FEC looks to BAN 527's from getting Soft money

[1floridademocrat]

As they say...

"Rut Ro!"

http://www.washingtonpost.com/wp-dyn/articles/A61609-2004Jan29.html


The issue is this, if the FEC says the supreme court's decision on campaign finance applys to 527's as well.. so ANY MONEY AFTER 5000, (just like any other 3rd party group) would have to be returned.

And from my understanding, if the FEC makes this decision, the can enforce it as well.

This if it comes to pass.. is bad. Very very bad..

Means: 527's will have to send back a HUGE chunk of cash
Means: 527's will have almost no ability to impace the election, will be bound by the same ad/issue rules as more traditional groups.

It also means that anyone who DIDN'T drop out of matching funds can have some serious problems coming.

Hold out to your hats, I wouldn't be all that surprised if this decision by the FEC comes soon, REaL soon.