January 20, 2007

Dodd: About His "Retirement" Announcement

The NYTimes web site carried a PoliticalMoneyline story with the headline: "Sen. Dodd Not To Run for Re-Election In 2010."

Well, while legally true, CT Dems shouldn't start licking their chops about the supposed "open seat" in three years. In order to transfer all of his money he raised for his 2010 re-election to his WH campaign account without penalty, he had to file a statement with the FEC saying he wouldn't run. It's simply an accounting thing, nothing more. In fact, should Dodd not be elected POTUS in '08, he, indeed can legally open a new Senate 2010 account. He did this so that he could raise maximum amounts from donors who gave to that 2010 campaign account.

An inquiry to Dodd's campaign about the above mentioned story prompted the following response from spokesperson Beneva Schulte: "It's a legality that isn't an indication of future plans."

God love the FEC and its confusing rules on raising federal money.

Posted at 06:45 PM

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