My guess is that the dinner proceeds go to a SuperPAC.
Shut up and eat your peas
Obama Victory Fund is a different committee supporting him.
Simple. If you are a Dem, you can accept all the cash you can get your grubs on. It’s not rocket science.
The name on the latest one is McCain / Feingold.
Research John McCain. Research Russ Feingold. Research the challenges to the law bearing their names and then get back to us.
Sheesh!
The name on the latest one is McCain / Feingold.
Research John McCain. Research Russ Feingold. Research the challenges to the law bearing their names and then get back to us.
Sheesh!
the next time you think about patronizing a Tom Hanks or Ed Harris movie, stop and think about what they are spending to destroy our way of life. Of course, the destruction of America won't bother them in their villas in Switzerland, New Zealand or wherever the hell they plan to retreat to with their fortunes.
See? Campaign laws are really not that complicated.
Contributions to Party Committees
You may contribute up to $30,800 a year10 to a national party committee and up to $10,000 a year to a state or local party committee. (A state party committee and the local party committees within that state usually share one $10,000 annual limit on contributions from a person.) Although major party committees are not permitted to contribute to their nominee in the general election if he or she accepts public funds, the national committee of a political party may support the nominee by making special, limited expenditures on his or her behalf, as indicated in the Chart on Expenditure Limits. The party’s national committee may designate a state or local party committee to make these expenditures. In addition, state and local party committees may conduct voter drives on behalf of the Presidential nominee and distribute pins, bumper stickers and other campaign materials benefiting the nominee.
Contributions to Primary Candidates 9
You may contribute up to $2,500 to a Presidential candidate in the primary election campaign, whether or not the candidate accepts matching funds. (The $2,500 limit applies to the entire primary process, rather than to a single primary held in a particular state.)
Contributions to Major Party Nominees in the General Election
A major party nominee who has accepted public funding for the general election may not accept any contributions to further his election. You may, however, help a publicly funded nominee by contributing to the candidate’s compliance fund. A compliance fund is a special account maintained by publicly funded nominees solely for paying legal and accounting expenses incurred in complying with the campaign finance law. You may contribute up to $2,500 to the compliance fund of a major party nominee.
In the case of a major party nominee who is not publicly funded, you may contribute up to $2,500 to his/her general election campaign.
http://www.fec.gov/pages/brochures/pubfund.shtml#anchor697350
The rules regarding campaign finance are, quite simply, among the most retarded rules ever devised.
An individual is capped at $2,500 for a federal candidate.
That same person can give 5,000 to a PAC supporting that candidate.
If you start or donate to a “Super” PAC you can give it unlimited donations.
If you contribute to a State Political Party it is something like $10,000.
If you contribute to a national party it is $30,000.
Confused yet?
It goes on and on and on. I once watched Jon Stossel do a segment on election rules. The forms required, when laid end to end, covered a football field.
It keeps average, everyday Americans out of national offices (ever notice nearly every member of Congress is a Lawyer?).
Also, keep in mind that John Edwards is still dealing with the donations he received from the LAST election and, possibly, so is McCain, the guy that wrote these very rules.
It’s pretty simple really. I assume you’ve heard of bundlers? Well the basic idea is that you show up for a dinner thats $30k a plate, then that amount is divided up to max out your donation to the Obama Campaign, DNC, DSCC, DCCC or whatever organization they’re bundling for that night. It’s a pretty standard campaign fundraising tactic used by both sides.