Results 1 to 1 of 1

Thread: Campaign Financing/Spending

  1. government of the people, by the people, for the people
    FACE-IT is offline government is the responsibility of the people....Login/Registration via Facebook

    Default Campaign Financing/Spending

    Total Amount Spent On Federal Elections
    2012 $6.3 billion $2.6 billion on the presidential race alone
    2010 $3.6 billion
    2008 $5.3 billion $2.8 billion on the presidential race alone
    2006 $2.9 billion
    2004 $4.1 billion $1.9 billion on the presidential race alone
    2002 $2.2 billion
    2000 $3.1 billion $1.4 billion on the presidential race alone
    1998 $1.6 billion
    1982 $343 million
    1974 $77 million

    Average Cost of Winning Seat (in millions)
    2012 $10.5
    2010 $9.8
    2002 $4.8

    House of Representatives
    2012 $1.7
    2010 $1.4
    1998 $0.6

    07-25-2014 Wall Street, AKA the 1%, spending $1.5M a day on lobbying, campaigns

    07-10-2014 In the 2014 election cycle

    114 super PACs have already spent $77.8M
    in 2010, 83 groups spent a total of $62.6M

    06-10-2014 Campaign Finance Hearings Showcase Extremes | Rules of the Game

    Lawrence Lessig: The unstoppable walk to political reform

    04-02-2014 McCutcheon: The Supreme Court Takes Another Step to Advance Money in Politics a single donor can now contribute as much as $3.5 million, to be divvied up between candidates, PACs, and political parties

    McCutcheon vs FEC

    2014 Outside Spending, by Donors' Industries

    03-06-2014 Outside groups dwarf candidate spending in Democrat Alex Sink and Republican David Jolly Florida special election

    01-22-2014 How Citizens United changed politics, in 7 charts

    01-13-2014 Government Election Funding

    01-07-2014 AZ Campaign funding program targeted

    01-06-2014 Representative wants voters to repeal Clean Elections, use funds for education

    retweet: level the playing field .. support Public Campaign Financing ... take ALL special interests out of politics

    following is cache of continually gathered info, most not edited/consolidated/ordered ...

    10-20-2013 Congress Using 'Slush Funds' to Bankroll Lavish Lifestyles

    Campaign finance in the United States

    Presidential Elections Voter Turnout
    2000 50.3%
    2004 55.7%
    2008 57.1%
    2012 57.5%

    09-12-2013 in response to: Cruz: DC Establishment 'Scared to Death' of Grassroots
    to think, Public Campaign Financing would eliminate most of the major problems in politics, we only have to wonder why it hasn't happened yet? there are two sides in this, and each, is just as one-sided as the other ... neither being exactly what the people are looking for, or want. The Republicans have as much, if not more, to fear, than the Democrats. DC Establishment works both ways. How many people are making a living off of manipulating the politicians ... the MSM, the endless number of think tanks, and 501C-3s and 501C-4s, lobbyists up the ying-yang, the corporations, the Top 1%, the minorities. It's a chess match, and the people are losing regardless of who is in charge. all of government is pretty much common sense, yet we see little of it in Washington DC.

    There were 12,719 lobbyists in Washington, D.C. as of 2011—or 23 for every one member of Congress
    10,290 registered lobbyists for 2013, there were 14,842 in 2007.

    Read more:
    Follow us: @thehill on Twitter | TheHill on Facebook

    In 1970, 3% of Congress went on to become lobbyists
    Now, 42% of the House, and 50% of the Senate, become Lobbyists

    Largest Dark Money Donor Groups Share Funds, Hide Links - OpenSecrets Blog

    Poll: Americans largely in favor of campaign spending limitations

    Fund-raising game upended in 2012 race
    Public funds passé as super PACs dominate

    money corrupts; money in politics absolutely corrupts the political process -
    should we, the people ban/outlaw private money from the political process -
    to be replaced, instead by frugal limited public financing to provide
    internet-based candidate positions on we, the people stated issues,
    so that candidates may be evaluated on issues rather than party, and personality.
    free air time on C-SPAN

    it's time to begin cutting the overhead

    in example:
    "on the take."
    fundraisers have deep ties to lobbyists

    In 2008—the last presidential election year—candidates for office, political parties, and independent groups spent a total of $5.3 billion on federal elections.[2] The amount spent on the presidential race alone was $2.4 billion,[3] and over $1 billion of that was spent by the campaigns of the two major candidates: Barack Obama spent $730 million in his election campaign, and John McCain spent $333 million.[4]

    In the 2010 midterm election cycle, candidates for office, political parties, and independent groups spent a total of $3.6 billion on federal elections. The average winner of a seat in the House of Representatives spent $1.4 million on his or her campaign. The average winner of a Senate seat spent $9.8 million.[5]

    Total Costs of Presidential Campaign
    2008 $2.4 billion

    112th Congress Fundraising

    The tyranny of tiny minds and big money; Larry Lessig
    After three years, time for Obama to deliver on his promise
    to curb money in politics

    Are we, as Americans, in agreement, to outlaw/ban private money
    from campaign financing, replaced by frugal public financing (tbd)?

    06/25 top donors to Mitt Romney's campaign so far in 2012 Goldman Sachs $593,080
    JPMorgan Chase & Co $467,089
    Bank of America $425,100
    Morgan Stanley $399,850
    Credit Suisse Group $390,360
    Citigroup Inc $312,800
    Kirkland & Ellis $264,302
    Wells Fargo $237,550
    Barclays $234,650
    PricewaterhouseCoopers $227,250
    Deloitte LLP $222,250
    HIG Capital $216,995
    UBS AG $207,750
    Blackstone Group $198,800
    Bain Capital $156,500
    Elliott Management $146,275
    Marriott International $137,827
    General Electric $135,450
    Bain & Co $130,550
    EMC Corp $129,450

    Other considerations

    Term limits - limit two 2-year House terms, limit one 4 year Senate term
    Progression - only after serving 2 House terms, eligible for one Senate term

    transparency in all actions

    eliminate racism in Congress,
    banish the Hispanic and Black Congressional Caucuses

    Congressional Reform Act of 2011

    1. No Tenure / No Pension.

    A Congressman/woman collects a salary while in office and receives no
    pay when they're out of office.

    2. Congress (past, present & future) participates in Social

    All funds in the Congressional retirement fund move to the
    Social Security system immediately. All future funds flow into
    the Social Security system, and Congress participates with the
    American people. It may not be used for any other purpose.

    3. Congress can purchase their own retirement plan, just as all
    Americans do.

    4. Congress will no longer vote themselves a pay raise.
    Congressional pay will rise by the lower of CPI or 3%.

    5. Congress loses their current health care system and
    participates in the same health care system as the American people.

    6. Congress must equally abide by all laws they impose on the
    American people.

    7. All contracts with past and present Congressmen/women are void
    effective 1/1/12. The American people did not make this
    contract with Congressmen/women.

    Congressmen/women made all these contracts for themselves. Serving in
    Congress is an honor, not a career. The Founding Fathers
    envisioned citizen legislators, so ours should serve their
    term(s), then go home and back to work.
    Last edited by FACE-IT; 08-28-2014 at 05:37 AM.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts