‘Young Turks’ Reveals How DNC and 33 States Used Loopholes to Funnel Millions Into ‘Hillary Fund’

[silvershadow]

According to Counterpunch and Cenk Uygur, the host of Young Turks, the DNC and different states’ Democratic parties have long been funneling money into Hillary Clinton’s campaign, otherwise known as “laundering by the millions.” Counterpunch explains:

In August 2015, at the Democratic Party convention in Minneapolis, 33 democratic state parties made deals with the Hillary Clinton campaign and a joint fundraising entity called the Hillary Victory Fund. The deal allowed many of her core billionaire and inner circle individual donors to run the maximum amounts of money allowed through those state parties to the Hillary Victory Fund in New York and the DNC in Washington.

No one had cast a single vote yet in the Democratic primary. “Not only had we not decided who the Democratic nominee was in August of 2015, we still haven’t decided,” Cenk Uygur pointed out on Monday. “But back then, the DNC already made their decision.”

The DNC was so positive Hillary was going to be the nominee that it began a process of actively funneling money to her campaign. At the same time, it convinced 33 Democratic state parties to go along with the plan. Counterpunch states:The idea was to increase how much one could personally donate to Hillary by taking advantage of the Supreme Court ruling 2014, McCutcheon v FEC, that knocked down a cap on aggregate limits as to how much a donor could give to a federal campaign in a year. It thus eliminated the ceiling on amounts spent by a single donor to a presidential candidate.
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more: http://www.truthdig.com/avbooth/item/young_turks_reveals_how_dnc_and_33_states_used_loopholes_hillary_20160406

[think]

1. From NPR: "How Hillary Clinton Could Ask A Single Donor For Over $700,000"

How Hillary Clinton Could Ask A Single Donor For Over $700,000

By Peter Overby - December 23, 20155:03 AM ET
Heard on Morning Edition

Earlier this month, Hillary Clinton attended her first event for an organization called the Hillary Victory Fund. About 160 guests attended, and the event grossed more than $5 million.

The Hillary Victory Fund is a joint fundraising committee for Hillary for America, the Democratic National Committee and the Democratic committees of 32 states and Puerto Rico.

DNC spokesman Eric Walker said the victory fund's mission is to win more than just the White House. "We do not want it to be a lonely victory for the Democratic nominee, who is eventually going to win the presidency," he said.

Presidential candidates have always looked for legal ways to get more campaign cash. In 2008, for instance, the Obama operation asked big donors to give around $30,000, just hitting the legal limits for giving to the campaign, DNC and related committees combined.

~Snip~

This year, by comparison, Hillary Clinton's organization can ask donors to give nearly three-quarters of a million dollars each. Here's how it works:

Donors who are rich — and willing — can give $5,400 to the Clinton campaign, $33,400 to the Democratic National Committee and $10,000 to each of the state parties, about $360,000 in all. A joint fundraising committee lets the donor do it all with a single check...

http://www.npr.org/2015/12/23/460762853/how-hillary-clinton-could-ask-a-single-donor-for-over-700-000

[FreakinDJ]

2. Not some one we need in office

[NCjack]

3. How very Clintonian. /nt

[brooklynite]

4. Tell me: what is your real complaint here?

Is it having a Joint-Fundraising Agreement with the DNC and State Parties? (hint: Bernie has one as well)

Is it the idea that some people have enough money to give to the DNC and State Parties (hint: you aren't, and we DON'T have 100% publicly funded campaigns, and the Party needs money for the Election, so what's your solution?)

Is it the idea that money is being funneled to Hillary's campaign (hint: it's not. the DNC and State Parties can ONLY give a MAXIMUM of $5,000 to her campaign).

[AzDar]

5. Shady Lady...

[Land of Enchantment]

6. Unbelievable.

So the fix was in going all the way back to summer of 2015. The DNC, Debbie et al found a way to funnel money to the candidate of their choice (Hillary) and take the super delegates from 33 states along with them. No wonder the SD's aren't following the will of the voters--they were a lock before the primary/caucus season began. Jesus.

[NobodyHere]

7. Why did they name a liberal news organization after a genocidal regime?