About: super pacs could change historic winnowing pattern of candidates â�� usatoday.com
Leading the spending was Restore Our Future, a Super PAC that supports Mitt Romney, with $7.8 million worth of expenditures on behalf of the former Massachusetts governor.
Winning Our Future, a Super PAC allied with Newt Gingrich, the former House speaker, was ranked second with $4.2 million in spending.
Rounding out the top five were Super PACs backing Texas Gov. Rick Perry ($3.8 million), former Utah Gov. Jon Huntsman ($2.5 million) and Texas Rep. Ron Paul ($1.1 million).
- Advertizements of all kinds - TV, radio, Internet, newspapers, billboards etc.
- & more ... see the list at OpenSecrets here.
What to do? There are too many lawyers to make any one of these things illegal & the Supremes said money is free speech. Have the taxpayer pick up the difference between the final two? (just joking)
- I say we can take the stand that there is nothing wrong here & then invent a bottom up process which enhances the probability that good people represent us in government by weighting such factors as:
- previous accomplishments
- an ability to make & publish a detailed "business plan" to solve the needs of a government of the people but nothing more
- ... tbd
All these should be considered evidence of a real product & all else as false advertizement.
- super pacs
- money in politics
But would refusing to be corrupted this way really amount to unilateral disarmament? To the contrary, I think it would have given the President a rallying cry that nearly all Americans would get behind: “More of the nation’s wealth and political power is now in the hands of fewer people and large corporations than since the era of the robber barons of the Gilded Age. I will not allow our democracy to be corrupted by this! I will fight to take back our government!”
Small donations would have flooded the Obama campaign, overwhelming Romney’s billionaire super PACs. The people would have been given a chance to be heard.
The sad truth is Obama has never really occupied the high ground. He refused public financing in 2008. Once president, he didn’t go to bat for a system of public financing that would have made it possible for candidates to raise enough money from small donors and matching public funds they wouldn’t need to rely on a few billionaires pumping unlimited sums into super PACS. He hasn’t even fought for public disclosure of super PAC donations.
Read more: http://robertreich.org/post/17251255054#ixzz1loGUeGod
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