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16

Feb

Al Gore on Fareed Zakaria GPS, February 6, 2013

Zakaria:
You’d be for comprehensive campaign financial reform?
Gore:
Absolutely. It's difficult to accomplish, but when I ran for president – both times I ran for president – my platform included 100 percent public financing for all federal elections. That's a tough thing to accomplish. But we have got to get big money and anonymous donors and special interest out of the catbird seat. They are now driving the political system. The Congress now finds it virtually impossible to pass any kind of reform unless they first get permission from the special interests who are most involved with the issue involved and who finance their campaign. And that’s pitiful.

14

Feb

Al Gore on Fareed Zakaria GPS, February 6, 2013

Zakaria:
You feel as though a combination of special interests and money have essentially completely corrupted democracy in America.
Gore:
Functionally corrupted it, yes. You know, we’re told that corporations are people, that money is speech and that might makes right. And we know all of [these] things are contrary to what the United States of America is all about. But because our elected representatives now have to spend most of their time begging rich people to give them money, begging corporations and special interests to give them money, they spend more time worry about the effect of their actions, votes and speeches on these big donors, some of them anonymous, than the time they should be spending thinking about how to serve the interests of the publics they represent.

11

Feb

But the request for a quid pro quo has become routinely far more brazen than was the case in the past. Fundraisers are often scheduled by special interests according to the legislative calendar when particular bills come up. The same conversations involve legislation and fundraising. Now there are exceptions. There are many honorable men and women. Don’t get me wrong. But there are good people trapped in a very bad system now.
Former Vice President Al Gore on how our democracy has been functionally corrupted.”  (via campaignmoney)

23

Jan

Fundraising begins anew for newly elected to Congress -- USA Today

Leininger’s group has battled the Obama administration over new rules on plant emissions. Fly ash, a byproduct of burning coal, is used in concrete production.

11

Jan

Lessig Blog, v2: REQUIRED READING: Great piece about fundraising in Congress

lessig:

Ryan Grim and Sabrina Siddiqui have an incredibly important piece in the HuffingtonPost about the time Members spend raising money.

One picture captures it all. This is a slide taken from a PowerPoint deck, given to incoming freshman congressmen about how they are to allocate their time.

FreshmanOrders

08

Nov

One of the biggest fundraisers in the House, she outspent her opponent by a 12-to-1 margin.

06

Nov

bindersfullofburgers:

$$$ and what are they spending it on

bindersfullofburgers:

$$$ and what are they spending it on

26

Oct

nbcnews:

Your vote is worth five bucks, give or take, this election
(Photo: Brian Snyder / Reuters, Pablo Martinez Monsivais / AP)
President Barack Obama and former Mass. Gov. Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads. 
Read the complete story.

nbcnews:

Your vote is worth five bucks, give or take, this election

(Photo: Brian Snyder / Reuters, Pablo Martinez Monsivais / AP)

President Barack Obama and former Mass. Gov. Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads. 

Read the complete story.

20

Oct

While it’s admirable to pledge to refuse corporate donations, when push came to shove and the Democrats had to choose between their pledge or cutting back on the excessive extravagance of modern-day conventions, they chose extravagance.
PCAF Executive Director David Donnelly, on the Democrats succumbing to fundraising needs and giving up on its anti-corporate money pledge for the convention. (LA Times)

10

Oct

We shouldn’t just ignore it and let people make their own calls.

Ellen Weintraub, a Democrat currently serving as the FEC’s vice chair, on her agency’s somewhat-squishy definition on whether political contributions made by subsidiaries of foreign companies are legal or not. The question comes up thanks to a $1 million donation made by a Canadian-owned investment firm to pro-Romney Restore Our Future in August.

(More on the honor-system-approach the FEC is using to monitor certain campaign finance loopholes from The Daily Beast.)

No one ever said the highest bidder had to be from the U.S.

(via pieceinthepuzzlehumanity)