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meow2u3

(24,761 posts)
Tue Mar 27, 2018, 12:33 PM Mar 2018

NRA admits moving money from accounts with foreign donations to US campaign accounts

The National Rifle Association acknowledged this week that it has moved money from accounts with foreign donation to accounts that are used for spending on U.S. political campaigns. The organization insists the transactions are “permitted by law.”

After it was announced that special counsel Robert Mueller was investigating whether the NRA was used to funnel Russian money into Donald Trump’s presidential campaign, Sen. Ron Wyden (D-OR) asked the gun group to prove that the allegations were untrue.

NPR reported on Tuesday that the NRA admitted in a letter to Wyden that “we do receive some contributions from foreign individuals and entities,” but it also insisted that “those contributions are made directly to the NRA for lawful purposes.”

According to NPR, “the movement of its money between accounts could make it difficult, if not impossible, to track how the money is spent since it is not isolated or sequestered.”

https://www.rawstory.com/2018/03/nra-admits-moving-money-accounts-foreign-donations-us-campaign-accounts/

40 replies = new reply since forum marked as read
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NRA admits moving money from accounts with foreign donations to US campaign accounts (Original Post) meow2u3 Mar 2018 OP
lock em up crazycatlady Mar 2018 #1
Oh yes,so busted. Wellstone ruled Mar 2018 #2
Russian mob money. -nt poboy2 Mar 2018 #3
This is clearly money laundering to hide foreign contributions to campaigns blake2012 Mar 2018 #4
Their punishment needs to be Office Space! Initech Mar 2018 #37
That is illegal I believe as we watch the congressional watchdogs look the other way. spanone Mar 2018 #5
All the more reason to vote for ANY democrat NO MATTER WHAT Eliot Rosewater Mar 2018 #10
And watch out for the recent "cross-overs" - those that have "found the truth" erronis Mar 2018 #25
Ahem... Elizabeth Warren continentalop2 Mar 2018 #27
An organization can't use its own lack of tracking to say it's not guilty More_Cowbell Mar 2018 #33
Fucking yes, lock em up njhoneybadger Mar 2018 #6
Tom Emmer (R MN-6) says if you can not prove it you are doing something illegal Angry Dragon Mar 2018 #7
Weird they would admit this at this stage. Eliot Rosewater Mar 2018 #8
It's just so confusing! gratuitous Mar 2018 #9
"SOME CONTRIBUTIONS" Seems to need clarification. Are they 2,000 $5 ones or twenty $10 Million ones? TheBlackAdder Mar 2018 #11
Breaking: nra insists money laundering is perfectly legal unblock Mar 2018 #12
+1, looks like the Russian way uponit7771 Mar 2018 #19
The NRA tax exempt status needs to vanish. 2019 is going to be full of House investigations. sarcasmo Mar 2018 #13
First they denied it, though. louis-t Mar 2018 #14
That's fundamentally disloyal to America and American democracy. Achilleaze Mar 2018 #15
Corruption! UCmeNdc Mar 2018 #16
Dems should pounce on this in an effort to kill the NRA SpankMe Mar 2018 #17
Speaking of acorn, why don't we demand they be brought back. rainin Mar 2018 #24
So to early for "Lock them up"? cstanleytech Mar 2018 #18
Money is fungible. They can divert dues to campaigns if foreign money pays other stuff. Bernardo de La Paz Mar 2018 #20
Damn - you beat me to the fungibility issue :-( (nt) matt819 Mar 2018 #23
Naive DUers - always remember NewJeffCT Mar 2018 #21
Money is fungible matt819 Mar 2018 #22
Yeah.....Is this legal???? LeftInTX Mar 2018 #29
Well this $ucks: LeftInTX Mar 2018 #32
Deep proctological forensic accounting looms in the NRA's future. mulsh Mar 2018 #26
Criminals JDC Mar 2018 #28
What if NRA money did end up in the Trump campaign?... Stuart G Mar 2018 #30
Why isn't the Media reporting this? UCmeNdc Mar 2018 #31
The NRA + Money Laundering peggysue2 Mar 2018 #34
Fine them into oblivion!! . . . . n/t annabanana Mar 2018 #35
Wow! Just, wow. spicysista Mar 2018 #36
Oh, and send a $30M contribution directly to the NRA for lawful purposes. Marcuse Mar 2018 #38
I wonder about THE evangelicals who are pals with Putin and the NRA. BigmanPigman Mar 2018 #39
Wyden is brilliant. Amaryllis Mar 2018 #40
 

blake2012

(1,294 posts)
4. This is clearly money laundering to hide foreign contributions to campaigns
Tue Mar 27, 2018, 12:36 PM
Mar 2018

If this is not illlegal for some fucktastic reason, then Congress better be working on better accountability for 503(c) organizations and other entities to keep this from being a pass through of foreign campaign contributions.

Initech

(100,068 posts)
37. Their punishment needs to be Office Space!
Tue Mar 27, 2018, 03:13 PM
Mar 2018

"If we get caught money laundering, we're not going to white collar resort prison!"

spanone

(135,830 posts)
5. That is illegal I believe as we watch the congressional watchdogs look the other way.
Tue Mar 27, 2018, 12:38 PM
Mar 2018
According to NPR, “the movement of its money between accounts could make it difficult, if not impossible, to track how the money is spent since it is not isolated or sequestered.”


DUH

Eliot Rosewater

(31,109 posts)
10. All the more reason to vote for ANY democrat NO MATTER WHAT
Tue Mar 27, 2018, 12:41 PM
Mar 2018

And to PUSH back VERY HARD at ANYONE suggesting anything else.

erronis

(15,241 posts)
25. And watch out for the recent "cross-overs" - those that have "found the truth"
Tue Mar 27, 2018, 01:47 PM
Mar 2018

I'll forgive a few early transgressions in their 20's/30's. But if some 'uglican decides that s/he has decided to join the forces of liberalism I'd tell them to find another boat.

We really need strong democrats that believe in the people first, the country, and the wellness of the world. Fortunately we can look at a lot of peoples' histories and find out if they've been consistent on the issues we care about.

 

continentalop2

(29 posts)
27. Ahem... Elizabeth Warren
Tue Mar 27, 2018, 01:57 PM
Mar 2018

I can't understand why so many see her as a progressive savior. I personally don't trust her. Voted Republican until age 46!

More_Cowbell

(2,191 posts)
33. An organization can't use its own lack of tracking to say it's not guilty
Tue Mar 27, 2018, 02:30 PM
Mar 2018

The NRA should have been sequestering that money all along.

Why should anyone in another country be interested in funding the NRA?

Eliot Rosewater

(31,109 posts)
8. Weird they would admit this at this stage.
Tue Mar 27, 2018, 12:40 PM
Mar 2018

Has Mueller already busted them so to speak on this as in he knows they are so they have no choice but to tell the truth?

Remember, NRA, GOP, KGB, etc., all the same thing when it comes to many things including the truth.

gratuitous

(82,849 posts)
9. It's just so confusing!
Tue Mar 27, 2018, 12:40 PM
Mar 2018

"Money comes in, money goes out. We don't track it, and if there's an extra few million in the bank that we want to spend on political campaigns, who can say for sure where it came from? Money's money, amirite?"

A pretty convincing argument for anyone who doesn't know what the regulations and standards are for, say, unions. Unions have to account for every penny they get in dues from members and non-member fair share payers. Every expenditure is defined down to a gnat's eyelash so that fair share payers (workers in a bargaining unit who suck up all the benefits of union representation but refuse to pay for expenditures deemed to be not a direct benefit to workers, like political or lobbying activity) get a full refund on any portion of their dues not spent directly on worker benefits, including the expenses of keeping track of those expenditures.

If unions can do it, why can't the NRA?

SpankMe

(2,957 posts)
17. Dems should pounce on this in an effort to kill the NRA
Tue Mar 27, 2018, 01:24 PM
Mar 2018

Republican outrage killed ACORN and threatens other left-leaning entities for trivial issues.

Dems need to go ACORN on Repubs and get the NRA. It should be a blitzkrieg.

Bernardo de La Paz

(49,001 posts)
20. Money is fungible. They can divert dues to campaigns if foreign money pays other stuff.
Tue Mar 27, 2018, 01:36 PM
Mar 2018

So, effectively foreign money funds campaigns.

And the NRA is so brazen and craven that they mix the money regardless.

Bottom line, what is foreign money buying by "donating" to a US national organization?

matt819

(10,749 posts)
22. Money is fungible
Tue Mar 27, 2018, 01:43 PM
Mar 2018

So. . . I think one possible (likely? definite?) conclusion is that every foreign contribution was transferred to American campaigns. Foreign contributions to American election campaigns is illegal.

Sure, there are loopholes, but I'm hoping that DOJ and FEC lawyers are smarter than NRA lawyers.

Can't put my hands on the penalties for these violations.

LeftInTX

(25,305 posts)
32. Well this $ucks:
Tue Mar 27, 2018, 02:26 PM
Mar 2018
The NRA has twice been challenged by the FEC for illegally moving corporate funds to its PAC. In 1983, the NRA signed a consent decree declaring that it would “no longer spend corporate funds in connection with any federal election” and would limit its “partisan communications” to members. Eight years later, in 1991, U.S. District Court Judge Stanley Sporkin held that a $415,000 payment by corporate NRA to the PVF was an “illegal contribution” in violation of the Federal Election Campaign Act. But an appeals court ruled that the FEC as then constituted lacked authority to enforce the law. https://www.yahoo.com/news/guns-and-money-calls-mount-to-probe-nra-finances-117704361976.html


So, how are campaign laws enforced if they can't be enforced by the FEC?

Stuart G

(38,421 posts)
30. What if NRA money did end up in the Trump campaign?...
Tue Mar 27, 2018, 02:14 PM
Mar 2018

If illegal money has ended up in the Trump campaign, then Mueller probably knows about it now. Why say that?
Because that team of investigators has specialties in many fields. Money laundering is one those specialties. If the NRA did launder money to the Trump campaign, and Mueller has access to that info,...(which I think he does have) then Mueller and Co. have already looked at it. Do you think that the "Trump Campaign" has been looked at by Mueller and Co.?....I think so!!

BigmanPigman

(51,590 posts)
39. I wonder about THE evangelicals who are pals with Putin and the NRA.
Tue Mar 27, 2018, 03:37 PM
Mar 2018

If those three are doing anything with money, the US campaigns, and "donations" and are linked together than you know it is 100% corrupt.

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