527s and their role in the election

Posted by on June 24th, 2008 at 03:18pm

[Technorati] Tag results for finance wrote an interesting post today on
Here’s a quick excerpt
Lately, we’ve been hearing a lot about so-called “527s,” political action organizations named for the tax code under which they fall. In opting out of public financing last week, Barack Obama said: “John McCain’s campaign and the Republican National Committee are fueled by contributions from Washington lobbyists and special interest PACs. And we’ve already seen that he’s not going to stop the smears and attacks from his allies running so-called 527 groups, who will spend millions and millions

Read the rest of this great post here

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