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do you think Kerry will opt-out of public financing?

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pruner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:12 AM
Original message
Poll question: do you think Kerry will opt-out of public financing?
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burr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:27 AM
Response to Original message
1. You left out a choice...
he has already decide to opt-out...and is just deciding how to spin it.

His wife will become the big source of campaign dole once this happens. The only thing which would stop him from opting-out...deciding to throw in the towel on his race for President.

But somehow I doubt Kerry is planning to quit!!
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La_Serpiente Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:32 AM
Response to Reply #1
2. He cannot use his wife's treasure chest
of 450,000 million dollars.

But I am sure she can use hers for other purposes.

http://www.lasvegassun.com/drudged/060404635.html

++++++++++++++++++++++++++++++++++++++++++++

Wife's Fortune Out for Kerry's Campaign
By SHARON THEIMER
ASSOCIATED PRESS

WASHINGTON (AP) -

John Kerry has concluded that federal law bars him from tapping any of his wife's vast Heinz investment fortune for his presidential campaign, removing an arsenal of cash that some Democrats hoped he could use to counter President Bush's fund-raising prowess.

Teresa Heinz Kerry's holdings have been estimated at $550 million or more, putting her among the 400 richest Americans on Forbes magazine's list last year.

Federal campaign law stipulates that assets solely under the control of Heinz Kerry, including those reported on Kerry's recent Senate disclosure form, can't be used for the Massachusetts Democrat's presidential campaign, campaign spokesman Robert Gibbs said.

Bush is expected to raise a record $200 million or more for his re-election bid. Kerry raised about $7 million from January through March, the most recent figures available.

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burr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:45 AM
Response to Reply #2
3. I "think" he can if he opts-out of accepting public financing...
Edited on Wed Nov-12-03 01:46 AM by burr
then the individual contribution limits would no longer apply to his campaign, and he could get limitless sums of money from any single person.
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pruner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:47 AM
Response to Reply #3
4. not true
EVERY individual is limited to $2,000.
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Feanorcurufinwe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 12:25 PM
Response to Reply #4
6. Right, she can only contribute $2000 to the campaign.The rest of her money
she can spend how she likes -- environmental causes have been the biggest thing so far but if she wants she can by advertising to promote any issue she wants -- whether or not Kerry takes public financing.

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robsul82 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-12-03 01:50 AM
Response to Reply #1
5. Exactly. Just figuring out the spin.
NOT HOWARD DEAN!!!!!!!!!!!!!! will not quit, he'll try the opting-out. Won't work, but eh.

Later.

RJS
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