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Superpac Contributions

TSR

Well-known member
This is my third try to post this.

According to the Center for Responsible Politics and the Center for Public Integrity, Gov. Romney has received 577 million in Superpac donations while President Obama has received 237 million.
Much of Gov. Romney's total donations have come from large donors while much of the Presidents have come from grassroot donors. This is on the MSN website if anyone cares to read the entire article. IMO too much for both candidates--I'm for public funding.
 

Steve

Well-known member
Obama promised in 08 to use public funding,..

he broke that promise...

"Senator Obama's words are contradicted by deeds. He said he would -- he pledged to take public financing as now Senator McCain has pledged. He has just reversed that pledge.
--Hillary Clinton surrogate Lanny Davis, CNN Late Edition, Feb. 17. 2008.
http://voices.washingtonpost.com/fact-checker/2008/02/the_obama_pledge_1.html



and is his small grass roots fundraising just another way to skirt federal reporting laws?

Corruption: Exposing Barack Obama’s Illegal Foreign Campaign Money Loophole

A new report from the non-partisan Government Accountability Institute [GAI] shows the Obama campaign has potentially violated federal election law by failing to prevent the use of fraudulent or foreign credit card transactions on the official Obama for America [OFA] donation webpage.

“As FBI surveillance tapes have previously shown, foreign governments understand and are eager to exploit the weaknesses of American campaigns,” the report says. “This, combined with the Internet’s ability to disintermediate campaign contributions on a mass scale, as well as outmoded and lax Federal Election Commission rules, make U.S. elections vulnerable to foreign influence.”

OFA seems to be taking advantage of a “foreign donor loophole” by not using CVV on their campaign donation page. When you donate online to the Obama campaign using a credit card, the contribution webpage does not require donors to enter a secure CVV number (also known as CSC, CVV2 or CVN), the three-digit securing code on the back of credit cards.

Because of the lack of a CVV code requirement, the door is opened for OFA to accept robo-donations, or in other words, large numbers of small and automatic donations made online to evade FEC reporting requirements.

it is illegal to accept campaign donations from foreign sources. Campaigns are required under criminal code not to solicit, accept or receive foreign donations in any amount. The Federal Elections Commission doesn’t require campaigns to disclose the names of donors making contributions of less than $200 unless audited. In addition, FEC rules don’t require campaigns to keep records of those giving less than $50. These rules combined with the lack of a CVV numbers make it easy for campaigns to get away with taking foreign donations.

OFA has specifically touted its “grassroots” success by showcasing the majority of its donations coming from those giving less than $200. It appears the campaign also solicits funds for less than $200 in order to avoid having to report the name of the person making a donation under FEC rules.
http://townhall.com/tipsheet/katiepavlich/2012/10/08/exposing_barack_obamas_illegal_foreign_campaign_money_loophole



as for total money.. looking at one aspect,.. superpacs while ignoring the rest sounds like Romney is raking in the dough but the fact is not quite as simple and the margin is not great but shows a distinct democrat funding advantage..

From the beginning of 2011 through Oct. 17, Mr. Obama and the Democrats raised about $1.06 billion, and Mr. Romney and the Republicans collected $954 million, including some money for the party’s Congressional efforts, setting up 2012 to be the most expensive presidential campaign in history.
 

hypocritexposer

Well-known member
Individuals who gave $200 or less accounted for 34 percent of Obama’s war chest. Meanwhile, such small-dollar donors were responsible for only 18 percent of the Romney campaign’s haul.


Obama's campaign raised more than $632 million in the 2012 election, 62 percent more than Romney's $389 million.

So Romney "big donors" raised $319 Million and obama's "big donors" raised $417 million.

As for your "SuperPAC" numbers, they also include non-profits, not only SpuerPACS

From your source


PACS2.png

http://www.opensecrets.org/outsidespending/summ.php?cycle=2012&chrt=P&disp=O&type=S

advantage Romney (superPACs) $43.7 million

So obama "big donors" gave directly to obama's campaaign, instead of giving through a SuperPAC, by an advantage of $54.3 million
 

TSR

Well-known member
As i said I'm for public funding of Presidential elections, and anyone can go to the site and digest the material for themselves.
 

hypocritexposer

Well-known member
TSR said:
As i said I'm for public funding of Presidential elections, and anyone can go to the site and digest the material for themselves.

For some reason, Liberals/Progressives like you, have a problem digesting reality.

Big business is financing obama's campaign, but you would like to make out that it is big business that is behind Romney.

On Nov. 6th, you are going to find out that it is also the poor, middle class and the upper class that are behind Romney.

Your class warfare and "war against women" have not worked. When will you learn from your past mistakes?

The US is not a Socialist Country and like I have said from the point obama was elected...

..the pendulum wiill now swing as far right, as it was pulled left.
 

TSR

Well-known member
hypocritexposer said:
TSR said:
As i said I'm for public funding of Presidential elections, and anyone can go to the site and digest the material for themselves.

For some reason, Liberals/Progressives like you, have a problem digesting reality.

Big business is financing obama's campaign, but you would like to make out that it is big business that is behind Romney.

On Nov. 6th, you are going to find out that it is also the poor, middle class and the upper class that are behind Romney.

Your class warfare and "war against women" have not worked. When will you learn from your past mistakes?

The US is not a Socialist Country and like I have said from the point obama was elected...

..the pendulum wiill now swing as far right, as it was pulled left.

Quote "On Nov. 6th,....." So what say you now Hypo????
 
A

Anonymous

Guest
I saw Newt on tv the other night who also agrees with Huntsman the campaign financing needs major reform .... Newt believed that this PAC and Super Pac corporate (anonymous ads) funding should be outlawed -- but any one individual should be allowed to donate as much as they want- as long as it is reported by the end of the working day....

Be better than the stack of lies they can now stick out without anyone standing behind them......
 

TSR

Well-known member
Oldtimer said:
I saw Newt on tv the other night who also agrees with Huntsman the campaign financing needs major reform .... Newt believed that this PAC and Super Pac corporate (anonymous ads) funding should be outlawed -- but any one individual should be allowed to donate as much as they want- as long as it is reported by the end of the working day....

Be better than the stack of lies they can now stick out without anyone standing behind them......

It would be better than the current system (although I hate to agree with Newt on anything, Huntsman I admire more) but I still like equal amounts for each candidate--public funding.
 
A

Anonymous

Guest
TSR said:
Oldtimer said:
I saw Newt on tv the other night who also agrees with Huntsman the campaign financing needs major reform .... Newt believed that this PAC and Super Pac corporate (anonymous ads) funding should be outlawed -- but any one individual should be allowed to donate as much as they want- as long as it is reported by the end of the working day....

Be better than the stack of lies they can now stick out without anyone standing behind them......

It would be better than the current system (although I hate to agree with Newt on anything, Huntsman I admire more) but I still like equal amounts for each candidate--public funding.

Yep- same here... Rather than on who can buy the election...

But these campaigns have become a JOKE...Something needs to be done...
 

Faster horses

Well-known member
So it seems to me that ALL THAT MONEY went to TV ads, wouldn't you say?
Maybe some treats here and there...candy, cups, etc. Who else benefitted from all that money?? Radio? Not newspapers, so much. Politicians expect newpaper to run articles for free.

Just curious as to who all got a piece of the PIES.
 

hypocritexposer

Well-known member
As I have mentioned a couple times before...what would be wrong with the way Canada does campaign financing?

But then again, we don't have the same Constitituion as you do.

If you want to change the laws, then have a Constitutional convention.

While you are at it, define Natural Born Citizen, instead of letting the definition dangle in the wind.


Liberals seem to want to redefine and ignore the Constitution, but only when it benefits their cult.


And the children of such persons so
naturalized, dwelling within the United States, being under the age of twenty-one years at the
time of such naturalization, shall also be considered as citizens of the United States. And the
children of citizens of the United States, that may be born beyond sea, or out of the limits of
the United States, shall be considered as natural born citizens:
Provided, That the right of
citizenship shall not descend to persons whose fathers have never been resident in the United
States: Provided Also, That no person heretofore proscribed by any state, shall be admitted a
citizen as aforesaid, except by an act of the legislature of the state in which such person was
proscribed.(a)
Approved, March 26, 1790.
 
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