I was going to "scoff" at this number and analysis until I checked MY
favorite source and saw what people who were putting their money where
their mouths are were saying:
https://tippie.biz.uiowa.edu/iem/
Iowa Electronic Markets Daily Price Graph for the Winner Take All model...
Daily Price Graph
Is that chasm recently formed, the FBI's "October Surprise"? There
sure is a lot of volatility!
I'm going to go do my early voting today... while cursing the lack of a
Ranked Choice Voting scheme... but voting *for* the concept of 3rd party
viability...
Gary and Jill only need 5% of the vote to get their party's funding and
automatic ballot inclusion next round.
From the FEC website: http://www.fec.gov/press/bkgnd/fund.shtml
*PARTY CONVENTION AND GENERAL ELECTION GRANTS*
The presidential nominee of each major party may become eligible for
a public grant of $20,000,000 plus COLA (over 1974). For 2012, the
grant was approximately $91,241,400 for each major party nominee.
However, the two major party presidential nominees in 2012 opted out
of the public financing program in the general election. Candidates
themselves may not raise any other funds to be used for campaigning
during the general election period. The general election limit for
publicly funded candidates for 2016 is $96,140,600.
Public grants of $18,248,300 went to each of the major parties for
their conventions in 2012. On April 3, 2014, President Barack Obama
signed legislation to end the public funding of presidential
nomination conventions.
Since no third-party candidate received 5% of the vote in the 2008
presidential election, only the Republican and Democratic parties
were eligible for 2012 convention grants, and only their nominees
were eligible to receive grants for the general election once they
were nominated. Third-party candidates could qualify for public
funds retroactively if they received 5% or more of the vote in the
general election.
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