Stephen Braun at the L.A. Times writes: The Swift Boat Veterans for Truth raised more than $25 million for media buys. Some of the money was donated in multimillion-dollar installments from reliable Republican fundraisers, including Texas businessmen T. Boone Pickens Jr. and Bob J. Perry. But last December, the group was fined almost $300,000 by the Federal Election Commission for exceeding spending limits and acting in concert with GOP campaign efforts. Wrong.Here is the December 13, 2006 Conciliation Agreement that sets forth the FEC’s findings (.pdf). In it, the FEC explicitly found that the Swift Vets did not act in...
