Wednesday, February 1, 2017

BOOM! Trump Files With FEC To Run in 2020; NonProfits Can't Campaign Against Him Until Then!

I am laughing too much right now to even think straight. Trump outfoxed the Washington, DC foxes but beating them in their own game. According to the article via Zero Hedge, NonProfit organizations can’t engage in political speech without the possibility of them losing their status. That’s huge!

Tell me Trump doesn’t have his stuff together. This could hurt George Soros as he would have ramped up his efforts to go after Trump as it states in the article.

A document from the Federal Elections Commission (FEC) indicates that Donald Trump took steps last week to outmaneuver nonprofit organizations, leaving them unable to officially campaign against him over the next few years of his Presidency.

Filed on January 20th, 2017, the letter states that, while not an official announcement for reelection, Donald Trump has filed an FEC Form 2 in order to “ensure compliance with the Federal Election Campaign Act.” This is an unprecedented, although legal, move for the President to make. Barack Obama did not file for his 2012 re-election bid until April 2011. Having filed (even if not formally announcing a bid) as a candidate, Trump would be able to coordinate with PACs and other similar organizations.

More importantly, 501(c)(3) nonprofit organizations would no longer be able to engage in “political speech” which could theoretically affect the results of the 2020 U.S. Presidential Election without running the risk of losing their nonprofit status. The move effectively bars interest groups from creating nonprofits which they could funnel money into for the purposes of opposing Trump’s initiatives. This will likely create chaos for political opponents of Trump such as George Soros, who has sunk significant amounts of money into various nonprofit groups with the intent of opposing Trump’s government. How 501(c)(3) organizations will comply with the FEC’s regulations when participating an actions which qualify as political speech remains to be seen.