August 04, 2010 05:16 PM UTC

Roamanoff Campaign and PAC money, cont. updated

•  
• by: MADCO

update 1:

at 4:58 pm, Wed, 8.4.2010

I listened to the AR interview on The Caplis & Silverman Show (podcast here later today www.khow.com) and he stipulated that he has not taken PAC money in this campaign and will not.  Caplis was gone- Siverman was solo, and tried to ask about the DSCC and the fungibility of funds, but after a brief joke, they changed the subject.

I believe AR thinks that he can accept DSCC money and still honestly claim that he has not received PAC support.  I don’t believe that’s true – I agree with Pols that it’s “absurd.”  But I do believe AR believes it.

-_--_-_-_-_-_-_-_-_-_-_-_-_-_-

Yesterday the hot topic in the CO D US Senate primary was the news that despite railing against PAC money for the past 10 months, Romanoff’s campaign has no problem accepting PAC support, as long as it goes to some 3rd party first.

Politico has had the story – and numerous updates.  As of 8am (MDT) today, I believe they are up to update #4.

http://www.politico.com/news/s…

Campaign Romanoff has clarified, and re-clarified and re-clarified all night.  Now it’s starting to make sense how this could not be a gaint flip.

“We’d be willing to accept that, sure. I don’t think it is a significant part of what the DSCC raises overall, either. The DSCC doesn’t represent an industry or any group of industries or anything else. There’s no direct relationship,” Romjue said. “The percentage of PAC money they raise overall is low. We’re not going to unilaterally disarm.”

See- the percentage is low, and it’s not directly from the industries or groups or PACS donating.     Ohhhhh, sure…wait, what?

Percentage: DSCC estimated 20-25% of their 2010 donations have come from PACs.  And I agree this is relatively low, lower than I would have expected given all the talk about how the US Senate is for sale.

Senator Bennet’s PAC contributions have been  18.3% of his total fundraising.  The lowest percentage of anyone in CO Congressional delegation, except for Jared Polis who was able to largely self fund.

18.3% vs 20 to 25%.  I may need some help with the math, but it would appear that 18.3% is less than 20 to 25%.

As for the directness of the donations, well, that’s certainly a challenge.  How about if I create a campaign finance organization to receive PAC and industry donations that I redistribute to candidates as I see fit?  Then when I choose to support a candidate, they wouldn’t have to worry about getting PAC support direct from the PAC or industry. It would be form MADCO.  That would certainly make it clean, right?

Pfffft

AR1.0  PAC money is ok, even necessary

AR2.0 Sep 2009- Jul 2010 PAC is always bad

AR2.1 Aug 2010- tbd  PAC money is ok if the percentage of total money is low  and it’s only accepted through some 3rd party.

WWAR3.0D?