FYI

Feb 26, 2008 10:43

I did a little scouting on the campain webpages of the remaining presidential candidates. Each one seems to have slightly different regulations about donating to their campaign. It appears that federal law prohibits campaign donations from:

· corporations
· labor organization treasury funds
· foreign nationals without green cards
· federal contractors
· people who are being reimbursed by another entity for their donation

Makes sense so far. But when it comes to rejecting donations from "Political Action Committees," the candidates tend to differ, as follows:

CANDIDATE'S STANCE ON PAC DONATIONS
ACCEPTSREJECTSN/A
McCain
Huckabee  
Clinton

Nader  
Obama

Paul

So what exactly is a PAC? It is defined as:
"a private group organized to elect or defeat government officials in order to promote legislation, often supporting the group’s special interests."

Some of the top donating PACs in the 2004 election include:

· National Rifle Association
· American Medical Association
· Service Employees International Union
· Teamsters Union
· International Brotherhood of Electrical Workers
· National Education Association
· American Federation of Teachers
· Laborers’ International Union of North America

So there you have it. Seems like some of these special interests are especially interested in how much money a certain political candidate receives - but no big surprises there. However: now you know which of your candidates are a part of this corrupt system, and which ones refuse to participate.
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