3 ms·
Aren't there rules about political candidates disclosing donations? And doesn't this violate those rules?
by hodgesmr 14y ago
Aren't there rules about political candidates disclosing donations? And doesn't this violate those rules?
- jlgreco 14y agoIs he technically still a candidate? Maybe he's getting around those rules by not being a candidate anymore.
- mc32 14y agoI think he suspended his campaign. Suspending means that while for all intents and purposed but one, the campaign is ended. The exception is that it allows the candidate to raise money (usually to pay off campaign debt). Ending a campaign means you hold the bag, if you're in the red, as I understand it. So, technically, yes, still a candidate.
- btilly 14y agoActually your candidacy is its own separate legal entity, so you're not legally holding the bag. However your reputation is at stake, if you ever want to run for public office in the future, nobody will lend you money if you've proven to be a bad credit risk in the past. See http://www.businessweek.com/articles/2012-04-19/the-business-of-ending-a-presidential-campaign http://www.businessweek.com/articles/2012-04-19/the-business... for more.
- mc32 14y agoAh, good distinction. Thanks for the explanation.
- luigi 14y agoThey have to accurately disclose itemized contributions to the FEC, but a public website counter ain't the FEC.