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View Full Version : Foreign Cash Disqualifies Romney from Presidential Bid?



Locke
08-13-2012, 03:32 PM
This is directed more at James and Tetra, since they are the most well-versed in this field. Of course, if anyone else has any insight, it would be very much appreciated.




No other American presidential candidate has ever left the US to garner campaign contributions from foreign citizens.

There is a reason for this, one Romney and his staff seem oblivious to and the mainstream media has ignored.

Using foreign contributions in any American election is a felony.

http://www.veteranstoday.com/2012/08/12/foreign-cash-disqualifies-romney-from-presidential-bid/

I don't know much about this area, so I can't comment on how true this is. I was hoping someone with a more in depth understanding of Political Science could weigh in. The source is reputable, and tends to lean conservative in my experience, so anyone who thinks this is "liberal media BS" *coughsnakeoilsellercough* would be off base. It's an interesting read regardless...

Tetragrammaton
08-13-2012, 03:46 PM
Both have been aggressively courting Americans living abroad, raising money to pay for what may be the most expensive election in U.S. history and galvanizing a largely untapped group of eligible voters.

The practice is legal and has been used for decades, said former Federal Election Commission Chairman David Mason.


Obama has raised nearly $600,000 from Americans abroad while Romney has brought in about $325,000, according to campaign finance records analyzed by the Center for Responsive Politics. Those figures don't include sums raised overseas by the Democratic and Republican party committees or Romney's take from fundraising in London during his visit there last week.

http://www.foxnews.com/politics/2012/07/30/obama-romney-look-overseas-for-campaign-cash/

Locke
08-13-2012, 03:48 PM
http://www.foxnews.com/politics/2012/07/30/obama-romney-look-overseas-for-campaign-cash/

Thanks man. I asked around and couldn't get a straight answer. This is legal assuming that they are U.S. citizens living abroad? I'm assuming it would be an issue if foreigner donors were the ones providing the contributions...?

Tetragrammaton
08-13-2012, 03:56 PM
It is all very murky.


It was generally agreed in the 2012 campaign that the formation of a super PAC and the acceptance of large contributions was legal. However, a lingering question was whether super PACs are legal when examined on the basis of how they act. Two agreed-upon illegal actions that a super PAC could not make were to accept foreign funds and to coordinate directly with a candidate. Super PACs were seen in the press as a ready vehicle to allow the easy disguise of illegal foreign donations from both individuals and overseas companies.[61] (http://en.wikipedia.org/wiki/Political_action_committee#cite_note-60) The concept of actions being illegal, when coordinated with a candidate, came out, in part, after a super PAC named American Crossroads requested permission to communicate to their favored candidate on an above-board basis. Federal Election Commission (http://en.wikipedia.org/wiki/Federal_Election_Commission) Program Director Paul S. Ryan's response was that “the Supreme Court has long recognized the importance of contribution limits to preventing corruption, and that expenditures coordinated with candidates must be treated as contributions in order to prevent easy circumvention of the limits."[62] (http://en.wikipedia.org/wiki/Political_action_committee#cite_note-61)

http://en.wikipedia.org/wiki/Political_action_committee

But Obama does it too.


Millions of foreign nationals are being directly solicited by Barck Hussein Obama to contribute to his re-election campaign. Obama is so desperate to win the upcoming fall election that he is now mass email soliciting foreign nationals – in violation of US Federal election law which expressly forbids soliciting, accepting or receiving contributions or donations from foreign nationals.
The Federal Election Commission (http://www.fec.gov/pages/brochures/foreign.shtml) states: “The ban on political contributions and expenditures by foreign nationals was first enacted in 1966 as part of the amendments to the Foreign Agents Registration Act (FARA) (http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=browse_usc&docid=Cite%3A+22USC611), an “internal security” statute. The goal of the FARA was to minimize foreign intervention in U.S. elections by establishing a series of limitations on foreign nationals. These included registration requirements for the agents of foreign principals and a general prohibition on political contributions by foreign nationals. In 1974, the prohibition was incorporated into the Federal Election Campaign Act (the FECA), [HTML (http://www.fec.gov/law/feca/feca.shtml)] [PDF (http://fecds005.fec.gov/law/feca/feca.pdf)] giving the Federal Election Commission (FEC) jurisdiction over its enforcement and interpretation.”



http://presscore.ca/2011/?p=6842

Eshlemon
08-13-2012, 04:12 PM
If actually caught in the "felony", the candidates will do as all running previously. Oops gosh darn it, it was a mistake, we're sending the money back.

http://www.finheaven.com/images/imported/2012/08/officer_barbrady_move_along_sm-1.jpg

Tetragrammaton
08-13-2012, 04:21 PM
All of these different corporations are international anyway, so it would be hard to prove in many cases.

Locke
08-13-2012, 05:09 PM
All of these different corporations are international anyway, so it would be hard to prove in many cases.

That's a good point I hadn't considered. With the way most of the corporations are structured, they could all be considered foreign in one way or another...

Eshlemon
08-13-2012, 05:22 PM
All of these different corporations are international anyway, so it would be hard to prove in many cases.

Whether its a multi-national company or anybody with multiple citizenships their internationalization doesn't make them illegetimate.