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Clinton Scam Exposed - Hillary Victory Fund
Will our astute "investigative reporters" like Maddow (or hacks as I call them) point this out next time they are going on and on about how Hillary is raising money for the down ticket candidates? This stuff is worse than anything GOP candidates are doing in terms of corruption.
http://www.politico.com/story/2016/04/hillary-clinton-committee-raised-33-million-222044
Hillary Clinton committee raised $33 million in first quarter
Joint committee helps state parties, but spends most of its cash boosting Clinton.
Hillary Clinton in the first three months of the year raised $33 million into a joint account her campaign formed with Democratic Party committees, according to a report filed Friday night with the Federal Election Commission.
The report shows that the joint account, called the Hillary Victory Fund, spent heavily trying to develop a small donor base for Clinton’s presidential campaign, but also took advantage of its unique structure to raise nearly $5 million from just 14 mega-rich donors, including entertainment titans Barry Diller, James Cameron and Haim Saban.
The fund comprises Clinton’s presidential campaign committee, as well as the Democratic National Committee and 32 state party committees. As a result, it can accept checks as large as $358,000 per person — a total determined by the maximum donation to each of its component committees ($5,400 to the Clinton campaign, $33,400 to the DNC and $10,000 to each of the state parties).
The idea is that the committee will help the state parties raise money for their general election efforts, an area where Clinton’s allies argue that her insurgent rival for the Democratic presidential nomination Bernie Sanders has done little. Sanders has a joint fundraising committee, as well, but it has been relatively inactive.
Yet, during the first three months of the year, the $2 million transferred by the Hillary Victory Fund to various state party committees paled in comparison to the $9.5 million it transferred to Clinton’s campaign committee or the $3.5 million it transferred to the DNC.
Joint committee helps state parties, but spends most of its cash boosting Clinton.
Hillary Clinton in the first three months of the year raised $33 million into a joint account her campaign formed with Democratic Party committees, according to a report filed Friday night with the Federal Election Commission.
The report shows that the joint account, called the Hillary Victory Fund, spent heavily trying to develop a small donor base for Clinton’s presidential campaign, but also took advantage of its unique structure to raise nearly $5 million from just 14 mega-rich donors, including entertainment titans Barry Diller, James Cameron and Haim Saban.
The fund comprises Clinton’s presidential campaign committee, as well as the Democratic National Committee and 32 state party committees. As a result, it can accept checks as large as $358,000 per person — a total determined by the maximum donation to each of its component committees ($5,400 to the Clinton campaign, $33,400 to the DNC and $10,000 to each of the state parties).
The idea is that the committee will help the state parties raise money for their general election efforts, an area where Clinton’s allies argue that her insurgent rival for the Democratic presidential nomination Bernie Sanders has done little. Sanders has a joint fundraising committee, as well, but it has been relatively inactive.
Yet, during the first three months of the year, the $2 million transferred by the Hillary Victory Fund to various state party committees paled in comparison to the $9.5 million it transferred to Clinton’s campaign committee or the $3.5 million it transferred to the DNC.
17 replies
= new reply since forum marked as read
= new reply since forum marked as read
to enlightenment
Should anyone really be surprised?
Quelle surprise
Bookmarking to use again when this bogus talking point comes up next time.
