SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: POKERSAM who wrote (997997)2/1/2017 11:47:04 AM
From: FJB5 Recommendations

Recommended By
Bearcatbob
locogringo
Mick Mørmøny
POKERSAM
Taro

  Read Replies (2) | Respond to of 1570981
 
Trump Files With FEC For 2020 Election Bid, Outmaneuvers Nonprofit Organizations

disobedientmedia.com
2 minutes






A document from the Federal Elections Commission (FEC) indicates that Donald Trump took steps last week to outmaneuver nonprofit organizations, leaving them unable to officially campaign against him over the next few years of his Presidency.

Filed on January 20th, 2017, the letter states that, while not an official announcement for reelection, Donald Trump has filed an FEC Form 2 in order to “ensure compliance with the Federal Election Campaign Act.” This is an unprecedented, although legal, move for the President to make. Barack Obama did not file for his 2012 re-election bid until April 2011. Having filed (even if not formally announcing a bid) as a candidate, Trump would be able to coordinate with PACs and other similar organizations.

More importantly, 501(c)(3) nonprofit organizations would no longer be able to engage in “political speech” which could theoretically affect the results of the 2020 U.S. Presidential Election without running the risk of losing their nonprofit status. The move effectively bars interest groups from creating nonprofits which they could funnel money into for the purposes of opposing Trump’s initiatives. This will likely create chaos for political opponents of Trump such as George Soros, who has sunk significant amounts of money into various nonprofit groups with the intent of opposing Trump’s government. How 501(c)(3) organizations will comply with the FEC’s regulations when participating an actions which qualify as political speech remains to be seen.

The move is consistent with Trump’s campaign promises to reduce the financial influence of private special interest groups on Washington.