Posted on 02/16/2012 2:36:56 PM PST by Cincinatus' Wife
It’s not unusual for candidates to use leftover cash from aborted campaigns to form political action committees. But traditionally politicians have opted for so-called leadership PACs that allow them pay for political staff, travel the country and dole out contributions to favored candidates – all of which helps them keep themselves in the political spotlight and curry favor for potential future runs.
Super PACs, which were spawned by a 2010 federal court ruling, could be used to maintain a political staff and fund a politician’s travel, but not to make donations to candidates. On the other hand – unlike leadership PACs, other more traditional PACs or campaign committees – super PACs can accept unlimited contributions from individuals, corporations and unions. Conceivably, a Perry super PAC could accept huge contributions from wealthy donors and their companies and spend that cash on ads supporting Gingrich or other allied candidates.
(Excerpt) Read more at politico.com ...
I would love to see Newt pick Perry as VP - for his common sense, patriotism and experience as Gov of Texas. Eight years under Newt’s tutelage in the workings of DC and Perry would be an unbeatable candidate for Potus in 2020.
Just think of the individual assets they would unleash on America - for the common good and our grandchildren’s future.
How I hope I will have the opportunity to cast a vote for this man one day-—for president of the United States.
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