LNC Treasurer Redpath submitted his end-of-February Financial Report. Of particular note: “It is my understanding now that [Editor: the Kennedy Victory Fund] will be running out in the next two or three months.” Redpath’s report indicates: Cash was at $244,723, while various liabilities summed to $126,136. Year-to-Date Total Revenue is $201,523, below the budgeted amount of $240,000. Of that, $117,089…
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Income There were a half-dozen maximum donations of $41,300. Transfers from State Parties and PACs came to $709,659, including $9711 from the Libertarian Unity PAC and $35,218 from the Mises PAC. Transfer from the Kennedy Victory fund itself came to $242,660. Outgo Contribution refunds to state parties came to $254,196. Bank charges were $14,158, including $11,400 in credit card payments.…
Under pall of suspicion, resigned LP Chair McArdle lands in Trump administration An extended article from Daniel Donnelly and his substack, https://danieldonnellylibertarian.substack.com/p/golden-parachute reprinted with our thanks by permission of the original author On January 24th, 2025, Angela McArdle resigned as Chair of the Libertarian Party. Shortly thereafter, it was announced that she was taking a job in the Trump administration.…
Headquarters is to be sold. There is an unnamed bidder, whose offer lead to a loss of $225,000. The LNC has voted to sell the LNC Headquarters in Alexandria, Virginia, for which we paid $825,000 in 2014. How much is it now worth? Xome.com estimated a sales price of 1.058 million. Homes.com estimated a price of 1.62 million. LNC Member…
Total receipts were $1,126,151. Of this $1,061,672 was due to the Kennedy fund and $64,479 were normal donations. Total disbursements were $1,102,756. Of this, $92,691 was the non-Kennedy spending. That’s (round number) $28K more than non-Kennedy income. Cash on hand at the end of the month was $487,852. Debt at the end of the month was $75,662. The normal income:…
An Opinion Piece by Susan Hogarth The LNC is taking action to investigate credible allegations of financial self-dealing from the resigning Chair, Angela McArdle. This could represent $45,000 in stealth payments to her own household after the LNC voted to terminate her partner’s earlier contract. The investigation could extend to her actions with other Party expenses and to dealings with…
Libertarian Party National Chair Angela McArdle has resigned as Party National Chair. Her announcement came early Saturday morning. A motion accepting her resignation, effective immediately, is before the LNC. Her resignation read: From: Angela McArdle <angela.mcardle@lp.org> Sent: Saturday, January 25, 2025 6:30:10 AM (UTC+00:00) Monrovia, Reykjavik To: lnc-public_forward <lnc-public_forward@lp.org> Subject: Resignation, Thank You, and Timeline Hello Everyone, I am taking…
Todd Hagopian, former Treasurer of the Libertarian National Committee, has call for the removal of Angela McArdle as National Chair. Writing on X.com, and referring to the recent revelations about payments to a firm organized as an LLC by the National Chair’s boyfriend, Hagopian said Profit/Minute Guy @ToddHagopian I am calling on the LNC to remove the Chair. This behavior…