"Sue? Not a chance. The SBV's have to quit advertising after Sept. 2, IIRC, but a lawsuit would keep this in front of the news for the foreseeable future. Kerry is trapped"
I understand that:
527's are NOT subject to the 60 day electioneering communications limitation.
http://www.fec.gov/pages/brochures/electioneering.htm
Hmm... this might explain why we haven't heard anything from the Joint Victory Committee and a few other 527's that Bing and the rest of the money men are backing.
“527” Organizations
The prohibition against the use of corporate funds to make or finance electioneering communications does not apply to certain organizations incorporated under 26 U.S.C. §527.
Incorporated state party committees and state candidate committees registered as “527” organizations are exempt from the corporate prohibition provided that the committee:
Is not a political committee, as defined at 11 CFR 100.5;
Incorporates for liability purposes only;
Does not use any funds donated by corporations or labor organizations to fund the electioneering communication; and
Complies with the FEC’s reporting requirements for electioneering communications. 11 CFR 114.2(b)(2)(iii).
Unincorporated, unregistered “527” organizations may also make electioneering communications, subject to the disclosure requirements and the prohibition against corporate and labor funds.