Posted on 10/01/2005 12:06:55 PM PDT by InvisibleChurch
Saturday, Oct. 1, 2005 10:35 a.m. EDT FEC: Nancy Pelosi's PACs Broke the Law
Two political action committees linked to House Minority Leader Nancy Pelosi have been charged with attempting to circumvent to legal limits on campaign giving, the Federal Election Commission has ruled.
According to the March 2004 FEC finding, Pelosi appears to have violated the same kind of arcane campaign finance regulation that spurred the indictment of House Majority Leader Tom DeLay this week.
The San Francisco Chronicle explained at the time:
"The FEC ruled that two Pelosi political action committees created to help Democrats in the 2002 elections were related instead of being independent and therefore violated a rule against giving more than the maximum $5,000 annual contribution."
Mr. DeLay, by then under investigation for his own campaign finance problems, reacted sharply to the news about Pelosi's campaign finance irregularities, saying: "She has violated the law. It's in the facts."
Pelosi operated two PACs: Tean Majority and PAC to the Future.
According to the Pittsburgh Tribune-Review, Team Majority reported 16 contributions of $5,000 each from donors who had already given the maximum to Pelosi's other PAC. Five of the donors gave to both PACs on the same day.
Rather the refer the case to the Justice Department for prosecution, however, the FEC allowed Pelosi's two committees to negotiate "conciliation agreements" under which they were fined a total of $21,000.
Pelosi Facing Federal Probe of PAC Fundraising ^
11/15/2002
http://www.freerepublic.com/focus/f-news/790022/posts
Pray for W and Our Freedom Fighting Troops
I want that woman pilloried, drawn and quartered, run out of town on a rail - whatever can be arranged. Not because she's guilty but because she was probably the nastiest of all dim pols re Delay and the "corruption of the GOP".
She also deserves whatever she gets for being just plain STUPID. She had to know she was being investigated for the same allegations.
Just like junketgate - she was the first to demand Delay's head and then we learned that he at least had filed the proper paper work while she had taken trips on lobbyist/special interest tabs but was too dumb to file properly. From now on whenever "Miss America" accuses her political enemies of anything we can be sure it's something she's doing.
How far the house dims have fallen to exchange Gephardt for that. She makes Blank-O look like Maggie Thatcher.
Wonder if Russert will have Pelosi on and ask her the hard questions. NOT!!
This is the last place you'll ever see this article again. This will be uber-zotted by the MSM as fast as a Marxist illiterati is on a Breaking News post.
bookmarking
Bid Earle in Texas is a State DA with a vendetta.
Big difference.
Of course, Pilosi is a hypocrite!
Libs can't stand the thought that Americans might hear about Saddam's crimes.
No good deed goes unpunished.
Sauce, Goose, Gander.
You've missed DeLay's larger point here. If he's going down for this kind of "laundering," everybody in Congress who does it is going down--and a lot more Dems do it than Reps.
LOL! Thanks, Norms.
No, you have to leave the laws prohibiting foreign campaign contributions.
The double standard is in how the MSM treats various players, OBVIOUSLY UNFAIRLY.
The old saying applies....."Those who live in glass houses shouldn't throw stones"!
Okay, I'll grant you that one, but it still leaves the same problem.
Foreigners can't invest in US elections.
Foreigners can give money to US individiuals.
US Individuals can give money to campaigns.
I'm not saying that foreign interests should be allowed to donate. I just don't see a way around this sort of loophole.
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