posted on Jul, 4 2008 @ 12:16 PM
McCain Allies Find Finance-Law Loopholes
Allies of Sen. John McCain have found new loopholes in the campaign-finance law he helped write -- and they're using them to reel in huge
contributions to help him compete with Sen. Barack Obama.
That makes the group "the best way to help McCain," says donor David Hanna, who gave $25,000 -- more than 10 times the legal cap of $2,300 for
direct gifts to presidential candidates.
Therefore, they are telling donors, unlimited donations they can give for state races will benefit Sen. McCain. That promise, in turn, helps
raise more big donations for the group.
I don't think there's really much room to complain about Obama not taking public funding after this little "trick" of the GOP.
Governor's 527 Group! LOL Slimy. :shk:
To McCain's credit (kind of), he is publicly taking some issue with this strategy.
The McCain campaign itself takes some issue with the group's stated strategy. "If it is in fact telling its donors their money will help elect
McCain they are being inaccurate," said spokesman Brian Rogers, noting the group cannot legally attempt to sway a federal race. But he said that
because he had not yet seen evidence the group is campaigning on Sen. McCain's behalf, "It's not an issue."
Maybe he should read this article...
[edit on 4-7-2008 by Benevolent Heretic]