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EXCLUSIVE: MAJOR DONORS PUSH FOR CAMPAIGN FINANCE REFORM America's rich are uniting

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 08:35 PM
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EXCLUSIVE: MAJOR DONORS PUSH FOR CAMPAIGN FINANCE REFORM America's rich are uniting
EXCLUSIVE: MAJOR DONORS PUSH FOR CAMPAIGN FINANCE REFORM America's rich are uniting, hoping to cast off the chains of nagging phone calls from politicians soliciting contributions. A powerful group of 25 major donors has signed a pledge to withhold cash from any politician who doesn't sign on to the Larson-Jones FAIR Elections Now Act, which would usher in real public campaign financing. Public financing would result in diminished influence for special interests and, in fact, the donors themselves. Steve Kirsch, who kicked in $10 million to try to elect Al Gore in 2000, told HuffPost Hill he's willing to accept the reduced access - since that access rarely translates into results. "It is a trade off, because there are a lot of good things you can talk to them about, but most of the time they don't do anything about it anyway. Given the choice, I'd rather have campaign finance reform than access," he said. The 25 donors plan to lobby other rich folks to sign on, with a plan of passing the FAIR Act, which has some 140 cosponsors, this year. The campaign's being run by Change Congress, co-founded by Lawrence Lessig and Joe Trippi, along with Common Cause and the Public Campaign Action Fund. More on the donor strike, and the full list of the donors, in HuffPost tomorrow.
http://www.huffingtonpost.com/2010/05/11/huffpost-hill---may-11-20_n_572435.html
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wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 08:47 PM
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1. k&r! nt
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 08:49 PM
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2. Oh the 'major donors" have long ago "united".....
and their $$$ will override - out-finance ANYTHING almost everything else.

The major donors are still mostly greedy *ssholes, only looking out for their own *ss.
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Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 08:51 PM
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3. K&R
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Luminous Animal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 08:57 PM
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4. Link to the FAIR Election Now site
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 09:28 PM
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5. This mini-major donor ($25.)
and thousandaire joins in their support.
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 09:36 PM
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6. The repukes and their corporate masters will find a way around it.
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-10 09:40 PM
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7. Awesome! . . . k, so there's some of the Rich we're not going to eat. nt
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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 07:41 AM
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8. K&R
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4_TN_TITANS Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 12:05 PM
Response to Original message
9. Sounds like the politicians have gotten too expensive
as far as bang for the buck.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-12-10 12:10 PM
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10. I K&R but fear this just means that they'd rather just buy their own ads
,create interest type films, and continue to utilize the media they own to shape/control public opinion while adding to the illusion of "power to the people".

In other words they may now feel they can skip the "middle men" in light of Citizens United and avoid the heat of being tied directly to pols.
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Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-13-10 06:18 PM
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11. Kick
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