What’s your view on political contributions?

Here is a report from the Center for Responsive Politics. The point is that unrestricted political contributions contribute to inequality and undue influence by a few Americans. 

Is this a problem? In some ways yes, but inequality?😳 If we curtail this spending, do we solve the real problem or simply scale back the payoffs? Is the average voter so clueless they are influenced by the misleading attack and other ads paid for with all this cash? I’ll leave you to answer that😜

Forget the money coming in, who is the guy or woman who allows it to influence them and the laws they support? You know the answer, it is the person you voted for and then re-elected and re-elected and re-elected and re-elected and re-elected and re-elected so that they have more influence to sell. 

This is what is not good news!

The fact is the American voter is the real problem and also the fact we don’t have term limits.  Do you seriously think money in politics wasn’t a problem before the SCOTUS opened the spigot for individuals, corporations and unions?

Dear friend of CRP, 

New research shows that just under 32,000 Americans – roughly 1% of 1% of the population – gave an astounding $1.18 Billion in disclosed political contributions in the 2014 midterms.
 
That’s more than $1 out of every $4 raised by PACs, super PACS, parties and candidates . . . from just 31,976 people.

And the trend is growing. The Political 1% of the 1%‘s share of all fundraising disclosed to the FEC was 29% in 2014, up from 25% in 2012 and 21% in 2010.  Will it grow to a third of all disclosed fundraising in 2016? And how much more are these donors giving through dark money groups? Unfortunately, despite being aimed at influencing our elections, those donations remain hidden.
 
The numbers do not lie. For those concerned about the growing inequality in our society and the disproportionate influence huge contributions can buy elite donors, this is not good news.
 
To read more, see the Joint CRP-Sunlight Foundation Report.
 

Thank you!


Copyright © 2015 Center for Responsive Politics, All rights reserved. 


One comment

  1. For the past four decades voters have returned incumbents to Congress 90% of the time. If a newcomer to politics tries to oust an incumbent, she has a very steep hill to climb. If that newcomer has lots of money, that hill becomes a little less steep. If the newcomer has little money, she’ll be another name in the long list of losers to the power of incumbency.

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