Sunday, May 3, 2015

JEB! exploits major loophole in campaign finance rule

My buddy Pete is gonna keep the sheep looking at Hillary
and Bill while I buy me an election. Sorry Amerika.
(PMSNBC) - Today, thanks to a Supreme Court decision that unleashed unlimited money into politics, even the unlikeliest of long-shot presidential candidates needs only one very wealthy patron to run a credible campaign. It’s a system that many campaign finance reform advocates see as messy and bordering on corrupt. But now, Former Florida Gov. Jeb Bush is taking things to an entirely new level: putting off his official entry into the 2016 race so he can raise vast sums for a super PAC that’s supposed to be entirely independent of his all-but-certain campaign. 

The 2016 GOP field is already crowded. Sens. Ted Cruz of Texas, Marco Rubio of Florida and Rand Paul of Kentucky are in, with announcements expected next week from former Hewlett-Packard CEO Carly Fiorina, retired neurosurgeon Ben Carson and former Arkansas Gov. Huckabee. Missing from that group is Bush, an early GOP frontrunner who says he’s still “exploring” a possible candidacy. Why is he waiting? In a word, money. Read more.

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