|[Republican Presidential Candidate] Jeb Bush (left)|
So it's basically a total scam for extra cash. Until someone like Bush, formally declares for president, they are legally permitted to personally ask for money for a super PAC that will ultimately benefit their campaign. But once they formally acknowledge their candidacy, "a legal wall goes up between the candidate and the super PAC that supports them."
A super PAC is a type of independent 'political action committee' which may raise unlimited sums of money from corporations, unions, and individuals. The key for me here is corporations. Once Jeb is running for the big office, being directly sponsored by a corporation could obviously be seen as a conflict of interests.
Many are pointing fingers at Bush and saying that he has violated the Campaign Act of 1971 by "establishing, directing, and controlling an independent expenditure-only committee", Right to Rise Super PAC, Inc., and has been raising and spending soft money in violation of the law. In addition, as a complaint by the ADLF detailed, "Mr. Bush has been raising money in excess of what could reasonably be necessary to explore his candidacy through his leadership PAC and Right to Rise Super PAC, Inc. since January 2015, but he still has yet to register and report as a candidate, and he has not designated an authorized campaign committee."
For me, regardless of the law, this is a simple principle of ethics in government. The fact of the matter is that potential candidates, or official candidates, should not be spending hundreds of millions of dollars on campaigns and essentially advertising themselves to the American public. Campaigns should not be run based off billboards and TV commercials. It is reported that Jeb Bush's super PAC has now raised over $100 million. How is that kind of fundraising and spending necessary and how does it help the American public at all?