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To: ElayneJ
Although many on the site do not believe this, unspent campaign funds become the property of the successful, or unsuccessful candidate's campaign organization, which if it's properly and legally set up (and they always are) means the money is under the control of the candidate.

E.G., Democrats are still mad that John Kerry (remember him?) glommed over $17Million in unspent campaign funds, which they felt should have been used in a last minute blitz. He also kept valuable research data such as High tech electronic donor lists. The money was not shared with other Democrat candidates and the data is actually sold to other Democrats.

Politics can be a very lucrative business. The present POTUS has huge campaign funds, perhaps as much as $250 Million, under his direct personal control. If he wants to hire million-dollar lawyers to cover his trail, ain't nobody to stop him.

14 posted on 04/23/2009 6:07:58 AM PDT by Kenny Bunk (The Election of 2008: Given the choice between stupid and evil, the stupid chose evil.)
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To: Kenny Bunk

I’d like to think we could prohibit this practice so candidates would not make money from campaigning. But maybe that’s not realistic. In any case, obama’s campaign continued to ask for donations after the election was over. Maybe they’ve stopped by now - I’m not sure. That can’t be legal, can it?


21 posted on 04/23/2009 6:28:28 AM PDT by ElayneJ (q1`dsz)
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