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The Rise of Secret Campaign DonorsPosted on May 21, 2011
A growing number of political campaign contributors are bypassing the Federal Election Commission entirely, secretly donating large sums of money right under the nose of the toothless organization. Private donors are bankrolling large advertising campaigns and stocking candidates’ campaign coffers while hiding behind non-party-affiliated political groups. And after the Supreme Court last year removed limits on corporate political spending, watchdogs say that any semblance of campaign finance regulation and transparency is quickly dissolving. Some democracy, huh? —KDG
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By Nozferatu, May 21, 2011 at 10:51 pm Link to this comment
Clearly you have a hard time grasping “organization” and even lesser understanding of money is king.
Report thisBy OzarkMichael, May 21, 2011 at 9:51 pm Link to this comment
Nozferatu said: “If even 40$ of the people in this country donated a mere $20 each,...”
That would mean you had two people who gave $20 each. Nozferatu continues:
...,we’d be able to completely obliterate the lobbyists for these campaigns or oil company crooks, etc….
Who exactly they gave the 40$ to is unclear. What the person who took the 40$ is going to do with it is hazy. How it will obliterate anything is unknown.
Report thisBy Nozferatu, May 21, 2011 at 9:03 pm Link to this comment
If the crooks can make secretive contributions to make buy off the people who work for them, then so can the general public.
If people only realized how much power they really have monetarily.
If even 40$ of the people in this country donated a mere $20 each, we’d be able to completely obliterate the lobbyists for these campaigns or oil company crooks, etc….
No will, no success…end of story.
Report thisBy Fat Freddy, May 21, 2011 at 10:36 am Link to this comment
Reason.tv: 3 Reasons Not to Sweat Citizens United
http://reason.com/blog/2010/02/03/reasontv-3-reasons-not-to-swea
Report thisBy TDoff, May 21, 2011 at 10:14 am Link to this comment
As of now, even the facades of the concepts of ‘Democracy’ and ‘The Value of YOUR Vote’, are dead.
Report thisBy TDoff, May 21, 2011 at 10:10 am Link to this comment
It would be interesting to determine how much TARP and ‘Bail Out’ money has ended up in the political coffers of the US Chamber of Commerce and it’s members. And whether the Wall Street and lesser moguls and their firms take a ‘brokerage’ fee or charge ‘interest’ on the money they secretly donate.
Report thisBy TDoff, May 21, 2011 at 10:03 am Link to this comment
It will not surprise when the scandal breaks that Lil’ Timmy Geithner has been looting the US Treasury to make secret billion-dollar ‘contributions’ to the GOPer/TP party…which party, of course, favors looting the US Treasury. Up to now, they’ve been mainly doing it with massive tax breaks for themselves and their owners.
But this direct raiding of the vaults opens a whole new ball game. I sure hope they catch Lil’ Timmy soon. It would do US good to watch him make a ‘perp’ walk (he’s a ‘perp’ if ever there was one), and maybe spend a night in detention.
Report thisBy gerard, May 21, 2011 at 9:57 am Link to this comment
Memorable quote from the article:
“Obama is considering an executive order that could undercut these predictions (of elections for sale)and reduce secrecy. It would mandate disclosure of political contributions over $5,000 a year by any company vying for a federal contract, according to a draft reviewed by Bloomberg News. The U.S. Chamber of Commerce, which collects secret money for political ads, has vowed to fight it.”
It’s only a small start, but better than nothing.
Report thisCampaign Finance Reform—the sooner, the better.