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To: GretchenM

Yes Gretchen I think they are the same we also have chocolate one and also different make but lemon ones as well.

Have read press briefing re President Bush requesting McCain assist him with 527s what does this actually all mean as someone in England I really do not understand what the 527s are and what McCain has to do with some Bill regarding them etc can you please explain sorry for my ignorance.


515 posted on 08/26/2004 11:28:04 AM PDT by snugs (An English Cheney Chick)
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To: snugs; Miss Marple
I'm pinging Miss Marple to my reply as I think she can give you a better answer than I have included below.

with 527s what does this actually all mean as someone in England I really do not understand what the 527s are and what McCain has to do with some Bill regarding them etc can you please explain

When President Bush signed the McCain-Feingold Campaign Finance Reform bill, he and Congress made the way for organizations to produce political ads that are not regulated by the same laws in making these ads that regulate the democrat and republican parties. I think 527 refers to some section of our Internal Revenue Service tax code; in any event, it is the umbrella name for groups like the Swift Vets, and George Soros' MoveOn.org, enabling them to make political ads without having the same financial accountability as the political parties.

The law created a loophole, 527's, that have allowed unlimited millions of dollars to be used to blast President Bush (and they have been used; something over $60 M to date), AND the Swift Vets for Truth incorporated under the 527 umbrella.

Kerry didn't have any complaints about the use of 527's till the Swift Vets for Truth aired its first ad. Now he's whining all over the place that Bush needs to condemn and make the Swiftees remove that ad, which Bush has absolutely no authority to do, and the Federal Elections Commission has refused to make them stop exercising their free speech. Kerry is NOT calling for the removal of the Bush-bashing ads.

Bush's strategy is to stop the 527's insofar as they use unregulated money.

Anyone, please correct any inaccuracies in the above.

518 posted on 08/26/2004 11:48:08 AM PDT by GretchenM (A country is a terrible thing to waste. Vote Republican.)
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