Campaign Loans – an Ethics Conflict?
As you look through the various campaign and campaign committee filings, one thing stands out. The number of candidates who are making loans to their campaigns as opposed to simply direct contributions. This essentialy guarantees that the candidate will raise money and repay themselves with an appropriate rate of interest. The campaign then becomes less of a matter of doing it in the public interest and more of an investment with a guaranteed rate of return. Think of it as a short term CD without the bank’s insurance. If you truly believe what you are doing is right then do it without the expectation of public payback.
You must be logged in to post a comment.
BY: joe_burly
IN: Wednesday Open Thread
BY: MichaelBowman
IN: Wednesday Open Thread
BY: 2Jung2Die
IN: Wednesday Open Thread
BY: JohnInDenver
IN: Wednesday Open Thread
BY: MichaelBowman
IN: Wednesday Open Thread
BY: MichaelBowman
IN: Wednesday Open Thread
BY: MichaelBowman
IN: Wednesday Open Thread
BY: MichaelBowman
IN: Wednesday Open Thread
BY: Thorntonite
IN: The Republican Field for Congress in CO-08
BY: bullshit!
IN: Speaker Johnson Frowns On Dave Williams’ Primary Chicanery
Subscribe to our monthly newsletter to stay in the loop with regular updates!
Very true!! And important thing is that there is a guaranty that the candidate will raise money and repay themselves with an appropriate rate of interest.
Holiday Inn Club Vacations at Lake Geneva Resort