HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Retired » Retired Forums » Democratic Primaries (Forum) » NYT: Biden's spending mor...
Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!

Sat Oct 26, 2019, 11:49 AM

 

NYT: Biden's spending more than he's raising

What’s up with that?

If I were to vote in a presidential
primary today, I would vote for:
Undecided

12 replies, 784 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread

Response to EffieBlack (Original post)

Sat Oct 26, 2019, 11:51 AM

1. Don't worry... the sweet sweet Super Pac money will flow into the Biden shadow campaign soon...

 

Can candidates have super PACs?

Officially no. But it's easy to understand why it sometimes can seem as though they do. Although a candidate cannot coordinate expenditures with a super PAC (tell the PAC where an ad might be placed, whether the ad should be positive or negative, or what voters canvassers should contact), there's no law that says a candidate can't have connections with a the entities backing his or her election. Many super PACs — such as the one supporting Romney, the pro-Newt Gingrich Winning Our Future, and Priorities USA, which backs President Obama — are run by former top aides of the candidates. And candidates can headline fundraisers for the super PACs that are supporting them (as Romney has) so long as they don't ask for donations beyond the legal limits permitted for their own campaign committees. Donors are free to write larger checks and super PAC staffers are free to ask for them, but as long as the candidate abides by federal campaign limits or doesn’t actually ask for funds. it’s all kosher. Bottom line: There's a legal prohibition against candidates' coordinating with super PACs but the FEC has been exceedingly lenient in defining what constitutions coordination, as University of California law professor Rick Hasen pithily outlines in his Election Law Blog.



What makes a super PAC super?

Traditional political action committees are bound by a $5,000 annual limit on the size of contributions they can accept from individuals and are prohibited from accepting contributions from corporations and labor unions. A super PAC is freed from these restrictions under two conditions: The PAC must neither 1) give money directly to a candidate or other political committees that give directly to candidates, nor 2) coordinate how it spends its money with a federal candidate. As long as those two conditions are met, a super PAC may accept donations directly from corporate or union treasuries and in amounts that are limited only by the size of donors' bank accounts. Movie mogul Jeffrey Katzenberg wrote a $2 million check to the super PAC backing President Obama's reelection; casino magnate Sheldon Adelson and his wife have reportedly underwritten a super PAC backing Newt Gingrich to the tune of $10 million. Neither of these donations could have been legally given to a traditional PAC.


What's so new about the corporate and union activity? Haven't big labor and big business been active in political campaigns for years?

The Supreme Court’s ruling in Citizens United made it easier for corporations and unions to use their treasuries to directly influence elections. Some restrictions remain: if they want to give directly to candidates, they still have to establish political action committees and raise funds for them. But there are limits on how much traditional political action committees can accept in contributions and from whom: Currently, the cap on individual contributions is $5,000 a year. Donors to traditional union and corporate PACS must work for or own shares in those corporations or belong to those unions. They must be identified and the amounts of their donations made public. By contrast, super PACs can accept money in unlimited amounts from unions, corporations and unaffiliated individuals as well as from non-profit organizations that have been incorporated under innocuous-sounding names and that do not have to report the sources of their funding. That means individuals and entities with whom candidates might not wish to be publicly associated can support their campaigns anonymously.


What can super PACs do with their money?

Anything except contribute directly to, or coordinate expenditures with, candidates and candidate committees. They can pay for any typical political expenditure, and then some. Super PACs can and do pay for television ads, phone banks, canvassers and bumper stickers. In other words, they can act as a shadow campaign.


https://sunlightfoundation.com/2012/01/31/nine-things-you-need-know-about-super-pacs/
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to bluewater (Reply #1)


Response to bluewater (Reply #1)

Sat Oct 26, 2019, 02:10 PM

5. That's good. I hope the super PAC mercilessly hammers away at Trump.

 

Campaign finance law needs to be reformed, but it has not been. We would be crazy to do anything that will hamstring ability to get the democratic message across.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Politicub (Reply #5)

Sat Oct 26, 2019, 02:27 PM

6. It would be nice if Joe's Super Pac would only attacked tRump... but that's a long shot.

 

We'll have to wait and see what Joe's Super Pac shadow campaign actually does with their big donor and corporate money.

What can super PACs do with their money?

Anything except contribute directly to, or coordinate expenditures with, candidates and candidate committees. They can pay for any typical political expenditure, and then some. Super PACs can and do pay for television ads, phone banks, canvassers and bumper stickers. In other words, they can act as a shadow campaign.


I hope to god Joe's Super Pac won't go negative on any of our Democratic candidates. That would have major negative repercussions.


https://sunlightfoundation.com/2012/01/31/nine-things-you-need-know-about-super-pacs/
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to EffieBlack (Original post)

Sat Oct 26, 2019, 01:53 PM

3. Private flight spending soars in Democratic presidential race

 




But Biden isn’t the only one whose charter plane spending surged. South Bend, Ind., Mayor Pete Buttigieg spent nearly $479,000 on private flights over the past three months, up from roughly $300,000 in the second quarter. And Sen. Kamala Harris (D-Calif.) used about $253,000 in campaign cash to charter flights, significantly more than the $17,000 she spent in the second quarter.

The Democratic primary field’s leading progressives, Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), also saw their private air travel spending swell in the three-month fundraising period. Sanders’s spending rose from $18,000 in the second quarter to more than $360,000 in the third. Meanwhile, Warren’s spending jumped from just under $34,000 to more than $132,000.

An aide to Warren’s campaign said that the campaign offsets its carbon emissions from travel, noting that it paid $10,150 to Native Energy, a carbon offset provider, last month. Buttigieg’s campaign likewise spent $1,900 on carbon offsets, according to Federal Election Commission reports.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Gothmog (Reply #3)

Sat Oct 26, 2019, 01:54 PM

4. Dayum, so much for our candidates caring about climate change.

 

Sigh.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to cwydro (Reply #4)

Sat Oct 26, 2019, 05:07 PM

7. Yeah. It doesn't look good.

 

This process is ridiculous... started waaaaaay too early with too many candidates.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to cwydro (Reply #4)

Sat Oct 26, 2019, 05:25 PM

8. Especially when a candidate spends nearly 500K on private jets

 

and then does only 1.900 in carbon offsets. The figure is so low that it'd be less insulting if he didn't do any offsets at all.
If I were to vote in a presidential
primary today, I would vote for:
Undecided

Reply to this post

Back to top Alert abuse Link here Permalink


Response to tishaLA (Reply #8)

Sat Oct 26, 2019, 05:56 PM

9. What's up with Buttigieg doing that?

 



If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to tishaLA (Reply #8)

Sat Oct 26, 2019, 08:04 PM

10. Joe Biden was the poorest Senator ...he didn't invest in stocks...so as not to be influenced....

 

He put climate and gun legislation on the floor so spare me the smears...as for carbon offsets...dumb idea in my opinion. Those top polluters won't mind shelling out the bucks.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Demsrule86 (Reply #10)

Sat Oct 26, 2019, 08:09 PM

11. 'Middle Class Joe' Biden has reaped millions in income since leaving the vice presidency

 



'Parking for over 20 cars': Biden living in $6M mansion on waterfront estate overlooking Washington, DC

https://www.washingtonexaminer.com/news/parking-for-over-20-cars-biden-living-in-6m-mansion-on-waterfront-estate-overlooking-washington-dc
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink


Response to bluewater (Reply #11)

Sat Oct 26, 2019, 11:21 PM

12. He should have been reaping millions during his 40+ years in public service like other politicians.

 

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread