527 groups fall under a section of the Internal Revenue Code governing organizations that primarily attempt to influence election campaigns. Until recently, the section applied to political committees (such as candidate or party committees) that contributed to, or otherwise directly supported or opposed candidates. In the case of federal elections, such committees are subject to federal election law limits on amounts and sources of contributions. However the newer so-called '527s' do not (1) use 'magic' words that expressly advocate someone's election or defeat, and/or (2) directly subsidize federal campaigns themselves. Therefore, lawyers have successfully argued to the Federal Election Commission, they are exempt from the restrictions of federal campaign law and allowed to collect soft money which is unlimited donations from corporations, unions and wealthy individuals.
"There are basically two kinds of 527s active in federal politics: those that exist to promote certain politicians (which Public Citizen calls 'politician 527s') and those that exist to promote certain ideas, interests and partisan orientations in election campaigns. (Public Citizen calls these 'non-politician 527s')...
"Politician 527s generally serve as soft money arms of 'leadership PACs,' which incumbents use to aid other candidates and otherwise further their own careers. Like the campaign committees of members of Congress, leadership PACs can receive only 'hard money' contributions, which are limited in amounts and may not come directly from corporations or unions. Politician 527s use their soft money mainly to sponsor events that promote their own careers, help create a 'farm team' of successful state and local candidates, and spur partisan 'get-out-the-vote (GOTV)' efforts.
Many thanks for explaining this. Bad stuff.
527 groups fall under a section of the Internal Revenue Code governing organizations that primarily attempt to influence election campaigns.
I do not want a president who considers propaganda his main job. Likewise, I do not believe that wisdom resides in the federal government, so I don't ant them presuming to tell us what to eat, etc. What we really need is a news gathering service that is not focused on the negative and reports both pluses and minuses. Even Rush lets the Dems set the agenda by following the AP.