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Node
Knowflake

Posts: 2642
From: 2,021 mi East of Truth or Consequences NM
Registered: Apr 2009

posted April 04, 2014 02:08 PM     Click Here to See the Profile for Node     Edit/Delete Message   Reply w/Quote
http://www.nytimes.com/2014/04/04/opinion/the-courts-ruling-on-politica l-spending.html?ref=opinion&_r=1

quote:
To the Editor:

Re “Justices, 5-4, Void Key Spending Cap in Political Races” (front page, April 3):

There is a deep connection between the old news about the rapidly growing wealth gap in this country and the Supreme Court’s decision on Wednesday striking down the longstanding and regularly reaffirmed aggregate limits on how much an individual can give to candidates.

It has always been the case in this country that there have been rich people — quite a few of them. These were people who could afford to send their children to private schools and colleges, they had nice houses — maybe a vacation home — perhaps a housekeeper. They certainly led different lives from ordinary middle-class and working-class people, but they lived on the same planet.

Yet with today’s income distribution there are many people with personal wealth of over half a billion dollars and quite a few billionaires. Those people do Indeed inhabit a different planet from the rest of us. And for them, the Koch brothers and Sheldon Adelsons and George Soroses, spending $3.6 million every two years in federal elections, as the Supreme Court decision would allow, is literally inconsequential.

If we must be governed by those whom the billionaires choose to fund, then the social contract really has been ruptured. And it is only the five Pollyannas on the Supreme Court who would have us believe that those who have unlimited cash to spend on elections will not call the tune.

Why else, after all, would the superrich spend their money on candidates instead of buying another Damien Hirst pickled sheep?

CHARLES FRIED
Cambridge, Mass., April 3, 2014


The writer, a professor of law at Harvard and solicitor general under President Reagan, filed a brief in this case supporting aggregate limits.


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Node
Knowflake

Posts: 2642
From: 2,021 mi East of Truth or Consequences NM
Registered: Apr 2009

posted April 04, 2014 02:16 PM     Click Here to See the Profile for Node     Edit/Delete Message   Reply w/Quote
http://www.forbes.com/sites/danalexander/2014 /04/02/super-donor-sheldon-adelson-made-2-1-billion-in-2-days-since-adelson-primary/

Politics is an inexpensive hobby for these people.

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Catalina
Knowflake

Posts: 1526
From: shamballa
Registered: Aug 2013

posted April 04, 2014 03:49 PM     Click Here to See the Profile for Catalina     Edit/Delete Message   Reply w/Quote
It is actually a lucrative business. Its been proven time and again that money is not a guarantee of election...but the fact that the media its now owned by a small handful of companies means news is harder to come by for the masses who don't go out of their way to question what they hear ..

Last night i heard a caller on the radio who believes our lack of Christian rectitude, the presence of colored non Christian people in the population, and the liberals, are going to get us punished.

All old hat except he considers Paul Ryan and Rush Limbaugh and Co to be on the liberal side of the fence! There are some very scary people around.

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Node
Knowflake

Posts: 2642
From: 2,021 mi East of Truth or Consequences NM
Registered: Apr 2009

posted April 04, 2014 08:12 PM     Click Here to See the Profile for Node     Edit/Delete Message   Reply w/Quote
You know I wonder if increasing term limits might alleviate some of the problems. Congress critters spend most of the two years trying to fund their next bid.

also, I would like to see caps on how much you can spend. Essentially negating the obscene amounts of money spent.
Other countries have limits; the Adelson's would have to find other ways to play.

Never going to happen.

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