Campaign finance law, that is.
Yes, the big campaign finance reformer is flouting the law that governs public matching funds for presidential campaigns.
A group of bloggers including Markos of Daily Kos and Jane Hamsher of Firedoglake have filed a complaint with the Federal Election Commission. The complaint accuses McCain of
violations of campaign finance law for spending beyond limits imposed by his decision to take public financing.
McCain has claimed he is backing off that decision, and justifies it with the fact that he never received any of that public money. However, the law clearly states that he is bound by those limits if he uses the promise of those funds in order to secure campaign loans — something he absolutely did.
Legal expert Adam B explains more about this issue today.
Also, MoveOn.org Political Action sent out an e-mail about this issue, and I’ve put the full text after the jump.
The e-mail includes a link you can click if you want to sign on to the FEC complaint as well.
Incidentally, I have read that McCain also used the certificate saying he had qualified for matching funds in order to avoid the onerous signature requirements to get on the ballot for the Ohio primary. So he didn’t just use the commitment to take matching funds to secure a loan, he also used it to get on the ballot.
Now, worried that he won’t be able to compete with the Democratic nominee financially, he is trying to back out. What a weasel.
Continue Reading...
