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Campaign Funding
What We Don’t Know About Campaign Finance Does Hurt Us. “No matter what your social issue, if you want to solve it get the money out of politics. Only then will lawmakers vote for their people rather than their pocketbooks.” Jack E. Lohman. Money corrupts politics, and when contributions are being made to candidates it is not in the best interest of the American people. Campaign Finance is out of control in today’s political races. Candidates are taking money from wherever and whoever they can get it. Soft money is flowing through elections without care or caution. People who make these contributions do not share the views of the average citizen, so politicians end up representing the wrong people. Money decides races, sometimes leaving the better man but lighter spender out of a position. Candidates make decisions based on what will help them financially that what is better for the people. Contributions by industry are made not in the interest of the people, sometimes hurting them in ways they don’t even know. No matter what the opposition may say campaign finance reform is needed urgently to keep our democracy as our founders intended it. People and corporations that make the largest donations to campaigns do not share views with the general population. Politicians will listen to those who give them money so that they can depend on that money being there again when it is time for reelection. Yet individual donors making a $200 dollar or more contribution make up only .33% of the population. This extremely small percentage of mostly wealthy individuals gain the power to influence politicians to their liking. The idea that these people should have power to affect government more than those with less money goes against the concept of equality for all, which is what made this country great. People who make large donations do not share the same views on most issues as the general population. Robert L. Borosage and Ruy Teixeira report that while 53 percent of voters want stricter regulations on businesses and corporations, to give workers a fair salary and working conditions, 58 percent of campaign donors want to see less control over the businesses and corporations of America. Donors also want less government spending with lower taxes, while the majority of citizens want a larger, more powerful government. A very tiny part of our populat...
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...r. After cuts from corporate welfare and wasteful government spending this would save taxpayers 495 to 995 dollars a year, not to mention price drops as a result of reduced corporate spending on political campaigns. This would put more money in the hands of the taxpayer to buy more products helping the economy. Most important, politicians would not be swayed by monetary interest offered to them for help in other areas. Donors not representing the public, money, not people and issues deciding races, politicians voting for campaign funds instead of the public, corporations risking the safety of people, these are all problems that could be fixed by reforming campaign finance. Campaign finance is an urgent problem that must be remedied soon or we will be facing a situation in government where the power lies in the hand of those who have money to donate to campaigns. If something is not done we will be heading straight into a corrupt and contemptible government whose only care is that of being reelected. Action must be taken now before it is too late and scandalous congressmen will only support scandalous policy. If our government is to be saved, we must have campaign finance reform.
Along with Obama, Vogel mentions Nancy Pelosi and Harry Reid as critics of large donors, who then also were leading in super PAC fundraisers. Though Vogel mentions many people and events, he never goes into great detail about any of it. Even with the immense amount of information that is left to the reader to decipher and research, one must ask themselves this question, “what are the effects of big money on modern politics.”
The current use of soft money in the US Governmental elections is phenomenal. The majority of candidates funding comes from soft money donations. Congress has attempted to close these funding loop holes; however they have had little success. Soft money violates standards set by congress by utilizing the loop hole found in the Federal Election Commission’s laws of Federal Campaigns. This practice of campaign funding should be eliminated from all governmental elections.
Should we enact a campaign finance reform and ban soft money contributions? Campaign finance is among the top governmental and social issues of today's society. The truth is that today's campaigns are being financed by members of supported political parties that can afford to send their candidate to the top. These contributions are known as soft money contributions. Soft money can be defined as, unlimited union and corporate donations to political parties that allow special interest power brokers to have their way in Washington. Ultimately, These contributions are taking away pure democracy that is given to today's citizens. I, particularly, am interested in this issue because I would like to see the potential that our leaders have by running a successful campaign without large amounts of soft money contributions. It is important that candidates take our democratic system seriously and not toy around with our involvement in today's governmental system. Soft money contributions amounted to $487 million in the last election cycle, up from $271 million in 1996 and $86 million in 1992, according to the Federal Election Commission.
Campaign finance reform has a broad history in America. In particular, campaign finance has developed extensively in the past forty years, as the courts have attempted to create federal elections that best sustain the ideals of a representative democracy. In the most recent Supreme Court decision concerning campaign finance, Citizens United v. Federal Election Commission, the Court essentially decided to treat corporations like individuals by allowing corporations to spend money on federal elections through unlimited independent expenditures. In order to understand how the Supreme Court justified this decision, however, the history of campaign finance in regards to individuals must be examined. At the crux of these campaign finance laws is the balancing of two democratic ideals: the ability of individuals to exercise their right to free speech, and the avoidance of corrupt practices by contributors and candidates. An examination of these ideals, as well as the effectiveness of the current campaign finance system in upholding these ideas, will provide a basic framework for the decision of Citizens United v. FEC.
While an imbalance has always been prevalent in the classes of American society, recent decisions in the Supreme Court favoring less campaign finance control have disregarded the growing gap between the upper echelon and the lower class. The U.S. Supreme Court has fully given way to elitist rule, allowing the wealthy to wield their natural tenacities to grow dollar bills from rocks and plant them kindly into the pockets of political candidates that would support their hidden agendas of clandestine rule and continued hegemonification of the lower class. As recent as April 2, 2014 in McCutcheon v. Federal Election Commission, the U.S. Supreme court released the contribution limits placed on the wealthy under the pretense of free speech as provided by the first amendment. In order to prevent further dissemination to the balance of equality amongst the classes within the United States, it is imperative for Congress to start the implementation of a detailed Constitutional Amendment defining strict regulations regarding funding towards political campaigns, as well as a clear definition to the inherent differences between an individual and a corporate entity or “faction.”
Is the campaign finance system an important issue or just another made up problem. Well,
Soft money undoubtedly influences our government. National party committees are allowed to use the soft money funds for voter registration drives and get-out-the-vote campaigns, but these ads can easily be manipulated to influence presidential elections. Common Cause charges that "soft money contributions are laundered through the political parties in a way that allows federally illegal money to nonetheless be used to influence federal elections." While corporations make large [soft money] donations to political parties, they are also lobbying for various legislation issues before Congress.
As a result of the court case Arizona Free Enterprise v. Bennett, it was decided that citizens should be encouraged to help in financing campaigns. When there is increased participation from citizens, self-governance is greatly facilitated. The goal of public financing is to push citizens to help the political candidate of their choice financially. Many reformers have suggested that there is too much money in politics. Statistically, this is proven to be wrong. In the 2008 election, there were 64% of Americans that were eligible to vote. There were only about 10% that give money to the campaigns, and not even 0.5% who are responsible for the bulk amount of money collected by the politicians (Overton, 2012).
Campaign Finance reform has been a topic of interest throughout the history of the United States Government, especially in the more recent decades. There are arguments on both sides of the issue. Proponents of campaign finance limits argue that wealthy donors and corporations hold too much power in elections and as a result they can corrupt campaigns. Those who favor less regulation argue that campaign donations are a form of free speech. One case in particular, Citizens United vs. The Federal Election Commission has altered everything with pertaining to Campaign Finance.
The biggest problem in campaign finance is that politicians can be bought some say “Politicians are whores for money” (PSC 300 Notes). This statement, meaning that politicians are now persuaded by money and try to represent those who donate the largest amount. Voting is also a large problem in today politics because of the lack of participation. More and more people are not turning out to the polls to vote. Voting is important because it is the most common way people participate in today’s politics. Bad voting leads to bad government and if not enough people are voting we are going to have bad government. The other problem with today’s politics is that the third party is not given a fair shake in the system. There are multiple ways the third party is not allowed to be a major player in the system. This hurts the voter because they are led to believe that they have no other viable choice when there really is. However through all these major problems opportunity arises. The opportunity that arises is that people have the ability to vote and get involved and people have the ability to have a say in what goes on around them with plenty of choices. Like I stated early we are what we vote for so in the United States we have the opportunity to vote for a good government. This being said there are still many questions in our system
The subject of campaign finance reform sounds so dull, but it is necessary to understand that reform helps to keep the society flowing smoothly. Therefore, what is the current status of campaign finance reform? In 2002 the Bipartisan Campaign Reform Act was passed by Congress. It was also known as the McCain-Feingold Act (Sidlow, 2013, p.213). It banned soft money at federal levels and regulated campaign ads from interest groups because the enormous amount of money spent by interest groups for their ads had the appearance of corruption (South University Online, 2013). There is so much money floating around right now that I fear the common man may soon have little say in what happens in this country. Now the super PACs and 501c's are spreading their influences too. Can reform be a realistic expectation of the American political process?
Political campaigns are very significant in American politics and elections. It is the period before the electorate makes political decisions in the form of elections. The attention of the citizens towards politics intensifies as the date of the elections draws near. The salience of voters improves as the election date draws near and could manifest in the form of increased media attention. Political discussions, campaign interest, strength of the intention to vote, and knowledge about the candidates are other manifestations of increased salience of voters. Another indication of improved intensity is the effort put by the candidates and their political parties in the campaigns. Parties increase their efforts in the campaign by increasing the funds disbursed for the campaign such as increasing the amount of TV advertisement (Brady, Johnston, & Sides, 2007). The increase may also be a result of redistribution of the overall campaign amount, which increases the effect of the campaign to the media and some voters.
The issue of campaign financing has been discussed for a long time. Running for office especially a higher office is not a cheap event. Candidates must spend much for hiring staff, renting office space, buying ads etc. Where does the money come from? It cannot officially come from corporations or national banks because that has been forbidden since 1907 by Congress. So if the candidate is not extremely rich himself the funding must come from donations from individuals, party committees, and PACs. PACs are political action committees, which raise funds from different sources and can be set up by corporations, labor unions or other organizations. In 1974, the Federal Election Campaign Act (FECA) requires full disclosure of any federal campaign contributions and expenditures and limits contributions to all federal candidates and political committees influencing federal elections. In 1976 the case Buckley v. Valeo upheld the contribution limits as a measure against bribery. But the Court did not rule against limits on independent expenditures, support which is not coordinated with the candidate. In the newest development, the McCutcheon v. Federal Election Commission ruling from April 2014 the supreme court struck down the aggregate limits on the amount an individual may contribute during a two-year period to all federal candidates, parties and political action committees combined. Striking down the restrictions on campaign funding creates a shift in influence and power in politics and therefore endangers democracy. Unlimited campaign funding increases the influence of few rich people on election and politics. On the other side it diminishes the influence of the majority, ordinary (poor) people, the people.
Election campaigns require tremedous financial resources, so bought-and-paid-for politicians are servants of a financial aristocracy and not rather representatives of the American people.
paper than they did a while ago, it is not in line with inflation, so