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originally posted by: BuzzyWigs
a reply to: xuenchen
What DOES happen to all that money?
As for proof, yes, xuen....there is "proof". It is ridiculous (sorry, you know I'm startin' to like ya) to think that money is just "gone."
WHERE DOES IT GO?
According to the FEC, if a candidate for federal office (a presidential hopeful, say) loses and is a congressperson, he or she can roll over unused money into a re-election kitty. They can also repay themselves for personal funds used during the campaign up to a certain amount, depending on the race and when those funds were used. They can contribute the dollars to a charity. Candidates may also return money to contributors, but determining who gets how much is a delicate operation avoided by most, if not all, candidates. For local elections, state rules vary.
“The rule is that [campaign donations] can’t be used for personal use,” says FEC spokesperson Bob Biersack.
Sometimes running for office can leave a candidate in financial straits.
Sen. Hillary Clinton left her bid for the democratic nomination for president with $22.5 million in debt, more than half of which was her personal loan to the campaign. In June, Sen. Obama asked his fund-raising team to step in and help Sen. Clinton pay off her election debt. Clinton also campaigned on her own for donations.
When you sign a check for Sens. Obama or McCain, your money could end up in a local election that you might not be familiar with at all, because they’re allowed to boost their political capital by doling out funds to other candidates in upcoming congressional races.
The part about Hillary makes her a perfect puppet candidate doesn't it.
And that really makes her look even "better" after her comment last night.
I am now convinced that Bernie and Trump are a threat to The Powers That Be .
originally posted by: angeldoll
a reply to: xuenchen
The question is: Can Bernie Sanders actually convince Congress to pass his proposals?
Congress is filled with absolute morons who have only one agenda and that has been to cause Obama to fail.
Sanders would be no different. He will be in a state of absolute impotence.