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Divided We Stand

Divided We Stand
New book about the 2020 election.

Sunday, March 31, 2013

Hillary Clinton and Amateur Super PACs

Politico reports that pro-Hillary super PACs have been forming.  With the possible exception of Ready for Hillary, most are amateur operations.
Super PACs have a great advantage in being able to raise unlimited sums of money,” said Jonathan Collegio, who works with the conservative groups American Crossroads and Crossroads GPS. “The problem is that if they’re not carefully managed, they can be used as platforms by hucksters to send business to their own companies, or pay themselves lucrative consulting contracts.”
Clinton is the only rumored 2016 candidate that’s attracting this level of attention — there are no active super PACs for Martin O’Malley, Andrew Cuomo, Paul Ryan or Marco Rubio, according to FEC records. Many members of Congress and presidential aspirants have leadership PACs that allow them to raise money for travel and other expenses, but they do not permit unlimited outside fundraising like super PACs.

“Look at all the amateur super PACs that have formed over the last few years,” said one Democratic strategist who has worked with super PACs and outside groups — and who did not want to be seen as criticizing the earnAest efforts of fellow liberals.
“I’m sure they’re all started by some very well-intentioned people, but most have simply fizzled,” the strategist said. “It’s hard to raise any kind of money without professional connections, not to mention keeping up with all the legal requirements necessary to stay in good standing.”
The FEC has been more active of late in killing un-super PACs.
It pulled the plug this month on more than 300 groups that never raised a dime, including the United States Billionaires Super PAC, the United States Department of Homeland Security Employees Super PAC and the American Stock Exchange Listed Companies Super PAC. Two dozen of them were created by one Florida man alone