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After Biden drops out, Trump lashes out
(www.motherjones.com)
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this post was submitted on 21 Jul 2024
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politics
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She’s the only candidate with access to the existing campaign funds. There’s not enough time to refund them all and donate to a new candidate before early voting ballots go out in eight weeks. If it’s not Harris, they’ll have to be independently wealthy to fund their own campaign in time.
Why is US politics relying so much on campaigning and donations anyway? Not that we don't have the odd politician speaking somewhere physically here either but it is fairly rare in comparison. Most of the whole "get to know" part happens through TV or internet media. The US just seems to make it a weird spectacle, which imo just further reinforces the whole "team" aspects of it and with that the whole two party system.
Our news system has no integrity, and is loyal only to money. Ad campaigns are the only option to reach the passively informed with a clear and uncompromised message.
Is there no publicly funded news media / broadcaster? Like the German Tagesschau, or UK's BBC, or the Canadian CBC, etc? Typically there's a higher amount of trust for those, since they are mostly acting independently and the majority of funding coming from the people itself.
We have NPR and PBS. They don’t get as much exposure as corporate news. You’ll see posts on Lemmy from both publications often, but this is obviously not the average American’s experience.
There is, unfortunately they're viewed by on of the political parties as being evil liberal propaganda machines, and they very much want to privatize them or just sell all of their content off and shutter them.
In 2010, a biased and purchased Supreme Court declared that wealthy people are allowed to spend whatever amounts they want to on propaganda. There's no way to get a word in edgewise.
To be fair that money can all go to the DNC and get used on "issues" or "support" ads. Officially around 30 million could be used in collaboration with a new campaign committee, but in reality it would all be supporting the nominee.
Yes, she's the only candidate, but the funds can also go to the DNC or a Super PAC if Biden directs them there.
That’s incorrect. Only a few thousand is transferable to a candidate not on the existing ticket. The rest would need to be refunded to donors.
https://www.reuters.com/world/us/91-million-question-what-happens-bidens-campaign-money-2024-07-18/
Literally from the article you linked.
He can also transfer to a Super PAC.
Edit: In case you don't believe me again.
https://www.vox.com/joe-biden/361991/361991biden-campaign-funds-after-drops-out
Biden can redirect the funds to anyone he chooses. As long as it's used for a campaign.
Absolutely not. The funds can go to Harris, because her name is on the campaign to which they were donated, or they can be refunded.
https://www.reuters.com/world/us/91-million-question-what-happens-bidens-campaign-money-2024-07-18/
It sounds like it would be an official act, though.
Hmmm I stand corrected. Thanks
Bernie was able to redirect his funds to the DNC after he got shafted.
Do you have a source? Everything I’ve read states that campaign funds have very strict rules.
I thought you could use them for anything you wanted, up to and including paying hush money to a pornstar that you had very disappointing sex with, whilst your wife was at home with your newborn.
You can. You’ll just have to be willing to accept the inevitable conviction.
They do. The article you posted above actually discusses how the money can be transferred to a political party, with the caveat that there's a cap on how much can then be spent on a different candidate.
https://www.investopedia.com/articles/markets/042716/what-happens-campaign-funds-after-elections.asp
https://www.fec.gov/data/candidate/P60007168/#total-spent
The other committees referenced are all Sanders related it should be noticed. There is likely some confusion relating to sanders transferring money to the DNC to cover his costs associated with his post-drop-out campaign activity to try to rally support behind the Democratic candidate.