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McCain/Feingold is a joke...John McCain depends on RNC's higher limits ($28,500)

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-19-08 10:27 AM
Original message
McCain/Feingold is a joke...John McCain depends on RNC's higher limits ($28,500)
to fund his campaign.

"the Republican National Committee is quietly banking millions more than its Democratic counterpart, hoping to amass $120 million to fund an RNC campaign on behalf of John McCain and help offset Barack Obama's vaunted money-spinning machine."
...
"In the face of these challenges, the RNC is stockpiling funds to help McCain and has been jointly raising funds with the Arizona senator for the past month. A recent event in New York City took in $7 million. An updated finance report to be filed this week will reflect April as "the best month we've had," Duncan said in the interview. In the first four months of the year, the party collected contributions from "around 700,000 donors," he said."

"By law, each party may spend no more than $19 million in coordinated expenditures with the candidates' campaigns. But the parties may also expend unlimited funds on "independent expenditures" and so-called hybrid advertising that mentions the candidate with generic references to the party."

http://www.boston.com/news/nation/articles/2008/05/18/cash_strapped_gop_devoting_funds_for_mccain/?page=1
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-19-08 10:36 AM
Response to Original message
1. What happened to McCain wanting a publicly funded election?
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-19-08 11:01 AM
Response to Reply #1
2. Apparently, he's going to take the $85 million from taxpayers in addition.
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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-19-08 12:36 PM
Response to Original message
3. I always thought so too (zips up flameproof suit).
Until the campaigns, the parties, AND the 527s are strictly controlled, all campaign finance legislation will be written with loopholes.

We, the People, need to write the legislation. NOW.
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-19-08 04:17 PM
Response to Original message
4. and yet the Media Free Ride continues
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