GOP Senate Candidate: I Forgot About My Bank Account With Oodles of Money in It

Terri Lynn Land speaks at the Michigan Republican convention in 2010.<a href="https://www.flickr.com/photos/billrice/4937783028">Bill Rice</a>/Flickr

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Terri Lynn Land, the Republican candidate for US Senate in Michigan, has given nearly $3 million to her own campaign. That’s perfectly legal—candidates can give as much as they want to their campaigns.

Here’s the trouble: On the financial disclosure forms she filed last year and this May with the Federal Election Commission, Land reported she has assets of only about $1.5 million. So how could she give herself twice as much?

Don’t fear, Land fans; her staff has an explanation. The other money was in a joint checking account she has with her husband Dan Hibma, a millionaire real estate developer. On Friday, the Land campaign told the Detroit Free Press (which broke this story) that in 2013 she “inadvertently” omitted the account from her disclosure form and in 2014 she “inadvertently” listed the account as solely owned by Hibma. In other words, Land claims she forgot about an account she had with an enormous amount of money in it—even as she was using that money to fund her campaign.

The Land campaign has not said how much money is in that joint checking account. “A candidate suddenly coming into possession of several million dollars raises questions,” Paul Ryan, a campaign finance expert at the Campaign Legal Center (no, not that Paul Ryan), told the Free Press.

As Michigan’s secretary of state from 2003 until 2011, Land was responsible for enforcing the state’s campaign finance laws.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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