soft money


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Soft Money

1. An indirect contribution to a political campaign. Soft money is money raised for political activities in favor of or opposed to a certain candidate or issue that stops short of actually endorsing anything. In other words, any ad stopping short of asking for a vote for or against someone or something is funded by soft money. Colloquially, soft money connotes large amounts donated by special interest groups for these purposes. The McCain-Feingold Act forbade political parties and some other organizations from raising soft money, but most organizations can still do so.

2. See: Fiat money.

soft money

(1) A slang expression for creative financing techniques that involve no cash changing hands, such as seller financing. (2) Money invested in a real estate acquisition or development that is written off as an expense rather than added to the basis to increase equity.

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in the election system (67) as a result of soft money loopholes (68) and
Soft money was raised and spent in a manner that could affect federal elections, but was unregulated--and legal--since it was not spent directly for or against specific federal candidates.
According to the majority, Congress rightfully concluded, "the corrupting influence of soft money does not insinuate itself into the political process solely through national party committees.
What will political parties do with the large sums of soft money they've already amassed that can't be spent on issue advertising?
It's easy to see why McCain and Feingold felt the need to regulate them; without restrictions on the financing of such ads, much of the soft money their bill bans from political parties would wind up paying for sham issue ads instead, where they would have the same potential to corrupt the political process.
Because the cumulative effect of the loss of soft money and constraints on independent advertising will be to stifle political competition, even fewer candidates will step forward to challenge incumbents in the first place, thereby reducing political choice.
found that soft money supported numerous activities, including get-out-the-vote drives, broadcast advertising, and day-to-day campaign operations.
AFTER HEARING ABOUT THE VERITABLE FLOOD OF corporate cash funneled into presidential campaign coffers and soft money reservoirs, you may have questions about whose interests our two main competitors for the White House will actually represent when one of them finds himself snoring in the Lincoln Bedroom (that is, if it hasn't been sublet to a Chinese executive).
and other campaign finance reformers urge a complete ban on soft money.
She said retailers have always given through PACs or with soft money, but there is an increasing number of new soft-money donors, as well as increased levels of donations.
McCain, of course, wants to make soft money illegal.
When you had competitive elections in the 1980s, soft money was not a factor, and Ronald Reagan was elected and re-elected.