2016 Postmortem
Related: About this forumLying and Cheating: Less than 1% has gone to state parties in Hillary's "joint fundraising" scheme
Hillary money laundering through "Victory Fund" to get around campaign finance laws.
"Individuals are able to donate to the Clinton campaign via sideroads such as the Victory Fund, with sums 130 times greater than the $2,700 limit."
Before Hillary Clinton launched her fundraising vehicle, the Hillary Victory Fund, last summer, she promised to rebuild the Democratic Party from the ground up. Clinton declared, When our state parties are strong, we win. However, a report by Politico Monday shows that less than 1 percent of the $61 million raised so far has actually remained in state parties.
The venture, labelled a joint fundraising committee, includes the Hillary Victory Fund, the Democratic National Committee and a record 32 state party committees. Due to a 2014 Supreme Court ruling, the set-up allows Clinton to receive checks of $350,000 or more at fundraisers hosted by super-rich donors. Recently Clinton held at the home of Amal and George Clooney in Los Angeles, where a seat at the head table cost $354,000. Clooney himself later admitted the money they raised for Clinton was obscene and should also help Democrats in down ticket races.
According to Politico, state party committees have received $3.8 million from the victory fund, but $3.3 million (88 percent) was soon after transferred to the DNC. Conveniently, Elizabeth Jones, who is the COO of the Clinton campaign, is also the committees treasurer and decides how the funds are allocated.
By contrast, the victory fund has transferred $15.4 million to Clintons campaign and $5.7 million to the DNC, which will work closely with Clintons campaign if and when she becomes the partys nominee, reported Politico. Most of the $23.3 million spent directly by the victory fund has gone towards expenses that appear to have directly benefited Clintons campaign, including $2.8 million for salary and overhead and $8.6 million for web advertising that mostly looks indistinguishable from Clinton campaign ads and that has helped Clinton build a network of small donors who will be critical in a general election expected to cost each side well in excess of $1 billion.
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Duckhunter935
(16,974 posts)From the candidate that at the minimum breaks the spirit campaign finance laws by directly coordinating with her superpacs
Yurovsky
(2,064 posts)it's all smoke & mirrors, amd then TA-DA! HRC & pals cash in. They are greedy, selfish people. No wonder they're more comfortable fighting for corporations instead of people.
Duckhunter935
(16,974 posts)NurseJackie
(42,862 posts)Duckhunter935
(16,974 posts)Luminous Animal
(27,310 posts)from bloggers. It was a scheme contrived by the Bill Clinton campaign to hoodwink voters and it is a scheme that her partner in schemes is unashamed to use now.
http://www.democraticunderground.com/?com=edit&forum=1251&thread=1832167
How Hillary Clinton learned to launder campaign contributions through the DNC
There is a lot of information that I cannot post because of copyright rules. But I highly recommend reading Joe Lieberman's comments and also how Bill's campaign fucked over a very poor indian tribe.
http://www.pbs.org/wgbh/pages/frontline/shows/scandal/etc/script.html
Washington's Other Scandal
A Frontline Investigation with Bill Moyers.So in a trial run, the president's men experiment with laundering contributions through the state parties.
On August 22nd, the Democratic National Committee sends $30,376 to Florida. That same day, $30,376 is sent from the Florida party back to Washington, straight to the company producing the Clinton-Gore advertising campaign.
ANNOUNCER: [Democratic National Committee television commercial] As Americans, there are something we do simply and solely because they are moral, right and good-
BILL MOYERS: In six states, ads produced by the Washington campaign team and "sponsored" by the DNC go on the air.
ANNOUNCER: [Democratic National Committee television commercial] -but because it was the right thing to do. The Republicans are wrong to want to cut Medicare benefits. And President Clinton is right to protect Medicare-
BILL MOYERS: The ad attacks the Republicans, but does not include the words "Vote for Bill Clinton." They claim it is an "issue" ad. It is now clear to the president that "Plan B" will let him have it both ways.
Pres. BILL CLINTON: It means that we can finance this campaign in 1995, so I don't have to worry about it in 1996. So this is a brilliant thing that they have done, this plan that you have participated in because-
BILL MOYERS: He can take public money and agree to the limits on spending by his campaign, and at the same time raise tens of millions of dollars in private money for the advertising blitz and spend it through the DNC.
beedle
(1,235 posts)Your candidate has been shown to be a fucking liar .. again.
Less that one fucking percent goes to anything but Hillary ... and all we've been hearing is how Hillary is the only one helping down ticket Dems??? Jesus, you should hide your heads in shame.
Well, I guess we can look on the bright side, as least we know none of that money that she promised to the super delegates to buy their votes is actually going to be wasted on those worthless wastes of skin.
alittlelark
(18,891 posts)Luminous Animal
(27,310 posts)not care about anything but her own ambitions. She learned how to launder money through the DNC from Bill. His campaign contrived the scheme in 1998
I posted this several days ago on DU (It is soooo worth reading the entire transcript at the Moyers Frontiline PBS link:
How Hillary Clinton learned to launder campaign contributions through the DNC
There is a lot of information that I cannot post because of copyright rules. But I highly recommend reading Joe Lieberman's comments and also how Bill's campaign fucked over a very poor indian tribe.
http://www.pbs.org/wgbh/pages/frontline/shows/scandal/etc/script.html
Washington's Other Scandal
A Frontline Investigation with Bill Moyers.
On August 22nd, the Democratic National Committee sends $30,376 to Florida. That same day, $30,376 is sent from the Florida party back to Washington, straight to the company producing the Clinton-Gore advertising campaign.
ANNOUNCER: [Democratic National Committee television commercial] As Americans, there are something we do simply and solely because they are moral, right and good-
BILL MOYERS: In six states, ads produced by the Washington campaign team and "sponsored" by the DNC go on the air.
ANNOUNCER: [Democratic National Committee television commercial] -but because it was the right thing to do. The Republicans are wrong to want to cut Medicare benefits. And President Clinton is right to protect Medicare-
BILL MOYERS: The ad attacks the Republicans, but does not include the words "Vote for Bill Clinton." They claim it is an "issue" ad. It is now clear to the president that "Plan B" will let him have it both ways.
Pres. BILL CLINTON: It means that we can finance this campaign in 1995, so I don't have to worry about it in 1996. So this is a brilliant thing that they have done, this plan that you have participated in because-
BILL MOYERS: He can take public money and agree to the limits on spending by his campaign, and at the same time raise tens of millions of dollars in private money for the advertising blitz and spend it through the DNC.
Dragonfli
(10,622 posts)azmom
(5,208 posts)Or is this another right wing conspiracy?
AzDar
(14,023 posts)frylock
(34,825 posts)senz
(11,945 posts)never gonna happen
jwirr
(39,215 posts)Party so that they get the message. If we elect a Clinton we are getting this kind of "legal" dishonesty again.