BY ALEX LEARY AND ADAM C. SMITHTAMPA BAY TIMES
03/01/2015 1:00 AM 03/02/2015 5:06 PM
WASHINGTON
"As Jeb Bush continues a torrid fundraising schedule across the country, he is pushing new boundaries of campaign finance law, exploiting his status as a noncandidate to avoid contribution limits and amass a cash pile already in the tens of millions.
The effort, which supporters call “shock and awe,” is designed to assert Bush’s dominance in the 2016 Republican presidential field, but it also represents a new chapter in the era of unlimited money in politics and raises numerous questions, beginning with the most basic:
How can Bush, who acts and sounds every inch the candidate for president, not be a candidate?
The former Florida governor says he is merely exploring the idea of possibly running for president. He drops disclaimer after disclaimer — If I decide . . .
That may seem laughable given Bush’s actions — including campaign-style speeches and visits to Iowa, New Hampshire and South Carolina, courting the wealthiest donors and best political talent in the country, and resigning from corporate boards that pose potential conflicts of interest — but it is part of a carefully planned strategy.
It also underscores campaign finance regulations awash in loopholes and lax enforcement in the fast-evolving world of Super PACs unleashed by the U.S. Supreme Court’s 2010 Citizens United decision.
As an actual candidate, Bush’s direct source of funds would be limited to $2,700 per person per election. But because he’s not officially running, his legal advisers contend he can chase unlimited amounts for his Right to Rise Super PAC.
“At the moment, it looks like a brilliant strategic move,” said Dan Tokaji, an election law expert at Ohio State University.
Watchdog groups are alarmed, saying Bush’s actions are highly questionable, if not a direct violation of law, and could lead others to do the same, threatening to upend what is left of campaign finance law.
“It’s one of the great charades of American politics,” said Fred Wertheimer of Washington-based Democracy 21. “It’s simply thumbing your nose at the American people and saying, ‘We’re shrewd, we’re going to circumvent these laws and you have to live by it.’ ”
Paul S. Ryan of the Campaign Legal Center said: “The Supreme Court has recognized that a check above $2,700 directly to someone who admits they are a candidate could corrupt them and therefore can be limited. But we’re to believe that the corruptive potential is miraculously washed from a $100,000 contribution handed to Jeb Bush for his Super PAC. It’s absurd.”..."
Read more here: http://www.miamiherald.com/news/politics-government/article11843192.html#storylink=cpy