Re:Senate narrowly rejects plan to require a warrant for Ame...
by Descartes1 on Thursday May 14, 2020 @02:04AM
(#23175931)
Do you have to actually spend that $5000? Or can you just have it "raised"?
Re:Senate narrowly rejects plan to require a warrant for Ame...
by aperrien on Thursday May 14, 2020 @03:10AM
(#23176372)
Create a nonprofit to accept the "raised" contribution, and then swap it with another candidate in the pool for "consulting fees"...
Re:Senate narrowly rejects plan to require a warrant for Ame...
by boredgamer2 on Thursday May 14, 2020 @08:52AM
(#23178837)
> Create a nonprofit
I like the enthusiasm, but this would get you slapped by the IRS (eventually). Any other ideas?
Maybe if we just pay each other in a ring through a legal escrow? Everyone puts in $5,001, the escrow pays everyone back $5000.
Re:Senate narrowly rejects plan to require a warrant for Ame...
by godelski on Thursday May 14, 2020 @03:11AM
(#23176386)
So we start a party where we all sign to get each other on the ballot and donate to a pool that allocates $5k to each of us? Can this $5k just be moved around per candidate which counts as spending?
Re:Senate narrowly rejects plan to require a warrant for Ame...
by voldacar on Thursday May 14, 2020 @03:37AM
(#23176578)
This would become a problem if someone just joined the party with the intent of cashing out the 5k$ and leaving. Maybe you could fix this somehow with smart contracts? idk
Re:Senate narrowly rejects plan to require a warrant for Ame...
by boredgamer2 on Thursday May 14, 2020 @08:53AM
(#23178852)
Legal escrow! No smart contracts needed
Re:Senate narrowly rejects plan to require a warrant for Ame...
by celticninja on Thursday May 14, 2020 @04:08AM
(#23176790)
if you cash out the $5k you lose candidate status.
Re:Senate narrowly rejects plan to require a warrant for Ame...
by Wowfunhappy on Thursday May 14, 2020 @07:23AM
(#23178151)
“Fine by me, I’m $5k richer now!”
One generally needs a certain number of petition signatures to appear on a ballot, but apparently not needed just to legally be a candidate.
https://www.fec.gov/help-candidates-and-committees/registeri...