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Democrats: McCain Financing Questionable (lawsuits and scandals, oh my)

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ZombieHorde Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-13-08 05:28 PM
Original message
Democrats: McCain Financing Questionable (lawsuits and scandals, oh my)
Edited on Sun Apr-13-08 05:35 PM by ZombieHorde
By HOPE YEN

WASHINGTON (AP) — Democratic Party officials want a federal judge to order an investigation into whether Sen. John McCain violated election laws by withdrawing from public financing, saying federal regulators are too weak to act on their own.

A lawsuit against the Federal Election Commission, to be filed Monday in U.S. District Court, questions the agency's ability to enforce the law and review McCain's decision to opt out of the system. The Republican presidential candidate, who had been entitled to $5.8 million in federal funds for the primary campaign, decided earlier this year to give up that money so he could avoid strict spending limits between now and the GOP's national convention in September.

During a conference call with reporters Sunday, DNC officials said the FEC is unable to act because four of its six seats are vacant. They want a judge to either order the FEC to begin an immediate review, or allow the Democratic Party to file a lawsuit against McCain's campaign challenging his decision.

Tom McMahon, the party's executive director, said "there is a compelling public interest in determining whether Senator McCain agreed to participate in the matching funds program so he could get a loan for his campaign, then violated the terms of that agreement so he could ignore the spending cap and raise unlimited money from lobbyists and special interests."

The DNC is seeking civil fines or an order barring McCain from exceeding spending limits, said DNC general counsel Joe Sandler.

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Link:
http://ap.google.com/article/ALeqM5jSgCX-MGmRepsojAyirvJbg2ZztAD9016FDG0

Does anyone here know anything about this?
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Hippo_Tron Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-13-08 05:34 PM
Response to Original message
1. Basically, McGramps took matching funds so he could win the nomination
Edited on Sun Apr-13-08 05:37 PM by Hippo_Tron
And now that he has it locked up, he wants to go back on federal matching funds because there are spending caps that come with taking that money.

McGramps wants it both ways. BTW, for those who think that having a Democratic Congress is useless, I should point out that Bush would've been able to get his recess appointments to the FEC confirmed or just made more recess appointments if the Republic Party still controlled the senate.
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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-13-08 05:49 PM
Response to Original message
2. McCain is not following election laws apparently, and the DNC is pushing it
Which is the right thing to do.
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my3boyz Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-13-08 05:54 PM
Response to Reply #2
4. Oh no not Mr. Straight Talk Express who is so serious about
campaign finance reform? :o
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-13-08 05:51 PM
Response to Original message
3. Guess that means McCain can STFU about Obama changing his mind
about public financing during the GE. Good.
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