Posted on 05/19/2024 11:42:04 PM PDT by knighthawk
An under-the-radar change at the Federal Election Commission (FEC) could allow 'unlimited' foreign money to flow into elections, election experts have warned.
The FEC issued an advisory opinion earlier this month that allows federal candidates for office to solicit unlimited funds from anywhere for groups working for state ballot initiatives.
That means if President Joe Biden is raising money for a state referendum on abortion, there are no limits to the donations he can request. If Donald Trump is raising money for a group to oppose such a referendum, the same would go for his campaign.
(Excerpt) Read more at dailymail.co.uk ...
As we continue the slide into 3rd world status.
Developing nations often have rampant corruption, relatively high food prices (to the poor not rich foreigners), poor quality education , crime…gee how much more plain can it be? We are regressing.
Trump and Biden-backed state efforts for the 2024 presidential election could see ‘unlimited’ foreign money thanks to a little-known FEC rule change
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I suppose that goes with the almost unlimited foreign invaders under Biden.
This is a gold mine for the Media Overlords. Obviously digital and conventional media are the most desired outlets for candidates, and by law when a candidate’s campaign OR a third party buys an ad schedule must be paid up front in cash. Granted they buy at the lowest “rate card” rate but everything during political season is oversold. The nets, stations and digital platforms sit back and watch the cash flow in….
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