Political Carrot & Stick Crowdfunding in Maine

Crowdfunding is being used as a political tool in Maine to cause its Senator Susan Collins to do the right thing.

Senator Susan Collins (R-ME) speaks to the media as she leaves a Senate Intelligence Committee hearing evaluating Russian interference in U.S. elections

A group consisting of  Maine People’s Alliance, Mainers for Accountable Leadership, and the “Be a Hero” activist Ady Barkan have coalesced to raise money for Collins’ Democratic challenger in the 2020 election (a person to be determined).

However, the deal is if Senator Collins votes AGAINST Brett Kavanaugh as a Supreme Court justice, all of the $1.1 million raised will be returned to donors.

A carrot and stick approach apparently.

https://mashable.com/article/susan-collins-brett-kavanaugh-supreme-court-vote/#2oRcmystZPqr

https://www.youtube.com/watch?v=9XU9Wpa7Aos

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, review, States and tagged , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.