Clinton fundraising leaves little for state parties

[LiberalArkie]

In the days before Hillary Clinton launched an unprecedented big-money fundraising vehicle with state parties last summer, she vowed “to rebuild our party from the ground up,” proclaiming “when our state parties are strong, we win. That’s what will happen."

But less than 1 percent of the $61 million raised by that effort has stayed in the state parties’ coffers, according to a POLITICO analysis of the latest Federal Election Commission filings.

The venture, the Hillary Victory Fund, is a so-called joint fundraising committee comprised of Clinton’s presidential campaign, the Democratic National Committee and 32 state party committees. The set-up allows Clinton to solicit checks of $350,000 or more from her super-rich supporters at extravagant fundraisers including a dinner at George Clooney’s house and at a concert at Radio City Music Hall featuring Katy Perry and Elton John.

The victory fund has transferred $3.8 million to the state parties, but almost all of that cash ($3.3 million, or 88 percent) was quickly transferred to the DNC, usually within a day or two, by the Clinton staffer who controls the committee, POLITICO’s analysis of the FEC records found.

Snip


Read more: http://www.politico.com/story/2016/04/clinton-fundraising-leaves-little-for-state-parties-222670#ixzz47VU4iX3M
Follow us: @politico on Twitter | Politico on Facebook

[ViseGrip]

1. Where is the FEC on these laundering tactics for Hillary?

[CentralCoaster]

2. It bears all the earmarks of a RICO sort of operation.

Wow, just when I think I've heard the worst, it gets worse.

It's truly all about her, nobody else, not even downticket democrats.

We're fucked.

[NurseJackie]

4. Quick! Get the smelling salts!

[bettyellen]

6. Nope, the money is just starting to be funneled to states now- the article says so.

Guess you didn't bother to read it before formulating this CT?

[LiberalArkie]

7. Politico is a conspiracy site?

“In my opinion, strengthening the state parties strengthens the DNC and vice versa,” Kennedy said. “I’d be the first one to tell you if I felt differently.” His party received $59,800 from the victory fund, but transferred that exact amount to the DNC, though Kennedy said he hopes that money will find its way back to benefit the party in Maine.

Read more: http://www.politico.com/story/2016/04/clinton-fundraising-leaves-little-for-state-parties-222670#ixzz47WVNk9n2
Follow us: @politico on Twitter | Politico on Facebook


The money went to clinton, then the states, then the states gave the money back to the DNC. Now the DNC gets to decide on who to spend the money on. The bank is the same bank Clinton uses. The ad agency for the ads for the states is Clintons agency.

Schwerin said the “Stop Trump” ads aren’t urging readers to vote against Trump. “All of HVF's activities, including online ads, are for fundraising purposes,” he said.
Most of the victory funds ads were executed by the same firm that does advertising for Clinton’s campaign, Bully Pulpit Interactive, which has been paid $8.6 million by the Hillary Victory Fund for online advertising, and $9.2 million by Hillary for America for online advertising and media buys.
Those victory fund ads, as well as a direct mail campaign funded by the same committee, “appear to benefit only [the Clinton campaign] by generating low-dollar contributions that flow only to HFA, rather than to the DNC or any of the participating state party committees,” charged Sanders’ campaign lawyer in an open letter sent to the DNC in April. It alleged that the victory fund was essentially a pass-through to allow Clinton to benefit from contributions that far exceed the amount that her campaign could legally accept.

Read more: http://www.politico.com/story/2016/04/clinton-fundraising-leaves-little-for-state-parties-222670#ixzz47WWCGdrP
Follow us: @politico on Twitter | Politico on Facebook

[bettyellen]

8. “About $4.5 million has already been transferred to state parties and there is an additional $9 mill

“About $4.5 million has already been transferred to state parties and there is an additional $9 million on hand that will be distributed over the coming months as state parties ramp up for the general election,” he said in an email. He added that in April “money raised through the HVF has started to be used to fund Democratic coordinated campaigns across the country, which will help strengthen the party and elect Democrats up and down the ballot.”



They buried the lede.

[LiberalArkie]

9. The next paragraph said

But Schwerin did not respond to follow-up questions about how much of the $700,000 in victory fund transfers to the state parties was subsequently transferred to the DNC.

And further in the article it states how the money that was sent to the states had to be sent back to the DNC the next day or so.

[bettyellen]

10. the article clearly says the dispersals to states are just starting. that is how the timeline and

process is working. the DNC has to figure out where is best to target the money. some states will be pissed because they won't need it, but we are trying to get as many seats back as possible.

[frylock]

3. Yeah, well uhhh.. how much money has Bernie washed through downtickets dems?

[litlbilly]

11. Hes helping progressives, not DNC rupubs

[Hortensis]

5. Americans spent $13 BILLION on Halloween alone

each of the past few years. And that's not even one of the major holidays.
We spend several billion on take-out luxury coffees, not including donuts.
We spend more on dining out than on groceries.
$60 billion on our pets -- most on frivolities and luxuries, including Halloween costumes.
We buy children's clothes that fit and give them away as soon as they don't, buying all new.

Get the idea?

We can gold plate our parties if we want -- with our chump change. Like the Kochs, we're very, very wealthy.