Posted on 04/19/2008 9:38:07 AM PDT by calcowgirl
To help ease their fund-raising woes, John McCains campaign has devised a new system to increase the maximum amount an individual can donate to the unofficial Republican nominees election efforts.
Campaign manager Rick Davis released the details of the McCain Victory 08 fund on Friday. He said the entity is a joint committee, combining the McCain campaign, the Republican National Committee and four key states under a hybrid legal structure.
The idea is to tap donors for more than the $2,300 limit set by campaign finance laws. Under legislation pushed by McCain in his role as a senator from Arizona, an individual can donate a maximum of $2,300 to a presidential primary campaign and the same amount to the general election campaign. ...
The new structure allows up to $70,000 in individual contributions by channeling the money into different McCain-centric funds. The first $2,300 of that would go to McCains primary campaign. The Republican National Committee would receive $28,500 of the donation. The remaining funds would be divided equally, up to $10,000 a piece, among four states the campaign has designated as battlegrounds for November: Wisconsin, Minnesota, Colorado and New Mexico.
... The campaign also has individual Victory Fund programs in California, Ohio and Florida. Each of those states can also receive a maximum of $10,000 from an individual, Davis said.
(Excerpt) Read more at blogs.wsj.com ...
The idea is to tap donors for more than the $2,300 limit set by campaign finance laws.
Every day McCain gives me another reason to not vote for him.
He would not have a need to go after the big donors if he hadn’t booted the grassroots conservatives to the curb.
I can think of a few other words that would fit nicely in place of 'devise'.... that Constitution does seem to fit some more than others... especially when some take the power to alter... Now why should liberals he held to a higher standard???
Just as I cheered Stephanopoulos when he asked Obama about his relationship with William Ayres, I would cheer the reporter who asks that question of McCain in the general election debates.
McCain is sure doing little to earn conservative votes...
McCain’s CFR really worked well, didn’t it?
Ahh, yes, the man who supposedly ended “big money” donations, but really neutered the free speech rights of the little folk, has come up with a new creative way to skirt his own cmpaign finance laws?
How Machavellian!
What a scumbag John McCain is! Why on earth would anyone think he would be a good president? He is every bit as bad as Obama and Clinton - maybe in different ways - but he is every bit as bad.
So Mr. McCainiac, how do you support this??
He really should be called on this.
EXACTLY!
And he gets around the income reporting laws by claiming his wife is some alien money machine not really related to him.
My tag line is looking better every day! There went the moral argument for voting for McCain.
"Hybrid legal structure"? What a maverick!!!
I can't wait to hear the remarks from the McCainiacs.
Agreed.
Hey, MacCainiacs, further proof that you boy is nothing but a cheap, two-bit political oppurtunist.
I can't wait to hear the remarks from the McCainiacs.
Yes, can you imagine how they would condemn Hillary Clinton for doing this?
McLiar crashes and burns again.
Won’t McCain get corrupted all over again by all that money?
We're screwed. None of the 3 people who will be occupying the WH in 2009 have a clue about economics.
Anybody with a lick of common sense knows the reason for the "pause" in drawing down the troops in Iraq. They're going to start coming home in February 2009, no matter who the President is.
I still think Obama's going to win, because McCain keeps pulling stunts like this "hybrid legal entity". McCain does nothing to inspire enthusiasm in his candidacy, and all he has to fall back on is his biography, i.e. being a POW.
I will shout it from the mountaintops: I respect John McCain for his service and sacrifice to the country. But that does not make him better qualified to be POTUS.
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