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	<title>Comments on: Chris Dodd &#8216;Drops&#8217; Re-Election Bid</title>
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		<title>By: jpe</title>
		<link>http://www.outsidethebeltway.com/archives/chris_dodd_drops_re-election_bid/comment-page-1/#comment-110354</link>
		<dc:creator>jpe</dc:creator>
		<pubDate>Sun, 21 Jan 2007 19:19:09 +0000</pubDate>
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		<description>That is really interesting.   I can see how this is legal on the donee&#039;s side, but this:

&lt;i&gt;I’m quite sure many of his Connecticut donors would not have wished their money go to an ego-driven fool’s errand bid for the White House.&lt;/i&gt;

makes me wonder about the donor side.  The legal rights of donors re: their program restricted gifts aren&#039;t so clear (they&#039;re clear on paper, but almost never litigated.  There is a whopper of a gift restriction case coming down the pike in a few years over the several billion dollar endowment for Princeton&#039;s government school, IIRC).  What I wonder is how the assets from one PAC can just be transferred willy-nilly upon the dissolution of the first.  Strange indeed.</description>
		<content:encoded><![CDATA[<p>That is really interesting.   I can see how this is legal on the donee's side, but this:</p>
<p><i>I&rsquo;m quite sure many of his Connecticut donors would not have wished their money go to an ego-driven fool&rsquo;s errand bid for the White House.</i></p>
<p>makes me wonder about the donor side.  The legal rights of donors re: their program restricted gifts aren't so clear (they're clear on paper, but almost never litigated.  There is a whopper of a gift restriction case coming down the pike in a few years over the several billion dollar endowment for Princeton's government school, IIRC).  What I wonder is how the assets from one PAC can just be transferred willy-nilly upon the dissolution of the first.  Strange indeed.</p>
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