Fredipedia: The Definitive Fred Thompson Reference
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You finally made it! You’ve been missing out on some serious fun.
It is a rare treat that the powers that be leave us such a wonderful toy...
I hit the sack early and miss out on all the fun. Sheesh!
BTW, I’d question the correlation between ‘raising’ $72K in campaign donations, and the limit on ‘spending’ over $5k being problematical. Also, if he enters the race in September, as we all expect, and has to file his quarterly report on 10/1, then where’s the issue? It seems to me Fred’s within the ‘quarterly’ window of opportunity here. Anybody? Am I wrong?
The person becomes a candidate (in the eyes of the government once he exceeds $5k in contributions/expendatures. For me, the telling paragraph is: "For example, Mr. Jones is interested in running for Congress but is unsure whether he has enough support within his district to make a successful bid. He therefore accepts up to $2,300 from each of several friends to pay for an opinion poll. The results of the poll indicate good name recognition in the community, and Jones decides to run. On the first report Jones files after he becomes a candidate (i.e., after he either receives contributions or makes expenditures which exceed $5,000), his committee must report the donations from his friends as 'contributions' and the costs of the poll as 'expenditures.'"
Fred's filing (according to Lane Hudson was with the IRS: $3,400,000 for his campaign committee, and $72,000 earmarked for the campaign. But Fred has until October 1 to file with the Federal Election Commission. That's when the quarter ends and when he must file, as all candidates must. Thus, I think Hudson has the cart before the horse.
I'm no lawyer; certainly no one familiar with campaign finance laws. But this brochure is pretty clear and specific. And I can't see the problem. Anyone else out there who can add to this?