadership Fund, Tea Party Patriots, Madison Project, Sarah Palin’s PAC, and the Tea Party Express; from January 1, 2013 through June 30, 2014. To be clear, these numbers are exactly what each organization reported without manipulation or modification.

Gee and still that was not enough, and Palin had to turn to hillbilly reality shows on cable outlets nobody can find, poorly attended speeches, and a subscription only internet TV channel that is run so shabbily that now all of its content is available free on YouTube.

The Daily Beast then goes on to point out the scam that is Sarah PAC:Total receipts were $2,068,666, with expenses of $2,120,019 and $106,000 benefiting candidates. That’s 95 percent on expenses and 5 percent to candidates. With just a measly one-hundred grand in candidate support, Sarah Palin’s PAC basically has taken a shotgun approach by doling out $5,000 cash contributions to eight senatorial candidates, and a half-dozen House candidates, most of which are notable for their primary losses.

Oh man you just know THIS is going to piss in a certain somebody's Cheerios today. 

I can hardly wait for the response.

Hmmm, I wonder if it will only be available with a subscription?