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snowy owl

(2,145 posts)
39. What facts? Here's the facts about victory fund and down-ticket helping
Fri Apr 8, 2016, 12:06 PM
Apr 2016
http://www.dailykos.com/story/2016/1/3/1465719/-Hillary-s-18-Million-Victory-Fund-could-be-spent-helping-her-campaign

Hillary's $18 Million "Victory Fund" could be spent helping her campaign

Hillary Clinton has raised $18 Million for the DNC and state parties, money that is commonly referred to as a "victory fund." The assumption is that all of this money will go toward helping "downballot candidates" but that is not necessarily true.

During the primary campaign, donors are limited to $2,700 in direct contributions to the candidate. To elicit larger contributions from willing donors, a candidate can set up a Joint Fundraising Committee which allows donors to cut one check that gets distributed to the candidate as well as a state party and the national party. The first $2,700 goes to the candidate's campaign, and any additional money can go to the state party ($10,000 limit) and the national party ($33,400 limit). Clinton's campaign has so far raised $18 Million for the national and state parties.

However,

There is nothing stopping the state party from using the money to help the eventual nominee

Could that $18 Million be spent on helping Hillary's campaign? At least part of it can. I was unable to find out if that same lack of restriction also applies to the national party which receives the bulk of the JFC money.

It's also possible that some of that $18 Million could be spent on Bernie Sanders' campaign, should he win the party's nomination.

One could speculate that the closer the presidential race is between the Democrat and the Republican, the more likely it would be for these funds to go toward the presidential candidate rather than the downballot candidates. So the candidate who trails or only has a slight lead against the Republican might end up sucking away a portion of the victory funds otherwise meant for the downballot candidates. I'll leave it to the reader to interpret the polling of potential matchups and draw their own conclusions as to the various scenarios regarding the likelihood of that money being spent on the presidential candidate.


So who has been helped down ticket so far? Can you name anybody? And by how much? Is Wasserman Schultz helping Canova?

Seems to me you are absent facts here.



Honestly our Earth is headed for mass destruction hereforthevoting Apr 2016 #1
We are really in deep shit. Every year is getting warmer and it will accelerate. Bonobo Apr 2016 #2
I used to call my S/O a conspiracy theorist hereforthevoting Apr 2016 #4
People with money are voting in their interest. Look at the voting results based on income. Bonobo Apr 2016 #6
Well, then, they can have fun in their rich lil bubbles hereforthevoting Apr 2016 #7
There WILL be a revolution. If not now, then when things get really ugly. Bonobo Apr 2016 #8
Because as long as we leave money in control of our political system.... daleanime Apr 2016 #3
Yes that is exactly what I said hereforthevoting Apr 2016 #5
Fracking is Good Economics... Octafish Apr 2016 #10
More likely out of concern for her bank account BernieforPres2016 Apr 2016 #15
This Bread and Circus Apr 2016 #9
The revolution will fail if states are not WhiteTara Apr 2016 #11
Revolutions come when they come. It isn't "ON" Bernie to do anything other than Bonobo Apr 2016 #12
Leading is a big responsibility WhiteTara Apr 2016 #14
No support? I stopped reading there and my jaw dropped. Bonobo Apr 2016 #17
from senators and representatives on the right? WhiteTara Apr 2016 #18
Do you honestly imagine that if Bernie became president that the Democrat congressmen and women Bonobo Apr 2016 #19
I used to respect you WhiteTara Apr 2016 #20
It's midnight here and I live in a non-English environment. Forgive my forgetting to add an "ic". Bonobo Apr 2016 #21
or a foreigner meddling WhiteTara Apr 2016 #22
Wow, I think now I WANT you to put me on your ignore list. Respect, former or otherwise, NOT shared. Bonobo Apr 2016 #23
I've been here for 12 years, Tara... Buddyblazon Apr 2016 #28
Read about what he did in Burlington -- It's a template of what he could do as POTUS Armstead Apr 2016 #34
Recently I saw that the supreme court of Wisconsin WhiteTara Apr 2016 #38
Clinton could have theoretically done the same Armstead Apr 2016 #40
It would help if our Democratic candidates would help to get down ticket elected instead of being seabeyond Apr 2016 #13
I don't have any problem with that statement, Sea except for your conclusion Bonobo Apr 2016 #16
I disagree. I think his whole career, better, life choices are all about self. seabeyond Apr 2016 #24
I know you do. nt Bonobo Apr 2016 #25
That's because you don't want to see otherwise Armstead Apr 2016 #35
Not true. I look at the facts. seabeyond Apr 2016 #36
Interpreted through biases -- (We all do it) Armstead Apr 2016 #37
Interpreted through biases. Facts. There is not interpretation with facts. That would be opinion. seabeyond Apr 2016 #41
What facts do you have that he only about himself? Armstead Apr 2016 #43
What facts? Here's the facts about victory fund and down-ticket helping snowy owl Apr 2016 #39
Yeah! They should all start Victory Funds to scam money from state parties revbones Apr 2016 #26
I am really fuckin tired of being on a Democratic board listening to the attacks on our party seabeyond Apr 2016 #27
Yep. JTFrog Apr 2016 #29
Yeah, cuz if they have a "D" then it means they can't do anything wrong right? nt revbones Apr 2016 #31
Yeah! Cuz that magic "D" makes all the corruption and lies just go away. Oh wait... revbones Apr 2016 #30
The need to be a rebel... without cause. seabeyond Apr 2016 #32
This message was self-deleted by its author revbones Apr 2016 #33
Sure, what's Bernie and his people doing for down ticket races? apnu Apr 2016 #42
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