2016 Postmortem
Related: About this forumBait, Shiny Objects and Corruption
Someone here at DU posted about this yesterday but we, myself included, were distracted by the photo discussion and despicable methods to poison the democratic process for this election.
But wait! There's more.
Adding insult to injury, these restrictions were put in place by none other than President Obama.
http://usuncut.com/news/the-dnc-opens-the-gates-to-unlimited-wall-street-funding/
Jacqueline Pine | February 12,
The Democratic National Committee, headed by the massively unpopular Debbie Wasserman Schultz, has just lifted the last restrictions preventing the DNC from receiving direct contributions from Wall Street and special interest lobbyists.
Under the new rules, political action committees (PACs) and other corporate lobbyists and special interests are now free to donate unlimited sums to the DNC itself. The previous restrictions were put in place by President Barack Obama after his own election, which he marked by saying, We are going to change how Washington works.
He continued by affirming that corporate PACs will not fund my party. They will not run our White House. And they will not drown out the voice of the American people when Im president of the United States of America.
These changes in the campaign finance and fundraising system of the DNC (and of the election process in general) are a cornerstone of the campaign of Bernie Sanders, who in his victory speech in New Hampshire referenced corruption in the campaign financing system no less than five times. He has also touted the fact that he has no super PACs funding his campaign and that the average contribution he receives is just $27.
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This change in policy was preceded by a decision to allow PACs to donate to the annual nominating conventions, after Congress cancelled the $20 million it previously provided in federal funding to both parties conventions.
Robert Reich, who was Bill Clintons Secretary of Labor and is a harsh critic of Wall Street and vocal supporter of Bernie Sanders, was aghast at the DNCs decision, posting a scathing Facebook post in which he accuses the DNC of being a siphon for more corruption.
According to todays Washington Post, the Democratic National Committee has quietly reversed restrictions banning
:snip:
Likewise, the campaign finance reform and transparency activist Fred Wertheimer expressed his profound disagreement with the DNC. It is a major step in the wrong direction, and it is completely out of touch with the clear public rejection of the role of political money in Washington.
FreakinDJ
(17,644 posts)Its not so much the DNC as it is Hillary's influence over the DNC that is turning it into a siphon for more corruption.
It's been this way for years, supported and influenced by many, the aforementioned included.
catnhatnh
(8,976 posts)By agreeing to vacuum up extra cash for the general, it frees Hillary to blow every nickle she can lay her hands on to bury Bernie without worrying about cash for the general.
Rebkeh
(2,450 posts)Truly despicable.