You gotsta pay to play.
I just can’t imagine Obama saying anything wise, interesting or insightful.
I have a question.
If University of California public 501c, can they bundle money for campaign?
University of California
Summary Totals Recipients Congressional Committees Lobbying Individuals News
They “bundled” over $1.2 Million for Obama in 2012, and even more for Democrat candidates all over the country.
Among Federal Candidates, 2012 Cycle
Total: $2,465,047
This is what I found on Federal Law of 501c:
Federal Tax Law
General: Federal tax law regulates the participation in the electoral process of charitable and educational organizations described in Section 501(c)(3) of the Internal Revenue Code. MSU is such an organization.
Prohibition: To receive the benefits of tax-exempt status which derive from qualifying as a 501(c)(3) organization under the Internal Revenue Code, an organization cannot participate or intervene in any political campaign on behalf of, or in opposition to, any candidate for public office. “This prohibition means 501(c)(3) organizations may not endorse candidates, distribute statements for or against candidates, raise funds for or donate to candidates or become involved in any activity that would be either supportive or opposed to any candidate.” IR- 2006-87, June 1, 2006, “IRS Reminds Charities to Avoid Campaign Activities This Election Season.”
Wonder what the trip cost vs how much he brought in. Of course the trip was taxpayer funded or does the Democrat party pay for it?
--Johnny Huang
Finally. Obama’s in the bargain basement bin.
Next stop - the scrap heap of history.
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"I am not a lame duck."
