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Democrats: McCain financing questionable
AP ^ | 13 Apr 2008 | Hope Yen

Posted on 04/13/2008 3:33:28 PM PDT by BGHater

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.

The Republican National Committee described the lawsuit as "total nonsense."

"It is now clear that the trial-lawyer Democrats' idea of campaigning for president is to hire lawyers and file frivolous lawsuits," said spokesman Alex Conant.

Democrats filed an initial complaint with the FEC in February, asking it to investigate. Under federal rules, the party typically must wait 120 days before filing a lawsuit. But party officials said they were taking action before the deadline given the FEC's weakened status. The FEC has 60 days to respond to the lawsuit.

"It has only been 49 days since the DNC's initial meritless complaint to the commission was filed, and thus we expect this lawsuit to be thrown out at the first opportunity," Conant said.

Part of the dispute centers on a $4 million loan McCain obtained late last year. The loan was not directly secured by his potential access to public funds. But his agreement with the bank required him to reapply for public funds if he lost early primary contests and to use that money as collateral.

FEC Chairman David Mason has said McCain can only withdraw from public financing if he answers questions about the loan and gets the agency's permission. But the FEC has no quorum, in part due to disagreement between President Bush and the Democratic-controlled Senate over possible nominees.

McCain's lawyer, former FEC Chairman Trevor Potter, has said McCain did not encumber any money he would have received from the federal treasury. McCain and Potter have said he was entitled to withdraw without FEC approval and have cited as examples Democrat Howard Dean — now the party chairman — who withdrew from public financing during the 2004 presidential primaries.

DNC officials have said Dean, unlike McCain, did not have a loan that raised questions about his use of potential public funds.


TOPICS: Crime/Corruption; Government; Political Humor/Cartoons
KEYWORDS: democrats; election; financing; mccain
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What did you expect from them John?
1 posted on 04/13/2008 3:33:29 PM PDT by BGHater
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To: BGHater

The FEC will get around to it after the election - maybe.


2 posted on 04/13/2008 3:35:42 PM PDT by golfisnr1 (Democrats are like roaches - hard to get rid of.)
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To: BGHater

Desperate measures from desperate people. The more they pull this kind of whimpering crap the more desperate and pathetic they look. Hey Howie, have a steaming hot cup of STFU.


3 posted on 04/13/2008 3:37:09 PM PDT by infantrywhooah (Hold your nose and vote in November. Even McCain is better than the alternatives)
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To: BGHater

The funniest part of the story is the part that says the FEC can’t act because Democrats in the Senate are holding up Bush’s nominations, denying FEC the quorum needed.


4 posted on 04/13/2008 3:38:18 PM PDT by Nova442 ("Cry Havoc and let slip the Dogs of War.")
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To: BGHater
Bwahahahahahahahah Huang hahahahahahahahahaha Hsu hahahahahahahahahaha Riady hahahahahahahahahahahaha Liebrary and whorehouse fund hahahahahahahahahahahahahahaha Harry's real estate deals hahahahahahahahahahaha Nancy's no minimum wage in Samoa hahahahahahahahahahaha ... look who is talking!
5 posted on 04/13/2008 3:44:40 PM PDT by NonValueAdded (Who Would Montgomery Brewster Choose?)
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To: BGHater
I realize the future spending limits are the real issue, but you have to be a little amused by Democrats complaining that someone didn't take public money. I wish somebody would order me to take $5.8 million...or else.
6 posted on 04/13/2008 3:54:58 PM PDT by Billthedrill
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To: doug from upland

Hi Doug


7 posted on 04/13/2008 3:55:33 PM PDT by BulletBobCo
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To: BGHater
One of the "Final Five" for President;)
PicAttic.com
8 posted on 04/13/2008 3:56:07 PM PDT by Clear Rivers
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To: BulletBobCo

TOO FUNNY


9 posted on 04/13/2008 3:59:33 PM PDT by doug from upland (Stopping Hillary should be a FreeRepublic Manhattan Project)
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To: Clear Rivers; KevinDavis

McCain does look like Col Tigh. How funny.


10 posted on 04/13/2008 4:01:14 PM PDT by marajade (Yes, I'm a SW freak!)
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To: Billthedrill

I agree. The toughest restrictions on polital contributions I have ever seen/faced were over a lousy $25 I gave McCain. I had to accept a stringent agreement/legal document like nothing I have ever had to agree to just to donate money. If you doubt me, try giving him one buck.


11 posted on 04/13/2008 4:04:59 PM PDT by Lumper20
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To: Lumper20

Donate when and how to McCain? His website?


12 posted on 04/13/2008 4:07:28 PM PDT by marajade (Yes, I'm a SW freak!)
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To: BGHater

Should be quick ... he’s not getting any from the rank and file Conservatives. LOL


13 posted on 04/13/2008 4:09:04 PM PDT by VRWC For Truth (No mas Juan "Traitor Rat" McAmnesty)
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To: BGHater

From the Dim-O-Creeps!

14 posted on 04/13/2008 4:09:44 PM PDT by SandRat (Duty, Honor, Country. What else needs to be said?)
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To: VRWC For Truth

McCain has raised a lot of money lately, where is it all coming from if not conservatives?


15 posted on 04/13/2008 4:09:52 PM PDT by marajade (Yes, I'm a SW freak!)
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To: BGHater

Hah! Priceless. Wonder if we’ll see a McTantrum?


16 posted on 04/13/2008 4:10:36 PM PDT by Mamzelle (Time for Conservatives to go Free Agent)
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To: Mamzelle

Heh, does that come with a McFit?


17 posted on 04/13/2008 4:14:49 PM PDT by BGHater (It's easy to be brave from a distance.)
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To: marajade

He’s borrowed it ... also cut expenses.


18 posted on 04/13/2008 4:23:27 PM PDT by VRWC For Truth (No mas Juan "Traitor Rat" McAmnesty)
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To: BGHater
I guess the Dems aren't outraged at Obama's switch from public funding.

McCain Calls Obama "Flip-Flopper" on Public Financing

19 posted on 04/13/2008 4:29:41 PM PDT by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: BGHater

Hillary is running. Any inquiries in to illegal donations would find the highest probability of success (probably 99%+) right there. The Clintons have NEVER earned an honest dollar - and never will. As for McCain, yup, he’s still a Rino dork.


20 posted on 04/13/2008 4:34:21 PM PDT by Da Coyote
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