Bernie Sanders: Prolific Democratic Party Fund Raiser.

[UglyGreed]

14. Does Bernie

get the money back like Hillary seems to do???

The Alaska Democratic Party has collected more than $40,000 from a political committee tied to the presidential campaign of Hillary Clinton that raises money from billionaire donors, complicating the party’s message as it calls for campaign finance reform.

The party, in a monthly report filed Friday with the Federal Election Commission, said it raised $43,500 from the Hillary Victory Fund, with $10,000 donations from billionaires, including hedge fund manager S. Donald Sussman and Hyatt hotel heir J.B. Pritzker.

In the same report, the Alaska Democratic Party said it transferred an equal amount of money, $43,500, [back] to the Democratic National Committee -- a move that, while legal, helps to effectively “obliterate” federal limits on donations to the national committee, according to one campaign finance expert.

“It just becomes a way to give more to the DNC to support the Clinton campaign,” said Paul S. Ryan, deputy executive director of the Campaign Legal Center, which advocates for campaign finance reform. “It’s effectively Hillary Clinton’s team soliciting Hillary Clinton’s supporters for much bigger checks than they can give to the campaign -- knowing that every penny could be spent on the Clinton campaign.”

A Cuban-born sugar tycoon. A California-based registered foreign agent for the government of Sri Lanka. A Chicago billionaire.

All of them are recent large donors to the Maine Democratic Party via a complex fundraising scheme called the Hillary Victory Fund. The fund exploits recent court decisions and weakened campaign finance laws to maximize political contributions and funnel them to the Democratic National Committee.

[...]

But all the contributions haven’t stayed in Maine, or any of the other state Democratic parties to which Hillary Victory Fund donations have been funneled. Federal Election Commission reports show that the two October and November transfers totaling $39,000 from the Hillary Victory Fund to the Maine Democratic Party each sat for less than 48 hours with the party before the exact same amounts were transferred to the Democratic National Committee, or DNC.

[...]

While individual contributions to the state and national parties are capped, transfers between state and national committees are unlimited. That means that, effectively, donors can skirt contribution limits to the DNC or state parties by giving through joint fundraising committees like the Hillary Victory Fund.


http://www.dailykos.com/story/2016/1/9/1467700/-This-May-Be-The-Reason-Bernie-s-Not-Fundraising-for-the-State-Democratic-Parties