Campaign Fundraising

Discussion in 'Politics' started by boedicca, Apr 19, 2007.

  1. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    The first quarter fundraising results for the 2008 election have been reported. One thing I do not understand is why it is legal for Hillary to transfer $10 million of surplus from her now concluded Senate campaign to her Presidential one.

    After 9/11, the Red Cross was publicly shamed for using donations from the 9/11 fundraising campaign for other disaster relief efforts. Why aren't politicians held to the same standard? If someone donates money for one election effort, it should not be transferred to a different election.

    DEMOCRATS:

    HILLARY RODHAM CLINTON

    Total contributions: $26 million of which $19.1 million is for the primary election.

    Transfers: $10 million from her Senate campaign.

    Total debt: $1.6 million.

    Cash on hand: $24.1 million for the primary.

    Top donor states: New York, $7 million; California, $5.1 million; District of Columbia, $3.5 million.

    Top employer: Employees from Morgan Stanley $75,650; NRG Energy, $59,325; Goldman Sachs, $48,600.

    Notable donors: Leo J. Hindery Jr., CEO Yankees Entertainment and Sports Network, $2,300; Andrea Alberini, Guess, Inc. $4,600; Kate Capshaw Spielberg, actor, $2,300; Candice Bergen Malle, actor, $4,600....


    http://news.yahoo.com/s/ap/20070416/ap_on_el_pr/campaign_money_at_a_glance
     
  2. maineman
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    maineman BANNED

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    don't like campaign finance laws? whine to your congressman and senators.
     
  3. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Thank you for sharing, but your comment is meaningless.
     
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  4. maineman
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    maineman BANNED

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    no...you are whining that political candidates ought to be treated the same way as non-profits. talk about apples and oranges! That is like asking why, when a batter strikes out, they don't give his team a ten yard penalty.
     
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Campaigns are non-profits! If they weren't, then the surplus from Hillary's 2006 campaign should have been declared as profits in a tax return for 2006.

    Once again, you allow politicians to avoid the legal and tax consequences they impose of everyone else.
     
  6. maineman
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    maineman BANNED

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    campaigns are not non-profits...they are campaigns...and campaign finance laws - not laws about non-profits - dictate what they can and cannot do with money. And how is it that I am the one allowing politicians to do this? what the fuck have YOU done to stop them?

    other than whine, of course.
     
  7. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    If campaigns are not non-profits, then why didn't Hillary's Senate Campaign Fund have to pay income taxes on the PROFITS of over 2006 fund raising efforts? It's funny that she supports Excess Proft Taxes on Oil Companies while realizing Excess Untaxed Profits on her Senate Campaign.
     
  8. maineman
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    maineman BANNED

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    what don't you understand about the FACT that non-profits and political campaigns are treated differently under the law?

    and again:

    how is it that I am the one allowing politicians to do this? what the fuck have YOU done to stop them?

    other than whine, of course.
     
  9. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Why do you believe it is okay for Hillary to transfer $10M of PROFIT from her 2006 Senate Campaign Fund to her 2008 Presidential one? The rest of us have to pay taxes on our income each year. Why should she be allowed to carry a surplus into another year?
     
  10. maineman
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    maineman BANNED

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    because the campaign finance laws allow it.

    And again... what the FUCK have YOU done to change it if it bugs YOU so fucking much?????


    besides whine.
     

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