Kenneth P. Vogel of The Politico reports that America Coming Together (ACT), a group to which left wing financial powerhouses George Soros, Peter Lewis of Progressive Insurance and the Service Employees International Union (SEIU) are major donors, has been hit with a $775,000 fine by the Federal Election Commission for improperly using unregulated soft money to boost the Kerry campaign for president. Given the magnitude of the expenditures involved (a massive $137 million), the fine is small. Those who brought the original complaint are not happy:
"This action comes more than three years after our FEC complaints were filed and nearly three years after the 2004 presidential election was held," read a statement from Fred Wertheimer, president of Democracy 21, and Gerry Hebert, executive director of the Campaign Legal Center.
The fine amounts to one half of one percent of the illegal expenditures. That amounts to no meaningful deterrent. It barely rises to the level of an annoyance, at best a minor cost of doing business.
Hat tip: Richard Baehr