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Thread: 10 business honchos about to flood Congress with money

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    10 business honchos about to flood Congress with money

    http://finance.yahoo.com/blogs/the-e...140020944.html

    Big political donors such as Charles and David Koch, Sheldon Adelson and George Soros have drawn attention mostly because of ideological campaigns to unseat an entire political party or push a particular social agenda. Adelson and the Koch Brothers fund Republicans and advocate limited government, among other things. Soros, a top Democratic donor, lobbies for immigration reform and other social-justice causes. Up till now, most of their donations have been in the form of “soft money” targeted at party committees and so-called super PACs, which can spend large sums advocating on behalf of issues or parties.

    The McCutcheon decision, by contrast, will open up new pathways for businesses to pursue narrower issues that might be of interest only to them, through “hard money” donations directly to politicians who write the laws. “That’s much more valuable for donors to use to gain access and influence through donations,” says Krumholz.


    Ideological donors can have business interests too, of course: Adelson, for instance, wants Congress to ban online gambling, which competes with his casinos. Koch Industries, which is privately owned by the Koch family, is a conglomerate with major energy holdings subject to federal and state environmental regulations. It’s not clear yet whether the new rules will benefit certain industries over others or prompt a do-little Congress to be more aggressive about passing laws favorable to generous donors. But it’s nearly certain more money will flow to politicians, giving lobbyists more leverage to ask for favors in return.
    The best part about this entire ****ty decision is that there were members of SCOTUS who didn't think it went far enough. Some actually were in support of what is essentially buying your own congressman. The RNCs complicity in this is what's most shocking. The same people complaining about the influence of rich left wingers like George Soros have now effectively given those rich left wingers the power to put large amounts of cash in Democratic coffers. This, along the Senate's recent decision to approve the nuclear option mean we are headed down an EXTREMELY dangerous path of undemocratic election policies.
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by Hatuey View Post
    http://finance.yahoo.com/blogs/the-e...140020944.html



    The best part about this entire ****ty decision is that there were members of SCOTUS who didn't think it went far enough. Some actually were in support of what is essentially buying your own congressman. The RNCs complicity in this is what's most shocking. The same people complaining about the influence of rich left wingers like George Soros have now effectively given those rich left wingers the power to put large amounts of cash in Democratic coffers. This, along the Senate's recent decision to approve the nuclear option mean we are headed down an EXTREMELY dangerous path of undemocratic election policies.

    It does the reverse actually. It forces the rich to spend MORE of their own money to get what they want, because of competing interests. It actually pushes power back to the people who don't have a lot of money. Remove the rest of the limits and the rich will be spending sizable portions of their wealth just trying to buy influence against their competitors. I find the whole situation amusing.
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by PirateMk1 View Post
    It does the reverse actually. It forces the rich to spend MORE of their own money to get what they want, because of competing interests. It actually pushes power back to the people who don't have a lot of money. Remove the rest of the limits and the rich will be spending sizable portions of their wealth just trying to buy influence against their competitors. I find the whole situation amusing.
    What a nice way to all of this. You do realize that those who don't have a lot of money don't make large contributions to many candidates. Correct? And that by being able to contribute to many candidates it'll simply mean more backdoor deals with our elected officials and wider influence. Yes? Did you even read the link?

    The McCutcheon decision, by contrast, will open up new pathways for businesses to pursue narrower issues that might be of interest only to them, through “hard money” donations directly to politicians who write the laws. “That’s much more valuable for donors to use to gain access and influence through donations,” says Krumholz.
    The minute there are no longer limits on the amount which can be donated, we'll see the door wide opened for politicians who are quite literally owned by corporations.
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by Hatuey View Post
    What a nice way to all of this. You do realize that those who don't have a lot of money don't make large contributions to many candidates. Correct? And that by being able to contribute to many candidates it'll simply mean more backdoor deals with our elected officials and wider influence. Yes? Did you even read the link?



    The minute there are no longer limits on the amount which can be donated, we'll see the door wide opened for politicians who are quite literally owned by corporations.
    Which is different then the politicians owned by unions how? Give it a rest man. The reason you're all in a tizzy over this isn't because of the "undo influence" of money, you might like to think that's the case and maybe you PERSONALLY even do feel that way however... the reality is Citizens United undermined the power of unions in the political giving arena which hurts amazingly enough, democrats. Which party is MOST angry over CU? Democrats! Thus here you are. The real here is your "outrage".
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by MrVicchio View Post
    Which is different then the politicians owned by unions how? Give it a rest man. The reason you're all in a tizzy over this isn't because of the "undo influence" of money, you might like to think that's the case and maybe you PERSONALLY even do feel that way however... the reality is Citizens United undermined the power of unions in the political giving arena which hurts amazingly enough, democrats. Which party is MOST angry over CU? Democrats! Thus here you are. The real here is your "outrage".
    You seriously think this is a good thing, or a partisan issue? A union could just as easily buy itself a majority as a corporation. It gives anyone with enough money the legal ability to say "pass this law and I'll give you $X".

    As a conservative, do you really think this would lead to less government?
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by spud_meister View Post
    You seriously think this is a good thing, or a partisan issue? A union could just as easily buy itself a majority as a corporation. It gives anyone with enough money the legal ability to say "pass this law and I'll give you $X".

    As a conservative, do you really think this would lead to less government?

    Spud... I don't see it the same way you do. Unions have bought candidates for YEARS with their power to get their members to vote for the candidate of their choice (bought) and now they have competition. The real reason the left is all up in arms over Citizen United.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by Hatuey View Post
    http://finance.yahoo.com/blogs/the-e...140020944.html



    The best part about this entire ****ty decision is that there were members of SCOTUS who didn't think it went far enough. Some actually were in support of what is essentially buying your own congressman. The RNCs complicity in this is what's most shocking. The same people complaining about the influence of rich left wingers like George Soros have now effectively given those rich left wingers the power to put large amounts of cash in Democratic coffers. This, along the Senate's recent decision to approve the nuclear option mean we are headed down an EXTREMELY dangerous path of undemocratic election policies.

    Too bad there isn't a app where you can take a photo of someone and put stretch marks around that person's mouth. Then you could do one of those demotivational posters of a whore and an elected official next to each other with the caption "Guess what whores and elected officials have in common?".
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

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    Re: 10 business honchos about to flood Congress with money

    Our country has now legalized bribery and corruption in the highest levels of government, and it will eventually destroy us. Already, pieces of our founding documents have been made null and void for all intent and purpose....it is very sad to watch.

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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by MrVicchio View Post
    Spud... I don't see it the same way you do. Unions have bought candidates for YEARS with their power to get their members to vote for the candidate of their choice (bought) and now they have competition. The real reason the left is all up in arms over Citizen United.
    So you believe it's ok for organisations to exert influence over politicians? That the rich and powerful deserve more of a voice in the running of the nation?
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    Re: 10 business honchos about to flood Congress with money

    Quote Originally Posted by spud_meister View Post
    So you believe it's ok for organisations to exert influence over politicians? That the rich and powerful deserve more of a voice in the running of the nation?
    Spare me spud. Such a bull**** arguement. Politics has always involved influence. CU doesn't suddenly change that.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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