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Unlimited Secret Money Is Drowning Democratic Elections

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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 12:24 AM
Original message
Unlimited Secret Money Is Drowning Democratic Elections
The 2012 presidential election year promises to be the most expensive ever and unless the Department of Justice does its job, it also promises to be have the most anonymous campaign donations in U.S. history. Unknown corporate interests will fund massive advertising campaigns against and for candidates but the voters will not know who they are or their real agenda. The Obama administration can prevent this further corruption of U.S. democracy by enforcing existing laws.

In the last mid-term elections we saw the evolution of a new form of campaign funding that avoided the disclosure requirements of the Federal Election campaign Law (FECA). The new approach was masterminded by Karl Rove and former Republican Party leaders through American Crossroads GPS. They created a non-profit organization under 501(c)(4) of the Internal Revenue Code -- organizations that are not supposed to be primarily involved in elections -- and used it to raise tens of millions in secret donations. In total, nearly $150 million was spent by these (c)(4) groups leaving voters in the dark as to the personal interests of the donors. We can expect that to more than double in 2012 if existing laws are not enforced. Indeed Rove has announced his group alone intends to raise $120 million for 2012.
http://www.alternet.org/news/150864/unlimited_secret_money_is_drowning_democratic_elections/
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 12:27 AM
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1. I wonder how many groups say they raise money for one reason.
Then use it for something else?
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 12:35 AM
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2. The only chance the republicans have is their tsunami of $
that will wash over all the low info voters..
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 01:04 AM
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3. "unless the Department of Justice does its job"
wake me up when THEY wake up
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 12:23 PM
Response to Original message
4. I wonder how much a favor costs these days? I know many of our vets
need one, and many of our homeless need one... I also wonder if they will be part of this up and coming financial blitz this november?
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classysassy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-13-11 03:06 AM
Response to Original message
5.  Democracy takes an expensive holiday
so the money changers can select our next congress and president.Autocracy is at the back door waiting for the fools to let her in.
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