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FEC fines another "527" group - for 2004

A union-funded "independent" group has agreed to a large fine from the FEC for violating Campaign Finance regulations in 2004, according to Jim Kuhnhenn of the Associated Press:


A union-financed advocacy group that played a major role in the 2004 elections has agreed to pay a $580,000 fine after the Federal Election Commission concluded it illegally ran advertising against President Bush and in favor of Democrat John Kerry.

In an agreement announced Monday, the FEC said the now inactive Media Fund spent $53.4 million during the contest on television, radio and newspaper ads and direct mail that made reference to Bush or Kerry. The FEC said the fund violated campaign finance laws because it accepted unlimited donations from labor unions and expressly advocated the defeat or victory of a political candidate.


Read the whole article at the link above. Several of these groups - from across the political spectrum - have been fined for violations from the 2004 campaign. "527" groups are not allowed to spend money advocating the election or defeat of federal candidates, but they still do it - and why wouldn't they? Even if they are caught and fined, it won't be until YEARS after the election they illegally influenced. In the meantime, they don't even have to disclose their funding sources as they would have to as a Political Action Committee. Worse yet, the "fine" may seem large, but it amounts to a little over 1% of the amount they spent on the election. That'll teach 'em - NOT.

Campaign Finance laws are a dreadful sham. While the goal of "keeping money out of politics" has some superficial appeal, it's about as practical as keeping flies off of manure by posting "NO FLIES!" signs in a cow pasture.

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Comments (3)

Hmmm_ Mad Malkin ignoring W... (Below threshold)
bryanD:

Hmmm_ Mad Malkin ignoring Wounded Warriors(tm) getting gouged for their sign-up bonuses by Uncle Sam...hmmm...

"Captain" Ed faces the story head-on, though:

long/short: their slackers.

Romney INSISTS we'll "never know the truth" about the anti-Mormon push polling...

translation: I, Romney, did it. Now, can't we all get along?

Sorry for the topics :)

(Not that 527s don't deserve a Thucydides)

Campaign Finance Reform has... (Below threshold)

Campaign Finance Reform has never been about removing the influence and corruption of big money donors from politics. It is about reducing the "appearance" of corruption by making a little harder for the average person to see.

Yet McCain feels he has not... (Below threshold)
jpm100:

Yet McCain feels he has nothing to defend.

As for bryanD's logic, we can only conclude that bryanD is actually Mitt Romney. How clever.




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