Friday, February 24, 2012

Donors with Agendas




This article expresses the concern of the elite rich donating into super PACs for candidates to run their campaign on. It is a concerning issue so the author suggests a few solutions to the problem. First that the people of the US should be taxed for a fund that would be set up for campaign funds. He also suggests that there should be a limit on the amount of money each candidate should be able to spend.

I have to wonder how paying taxes for campaigning would be perceived by Americans. Most candidates at this point have had at least a million dollars in total donations. Imagine having to pay taxes to go into a fund for potential candidate(s) that you didn't agree with! The point of the author putting this in there is something we that don't think about often. If candidates didn't have to find other sources for funding would they be as likely to voice their opinion for issues or interest groups. If they were to get into office would they move a bill into motion because someone asked them to as a favor for the money? Would the candidate be more likely to remember they are there to represent our best interests instead of remaining in a donator's good grace?

Setting limits for campaigning would be a good idea. I believe it would keep the competition fair. I have to question where candidates receive funds from and how receiving those funds may alter their decisions in the future. One billionaire in particular has donated a sum of money to several candidates. He donated $1 million to Gingrich, $1.1 million to Perry, $100,000 to Romney and $10 to million to American Crossroads. His name is Harold Simmons. His company makes metals, paints and chemicals and he has been in trouble for lead and uranium emissions in the past. “He also runs a radioactive waste dump in Texas that has clashed with environmental regulators over its proximity to a nearby aquifer.” I wonder what type of future favors come along with that amount of money. If there are favors for large donors such as this one do you believe they would be in your best interest? The author stated “And all but the most privileged Americans will pay the price if the nation’s wealthiest can buy elections,” to support his idea on large sum donors.

If we were to be taxed for a campaigning fund we would be able to track how the money was used. It would be interesting to see how each candidate used their share. 

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