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Bill Moyers Piece Quotes TBOR ED On Foreign Donations

A Bill Moyers piece by Kathy Kiely on the ease with which foreign money can be spent on American campaigns through a practice that would be stopped by HR4177. See the full story here. The following are excerpts:

2. Credit cards

Another potential avenue for illegal foreign contributions is credit cards, warned John Pudner, a former Republican political consultant who now heads a campaign finance reform group called Take Back Our Republic. A decision by some campaigns — especially those who rely heavily on small donations, as President Barack Obama did — to dismantle zip-code verification on their credit-card contributions has what Pudner diplomatically said is an “unintended consequence” of opening the door to illegal foreign donors.

“If I were an unscrupulous political consultant and didn’t care about [the] law, I’d set up a room full of people, retype over and over the credit card number, $200 a pop,” said Pudner, citing a number that’s below the level at which the FEC requires names and addresses of donors. “It’s very affordable, it’s never detectable. . . that avenue is there and so easy.”

3. Stock, mergers, acquisitions and inversions

But, Pudner and other panelists noted, really big foreign players don’t have to skirt US law. They can just buy a US company.

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Take Back Our Republic strive to be the leading organization in promoting a culture in politics where character and ideas are the basis of being elected and every election is financed with transparency, primarily by the people to be represented and not by outside interests. Headquartered in Auburn, AL since 2015, TBOR has strong financial backing, an engaged board, more than 100 volunteer coordinators in 47 states, and a staff who stands by our mission.

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