Monday, May 21, 2012

On The Download: ActBlue Can't Wait For '08

November 10, 2006 | 2:13 PM

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Not a day too soon, ActBlue.com jumps into the '08 field with its newest fundraising tool. The Democratic online fundraising giant met with the FEC this week to get their latest project approved: Setting up fundraising accounts for potential 2008 presidential candidates.

Let's say someone, for example Stephen Colbert, was considering a run for President, but was wary of the fundraising bar. ActBlue has the go ahead from the FEC to let its users set up a fundraising pages for "Draft Colbert" or other prospective candidates. So when ActBlue donors raise the millions Colbert thought he couldn't raise himself, he can take that seed money with him to start his campaign for El Presidente.

But let's say Colbert ignores all of those donors because he wants to keep his job at Comedy Central. If he doesn't get in the race by the DNC Convention, all of the raised funds go straight to the DNC.

The tool is scheduled to launch in the next few months [SHIRA TOEPLITZ].

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