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Thursday, May 08, 2008
Bush is dumping the FEC commissioner who exposed McCain's campaign finance scam

by · 5/08/2008 10:18:00 AM ET · Link 
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In February, the Washington Post ran an article exposing John McCain's criminal campaign finance activity. The Chair of the FEC, David Mason, a Republican, wrote to McCain explaining how the FEC, not John McCain, decides the campaign finance law:
Mason's letter raises two issues as the basis for his position. One is that the six-member commission lacks a quorum, with four vacancies because of a Senate deadlock over President Bush's nominees for the seats. Mason said the FEC would need to vote on McCain's request to leave the system, which is not possible without a quorum. Until that can happen, the candidate will have to remain within the system, he said.

The second issue is more complicated. It involves a $1 million loan McCain obtained from a Bethesda bank in January. The bank was worried about his ability to repay the loan if he exited the federal financing program and started to lose in the primary race. McCain promised the bank that, if that happened, he would reapply for matching money and offer those as collateral for the loan. While McCain's aides have argued that the campaign was careful to make sure that they technically complied with the rules, Mason indicated that the question needs further FEC review.

If the FEC refuses McCain's request to leave the system, his campaign could be bound by a potentially debilitating spending limit until he formally accepts his party's nomination. His campaign has already spent $49 million, federal reports show. Knowingly violating the spending limit is a criminal offense that could put McCain at risk of stiff fines and up to five years in prison.
It doesn't help that the FEC is hamstrung by Mitch McConnell's refusal to allow votes on new commissioners. But, one commissioner who now won't get re-nominated by President Bush is the guy who called McCain's scam: David Mason.
Mr. Bush is purging the current F.E.C. chairman, David Mason, presumably because he was responsible enough to challenge the funding machinations of Senator John McCain’s presidential campaign. Mr. Mason shocked his fellow Republicans by notifying Mr. McCain that he might run afoul of the law by switching from public funding to private donations once he secured the party’s nomination.
John McCain is a campaign finance criminal. He's scamming the public finance system -- and his new best friend, George Bush, is aiding and abetting the crime.

Olbermann calls it.

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