Monday, May 16, 2016

She's Been Singing For Two Months Now



2 comments:

  1. there is talk about Sanders going third party and I wonder if he will. If he does, it will be so that he can roll the over-the-limit contributions and not have to return them. I think he's in debt now, and that's the reason he keeps accepting over the limit contributions and stopped giving them back.

    It's a long list, did any wonk work out how much he owes? If people ask for it back, the campaigns also have to return money and I think Hillary returned about 2M from being asked. Small amounts but they add up.

    here's the link to bernie's FEC violations:

    http://docquery.fec.gov/pdf/847/201605100300045847/201605100300045847.pdf

    here are the rules:

    If any contribution you received exceeds the limits, you may have to refund the excessive amount.

    Excessive contributions may be retained if, within 60 days of receipt, the excessive portions are properly redesignated or reattributed. Guidelines for each option are
    provided below.

    For reattributions, excessive contributions from individuals can be retained if, within 60 days of receipt, the excessive amount is properly reattributed to another
    person. Please note that reattributions only apply to excessive contributions from individuals. An excessive contribution is considered properly reattributed if

    (1) the contributors provide the committee with written documentation, signed by each contributor, authorizing a reattribution and indicating the amount of the contribution to be attributed to each contributor; or

    (2) the committee reattributes by presumption the excessive
    portion of the contribution if the contribution was made on a written instrument from a joint account and was signed by only one of the account holders. In this case, the treasurer must notify the contributors in writing within 60 days of
    receiving the contribution that the committee intends to reattribute the excessive portion and must give the contributor an opportunity to request a refund.

    For redesignations, the funds can be retained if, within 60 days of receipt, the excessive amount is properly redesignated for a different election.

    An excessive contribution is considered properly redesignated if

    (1) the committee obtains signed written documentation from the contributor(s)) authorizing the redesignation of the contribution for another election, provided that the new designation does not exceed the limitations on contributions made with respect to that election; or

    (2) Your committee redesignates by presumption the excessive portion of
    the contribution for another election provided that the new designation does not exceed the limitations on contributions made with respect to that election. In this case, the treasurer must notify the contributor of the redesignation in writing within 60 days of the treasurer's receipt of the contribution. The notification must give the contributor an opportunity to request a refund

    Please note that you cannot presumptively redesignate an excessive contribution from a multi-candidate committee.

    Also, a contribution can only be redesignated to a previous election to the extent that the contribution does not exceed the committee's net debts outstanding for that election. If the foregoing conditions for reattributions or redesignations are not met within 60 days of receipt of the contribution, the excessive amount must be refunded.

    ReplyDelete
  2. to be clear, this is the one he would use:



    (2) Your committee redesignates by presumption the excessive portion of the contribution for another election provided that the new designation does not exceed the limitations on contributions made with respect to that election. In this case, the treasurer must notify the contributor of the redesignation in writing within 60 days of the treasurer's receipt of the contribution. The notification must give the contributor an opportunity to request a refund."

    this option is the honor system, the FEC is evenly split and dysfunctional, so only someone with standing who wanted to sue could bring it to light. Bernie's treasurer would roll it over, and the assumption would be that she or he had written to each contributor and given them a chance to ask for a refund instead.

    But he can only do this if he runs for office, and he can only run for president if he goes third party, and so if he goes third party, I think the reason is how much he's in debt.

    He stopped the TV ads, but he kept the rallies, and I bet he's now getting contributions from those who attend the rallies. seems it's turned into a business, of sorts.

    ReplyDelete