Does Big Money Spell Trouble in this Year’s Campaigns?

I’d say yes.  I see no way that such an influx of “speech”, put forth by a select few with very narrow interests that may conflict with those of the majority, could be seen as anything but a problem.

My concern is that this money will and is talking, but it may not be telling the truth.  If we invite so much wealth and power to throw its weight around, we are crowding out what could be space for balanced discussion of positions and proscriptions.  We create an ever more toxic political environment that not only clouds the perceptions and opinions of the interested voters, but turns away many more who just can’t engage with such falseness.

What do you think about Super PACs, Citizens United, and the current political climate?

Via CNN:

When Senate Majority Leader Harry Reid, D-Nevada, pronounced this week that “17 angry old white men will wake up and realize they’ve just bought the country,” after the elections, he echoed the distaste many Americans feel at the secrecy surrounding the flood of money pouring into campaigns.

Political experts estimate $6 billion will be spent during the 2012 presidential elections — a large chunk of it via anonymous donors thanks to a Supreme Court ruling which allows unlimited corporate campaign donations. That’s enough money to give 6/7ths of the world’s population $1 each. Politicos and even comedians have made much ado about the influence of anonymous super rich donors and well heeled super PACs, groups that can raise money from a number of sources and spend unlimited amounts independent of and in support of political campaigns.

Democrats on Capitol Hill bemoaned failed efforts this week at forcing out of the shadows political campaign donors who give more than $10,000 to independent groups. Republicans called Democratic efforts a disingenuous attempt to silence critics by going “after the microphone instead, by trying to scare off the funders,” said Senate Minority Leader Mitch McConnell, R-Kentucky, long an advocate of campaign donations as a form of free speech.

“We are determined to prove that transparency is not a radical concept,” Sen. Tom Udall, D-New Mexico, said of the bill to force groups to reveal big donors’ identities. “Our bill is as simple and straightforward as it gets — if you are making large donations to influence an election, the voters in that election should know who you are. The American people are blessed with common sense. They know that when someone will not admit to something, it is usually because there is something to hide.”

It’s an issue that’s chock-ful of sermonizing and spin.

“Every election we have a lot of hand-wringing… but this issue has been with us a long time,” said Michael Toner, a former Federal Election Commission chairman and a veteran campaign finance attorney.

The fact is the Supreme Court has found that this practice qualifies as free speech.

The fact is lawmakers on both sides of the aisle have punted — repeatedly — on forcing big donors to disclose their identities. Lawmakers such as McConnell once supported transparency for these types of donations but later vociferously advocated anonymity to protect donors from harassment.

The fact is both major political parties and conservative and liberal groups alike have benefited for decades from money donated from the shadows.

“Yes, there are some pretty rich people who support super PACs because they have some strong ideas. The super PACS are not the evil so many people portray them to be,” said Joel Gora, a Brooklyn Law School professor who worked on Buckley v. Valeo, the landmark 1970s Supreme Court case that determined spending money to influence elections is a form of free speech.

“Just because some people can speak more than other people, the solution is not to prevent them to speaking,” Gora said. “It’s to help…level up free speech for everybody.”

Still, something about it, for many folks, just feels, well, wrong.

A poll conducted in April of roughly 1,000 likely voters by the the Brennan Center for Justice at New York University School of Law found that “one in four Americans — 26% — say they are less likely to vote because big donors to super PACs have so much more influence over elected officials than average Americans.”

For some voters, big dollars means big trouble for the electoral process.

“Of course that kind of money spells trouble! If nothing else, it leaves the suspicion that the office is for sale to the highest bidder,” Phil Clouser said on CNN Politics’ Facebook page. “Campaign spending should be limited to whatever the office will pay for that term.”

Others feel the bluster over anonymous donors is a red herring.

President Barack Obama and Republican presidential candidate Mitt Romney “will each spend a lot on advertising as is usually done. This election is much more important to conservatives so they are making a lot of contributions to Romney,” Judi Purcell said on CNN Politics’ Facebook page. “Obama has gone to a lot of fundraisers so he has a lot of money too. That’s the way is it and those who don’t like it don’t have to like it.”



4 thoughts on “Does Big Money Spell Trouble in this Year’s Campaigns?

  1. I agree with Jennifer. The system has broken down. It will not be fixed until or unless we find a way to curtail political spending and limit terms.

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  2. What’s different now is the qutntiay one individual can donate. You used to have to bundle to put that much dough together. Now it’s from a single source. One voice murmuring in your ear is a lot more powerful than 20.

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