Money And Elections

The 2018 mid-terms is just days away…..and as with every election for decades the talking points will be about which party and/or candidate has put together the most donors and cash.

Everybody knows the old talking points about campaign cash…..he who spends the most wins….Dark money……yada yada…..

But there is a bit more to the effects of cash on elections than the 30 second sound bite network TV gives the listeners….

The Nerds at geeky website, fivethirtyeight.com, has put together a good piece to explain the effects of cash on elections.

To quote the great political philosopher Cyndi Lauper, “Money changes everything.” 1 And nowhere is that proverb more taken to heart than in a federal election, where billions of dollars are raised and spent on the understanding that money is a crucial determinant of whether or not a candidate will win.

This year, the money has been coming in and out of political campaigns at a particularly furious pace. Collectively, U.S. House candidates raised more money by Aug. 27 than House candidates raised during the entire 2014 midterm election cycle, and Senate candidates weren’t far behind. Ad volumes are up 86 percent compared to that previous midterm. Dark money — flowing to political action committees from undisclosed donors — is up 26 percent.

https://fivethirtyeight.com/features/money-and-elections-a-complicated-love-story/

SCOTUS has made corporations equal to individuals and in doing so made the dark money a driving force in elections…..it has replaced real issues with the direction of donors.

Just 15 groups were responsible for more than 75 percent of dark money political spending from 2010 to 2016, and together poured more than $600 million—out of a total of $800+ million—into campaigns in the wake of the landmark Citizens United case, according to a new analysis from Issue One, a nonpartisan nonprofit that advocates for stricter campaign finance rules.

https://www.commondreams.org/news/2018/09/13/citizens-united-just-15-groups-account-75-percent-800-million-dark-money-spent-us

Dems are just as bad as the GOP…..they talk a mean game but do little to change anything…..

For voters concerned about the bad consequences of big business spending on elections, a New York Times reportlast month promised mid-summer relief. “Tired of Money in Politics, Some Democrats Think Small,” the headline read.

The accompanying article, which focused on a Minnesota Congressional contest, noted that, “in mid-term races around the country…dozens of Democrats [are] rejecting donations from political action committees, or PACs, that are sponsored by corporations or industry groups.”

https://www.counterpunch.org/2018/09/12/big-money-in-politics-are-leading-democrats-really-on-the-wagon-or-still-sneaking-a-drink/

Dems are always bitching about the money in politics and all the while are standing with their hands out.  There is only one way to remove big money from politics……by law and by making elections a federal funded operation…..no private money.

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4 thoughts on “Money And Elections

  1. There are laws here about how much each party is allowed to spend on election advertising, and many politicians have fallen foul of them in the past.
    Best wishes, Pete.

  2. I am reading another book on the dark money from the far right.

    Citizens was the turning in of the spigot. Only the Supreme Court can turn it off. Considering the present make up of the court and who will likely take the next seat chances look slim. If democrats can take the senate they made be able to slow down the flow.

    I’m Georgia we have s close governor’s race. Commercials are constant on television. More money is being spent by the right. Turnout sill be the key.

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