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Thread: Firm gives $1 million to pro-Romney group, then dissolves(edited)

  1. #21
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    No attempt at answering my questions?
    Ask an intelligent one. We as Americans have the right to know where the money comes from. It's the law. If there is nothing underhanded why is who they are such a big secret? What are they hiding?

    In the original thread title I phrased it so that this was about Super PAC's, but that was changed without my consent, opening the door to make this a left/right thing which was totally not my intention.

    Any politician that would accept this kind of donation is automatically suspect.

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    Re: Super PAC's try end around

    Quote Originally Posted by Polotick View Post
    Ask an intelligent one. We as Americans have the right to know where the money comes from.
    Cop out.

    It's the law. If there is nothing underhanded why is who they are such a big secret? What are they hiding?
    If it's the law, what is the problem? Enforce it. The answer is in removing the rights of others because no one will enforce the law?

    In the original thread title I phrased it so that this was about Super PAC's, but that was changed without my consent, opening the door to make this a left/right thing which was totally not my intention.
    Left/right? I support the left spending their money however they see best also. I noted the 2 million Katzenberg is going to spend to help re-elect Obama. I have no desire to stop him. It's his money.

    Any politician that would accept this kind of donation is automatically suspect.
    Read it again. Romney DIDN'T accept anything. This is a group that believes Romney is the best choice and is saying so. They didn't give the money to Romney.

  3. #23
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    Re: Super PAC's try end around

    Being able to give a million dollars to a politician anonymously is a real problem. It makes it very easy for foreign countries, criminals and people with conflicts of interest to pay off politicians in secret. It is much harder to get away with bribing a congressmen in return for contracts if you can compare campaign donors vs people who received contracts. I am generally in favor of people having their privacy, but in this case the consequences are too severe to accept.

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    Re: Super PAC's try end around

    Quote Originally Posted by rathi View Post
    Being able to give a million dollars to a politician anonymously is a real problem.
    Once again, that is not what is being questioned here.

    It makes it very easy for foreign countries, criminals and people with conflicts of interest to pay off politicians in secret. It is much harder to get away with bribing a congressmen in return for contracts if you can compare campaign donors vs people who received contracts. I am generally in favor of people having their privacy, but in this case the consequences are too severe to accept.
    Politicians still must keep track of where every penny comes from.

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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    Once again, that is not what is being questioned here.

    That is EXACTLY what is being questioned here.

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    Re: Super PAC's try end around

    Quote Originally Posted by AdamT View Post
    That is EXACTLY what is being questioned here.
    Nobody gave a penny to Romney, read the article again.

  7. #27
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    Nobody gave a penny to Romney, read the article again.
    It doesn't make a bit of difference if it was given to him directly to support his campaign or whether it was given to someone else to spend on behalf of his campaign. It's a large, anonymous contribution that is going to support Romney.

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    Re: Super PAC's try end around

    Quote Originally Posted by AdamT View Post
    It doesn't make a bit of difference if it was given to him directly to support his campaign or whether it was given to someone else to spend on behalf of his campaign.
    Sorry, it does not say this either.

    It's a large, anonymous contribution that is going to support Romney.
    Again, if someone wants to blow their money in this way, it's not my business. I think you are a fool for spending even one cent on politicians, campaigns etc, but whatever, be one.

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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    Sorry, it does not say this either.
    Of course it does: "A mystery company that pumped $1 million into a political committee backing Mitt Romney has been dissolved just months after it was formed...."

  10. #30
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    People can spend their money how ever they wish. If they want to simply blow it like shown here, they don't have to explain their actions.

    Some will spend 1 million on a new Bugatti, others in frittering it away like this example. It's amazing how bad others want control of other peoples money.
    Quote Originally Posted by 1Perry View Post
    I'm not sure how that addresses my point. If someone thinks candidate A is the best candidate and they want to spend $1 million telling others what they think, why is that your business?

    It's not different than what each candidate will do. The next presidential election will see hundreds of millions of dollars spent with each candidate saying "I'm the best" but someone else can't spend their money stating "I believe he's the best"?
    Just so we understand what just happened here, a "corporation" named W Spann LLC was formed, contributed $1 million to a political action committee (PAC), Restore Our Future, that has close ties to a former associate to a presidential candidate (Mitt Romney). That LLC has suddenly dissolved - disappeared -- no longer exsists - and the only known person who had any involvement with or knowledge of this company's organizational structure, i.e., ownership because LLC's are really limited liability companies (partnerships), is the lawyer who helped setup the LLC in the first place and he's not talking.

    Translation: Restore Our Future was a front to allow millions in campaign contributions to go directly to Mitt Romney. By shutting down the LLC, the PAC can try to claim attorney/client privilege in an effort to avoid disclosing exactly who the real campaign donors are. Thus, they skirt campaign finance laws. And since the Citizen's United case was upheld by the Supreme Court, you can't go after the LLC because it's no longer in business. The PAC can then claim, "Sorry, all we know is we have a check made out from W Spann LLC that cleared. The fact that said company has since gone out of business isn't our problem," and Mitt Romney gets to keep his cold $1 million political contribution.

    THIS IS WRONG!!! IT SHOULD NOT BE ALLOWED!!
    Last edited by Objective Voice; 08-04-11 at 05:32 PM.

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