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Thread: Firm gives $1 million to pro-Romney group, then dissolves(edited)

  1. #91
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    Re: Super PAC's try end around

    Quote Originally Posted by Catawba View Post
    I read where most of the Wall street political contributions went to the GOP in 2010. I guess they know who is looking out after their interest!
    I guess they learned their lesson and decided to back politicians that actually know something about economics after 2 disastrous years under Obama:

    (Reuters) - Wall Street is putting its money behind Democrat Barack Obama for president, despite worries that his administration would raise taxes and take a tougher line on trade and regulation.

    The signs Wall Street reads point to Democrats prevailing in the November presidential and general election as voters punish the incumbent Republican Party for a flagging economy and lengthy Iraq war.

    And the fact that Obama began raking in a bigger share of the cash as his campaign picked up steam suggests that investors simply want to back the eventual winner.
    Wall Street puts its money behind Obama | Reuters

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Super PAC's try end around

    Quote Originally Posted by Catawba View Post
    I think "people" is the focus. This was a company that formed solely for the purpose of making the huge contribution. That is not the equivalent of a personal donation.
    You have no idea what was done here. Groups have provided lump sums for a long time. From Emily's list.

    EMILY’s List, whose name is an acronym (Early Money is Like Yeast), is a national political action committee that works to elect pro-choice female Democrats. The group has turned the bundling of campaign contributions into an art form, enlisting thousands of members nationwide to direct their money to key races. Because much of that money comes in donations below the $200 threshold for reporting, the totals given by EMILY’s List members is considerably greater than the official totals reflected in FEC reports. Abortion rights have always been a key issue for the group, though recently, its agenda has also expanded toward economic and social issues, like education funding.

    So they report contributions over $200. Anything under $200 they don't even bother reporting. Enough of them can add up to some serious money.

    EMILY's List: Summary | OpenSecrets

  3. #93
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    Singling out one entity is not a fair question. I'm not going to pick on one. If you want to discuss all in general, as I said, it's a fair point. Nobody seemed to want to do that.
    And several people here have said that they are fine with banning big money from all campaigns, no matter the source. What's your opinion on this? How about public financing of campaigns?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Super PAC's try end around

    Quote Originally Posted by sangha View Post
    And several people here have said that they are fine with banning big money from all campaigns, no matter the source. What's your opinion on this? How about public financing of campaigns?
    I already noted that it's a waste of time to try and discuss things with you while you dance around.

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    Re: Super PAC's try end around

    Quote Originally Posted by sangha View Post
    And several people here have said that they are fine with banning big money from all campaigns, no matter the source. What's your opinion on this? How about public financing of campaigns?
    Or just limits on campaign spending. This, IMO, would unclutter some of the noise to signal input.

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    Re: Super PAC's try end around

    Quote Originally Posted by Polotick View Post
    Or just limits on campaign spending. This, IMO, would unclutter some of the noise to signal input.
    The two parties could agree to do this. When do you think they will?

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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    The two parties could agree to do this. When do you think they will?
    Two days after the end of the world.

  8. #98
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    OMG, I provide a main stream news source and you provide nothing and you want me to find even more? Really?
    1Perry is right. Obama took money from PACs including a GS PAC. But if we can leave the partisanship aside for a moment, does anyone here think that this is A Good Thing?
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #99
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    Re: Super PAC's try end around

    Quote Originally Posted by sangha View Post
    1Perry is right. Obama took money from PACs including a GS PAC. But if we can leave the partisanship aside for a moment, does anyone here think that this is A Good Thing?
    No. Not ever.

  10. #100
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    Re: Super PAC's try end around

    Quote Originally Posted by 1Perry View Post
    I already noted that it's a waste of time to try and discuss things with you while you dance around.
    So you have no opinion?

    I understand. It's OK when Romney does it, but its' wrong when Obama does it.

    IOKIYAR
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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