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BREAKING NEWS: Parks Campaign Racks Up Massive Debt

With only a month to go before the election, Bernard Parks has been busy struggling to pay off his primary election debts instead of campaigning – and still has $390,000 in outstanding debts, according to campaign reports filed with the L.A. County Registrar-Recorder’s office.

Parks’ campaign debts far exceed his assets. In fact, of the $207,038.30 his campaign has spent since the June primary election, $133,478.68 was spent on paying down his debt instead of on campaign activities for the November 4th election.

This means that Parks must raise $10,895 every day between now and the election just to pay off his previous campaign debts.

Meanwhile, the Ridley-Thomas campaign has more assets than debts, with only $17,000 in accrued expenses, and is campaigning full speed ahead.

See the entire article and campaign disclosure statement at Bernard Parks Is NOT Who We Thought He Was.

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