Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: dj55 who wrote (294626)	7/29/2024 9:43:19 AM
From: combjelly	1 Recommendation Recommended By dj55 Respond to of 362488

He is trying to apply laws written for a single campaign and trying to apply them to a joint campaign. Now I don't pretend to know the election laws, I'd rather claw my eyes out, but he wants us to believe that joint campaigns, which have existed ever since we decided having the second place finisher as VP was as bad of an idea as it seemed on the surface, have been illegal ever since. And that somehow, no one ever noticed it until now. The expectation that a VP is going to run a totally separate campaign from the presidency is totally whacked also. Maybe it is true. But without any supporting evidence at all, well...

To: dj55 who wrote (294626)	7/29/2024 10:30:47 AM
From: i-node	2 Recommendations Recommended By longz Thomas M. Read Replies (3) \| Respond to of 362488

The Biden/Harris campaign. That's what I thought That would be incorrect. Those contributions were made to the Biden Campaign alone. Or, back in the day, it would have been something along the lines of "The Committee to Reelect the President". The VP candidate is generally not selected until the convention, and at that time, a joint campaign fund is established. The reason is that it is possible a sitting president would make a change for VP, and that has happened commonly, but not so much lately. There is no basis for a presidential candidate to transfer money paid into his candidacy, to some other candidate's candidacy. The reason it is illegal is obvious: If I contribute to the Donald Trump candidacy, and Paul Ryan decided to run, I don't want my money going to Ryan without my prior approval. Donald can't, because he has a bad day, just fork over the money I contributed for a different purpose. That would be not only illegal, but a gross moral wrong. And it would serve to damage the campaign funding process. It may be true there are no CRIMINAL penalties involved. But there is a process in which donations are refunded to the contributors, who can subsequently choose to contribute to the Harris campaign. I'm pretty sure there will be civil penalties but they'll probably be waived or reduced in the long haul because that's how FEC does things: They don't enforce shit against Democrats.