The 2012 election is already being seen as a popular referendum on
current president Nicolas Sarkozy, with a polarisation of votes on
Sarkozy and on his main opponent, Socialist party candidate
Hollande. Polls have so far consistently predicted that Hollande will
beat Sarkozy in the second round. The
front-runners:
Nicolas
Sarkozy
officially declared as a candidate for a second term in office, on 15th
February. Former head of the
Conservative UMP party, he is the main candidate of the right. He is
campaigning as the champion of a "strong France" - la France forte -
and stressing his success in putting through unpopular but necessary
reforms, as well as his reasonably good standing as France's
representative on the international stage. He is strongly supported by
German chancellor Angela Merckel, and has been praised as a statesman
by Barack Obama. His campaign presents him as the only candidate able
to stand up for France on the international scene, and the candidate
who has the determination to put through the measures, however
unpopular they may be, necessary to stabilise the French economy and
return the country to a strong footing.
Ed Gillespie 'This Week' Interview: 2012 Presidential Election; Obama Vs. Romney Tax Plan, Jobs - YouTube
To be eligible to receive public funds, the presidential nominee of a major party must agree to limit spending to the amount of the grant and may not accept private contributions for the campaign. Candidates may spend an additional $50, 000 from their own personal funds, which does not count against the expenditure limit. In 1976, each major party nominee received $21. 8 million. By 2008 (the last year a major party candidate chose to accept a general election grant), that amount had grown to $84. 1 million. (In 2020, the general election grant would have been $103. 7 million. ) Minor party candidates and new party candidates may become eligible for partial public funding of their general election campaigns. A minor party candidate is the nominee of a party whose candidate received between five and 25 percent of the total popular vote in the preceding presidential election. The amount of public funding to which a minor party candidate is entitled is based on the ratio of the party's popular vote in the preceding presidential election to the average popular vote of the two major party candidates in that election.
He claims that his main
Socialist rival will either plunge France into economic disaster
through programmes that cannot be afforded, or else immediately renege
on his electoral promises. Hollande
became the official Socialist candidate following a Socialist party
primary in autumn 2011, where he defeated his main rivals Martine Aubry
and S�gol�ne Royal. Traditionally seen as a representative of the moderate wing of the
Socialist party, and criticised by party hard-liners as soft, he has
attempted in recent weeks to bolster his credentials as a man of the
left, promising if elected to create more public sector jobs - notably
more teachers - to reintroduce retirement at 60 for certain
employees, and to raise the top rate of income tax to 75%. At
the
same time he has committed himself to eliminating France's budget
deficit by 2017 and reducing tax breaks for companies and high earners. In international terms, Hollande is not well known, having never held
any ministerial function: in terms of leadership, he has experience as
First Secretary of the Socialist Party, parlementarian, and mayor of
Tulle, a small town in central western France.
Assuming, as normally happens, that no single candidate acquires an
absolute majority of votes on the first round, there is then a second
round, which is a straight runoff between the two
candidates who polled the most number of votes in the first round. The
victor in this round then becomes President of France for the ensuing
term of office, which is now five years. current president, Nicolas Sarkozy, was first elected in 2007. A
president can serve no more than two five-year terms in office.
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The French presidential election 2012
We also know that candidates are disinterested in public financing. The last major party nominee to accept public financing was Republican John McCain in 2008. In the 2016 presidential election, only Democrat Martin O'Malley and the Green Party's Jill Stein took matching primary funds. Neither Hillary Clinton nor Donald Trump made themselves eligible to receive general election funds. In 2016, the presidential candidates spent a combined $2. 4 billion. Facing such expenses, and with the Supreme Court opening the door to effectively unlimited campaign contributions from corporations, unions, and wealthy individuals, no candidate could compete by limiting their campaign spending to the fixed amount of public funds that the PECF provides. Despite the apparent indifference of both taxpayers and presidential candidates, the $3 checkoff has a unique distinction. It is the only element of the US system of taxation and budgeting that gives the public direct control over how their tax dollars are spent.
- Ed Gillespie 'This Week' Interview: 2012 Presidential Election; Obama Vs. Romney Tax Plan, Jobs - YouTube
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- French ex-president Sarkozy on trial over ‘illegal financing’ of 2012 campaign, two weeks after corruption conviction — RT World News
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- • U.S. presidential elections - fundraising and spending 1976-2016 | Statista
Still, the ex-president is unlikely to get locked up in an actual prison as he is expected to serve his conviction at home, fitted with a tracking bracelet. Think your friends would be interested? Share this story!
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Diana Dwyre and Robin Kolodny examine the ways political parties raised and spent money through their national committees, including congressional campaign committees. Jay Goodliffe and Magleby examine how interest groups raised and spent moneyclosely examining the effect of the new Super PACs. How did these organizations raise more than $828 million, and how did they allot the $609 million they reported spending, and to what effect? Thomas Mann concludes with a summary of lessons recently learned regarding the financing of federal elections. What changes should be made to the system, and what institutional steps would they require?