This election may come down to the wealthy buying the highest political position
in the nation, and mark my word, it will be the wealthy who will benefit from
this. I can hardly wait to see all the rationalizations about how that's a
good thing. Hope you all have 4 years of food storage.
Re: embarrassed Utahn! Salt Lake City, UT"Mitt is still worthy and not
at all greed-driven."Yes, probably why he accepted the call to
take over leadership of the 2002 Winter Olympics without pay. How much more
greedy can anyone get?
@schwa.... did you really think that foreign entities were not participating in
PACs? You surely haven't been watching very closely if you were not aware
of it. But since you asked.:Political action committees connected
to foreign-based corporations have donated nearly $60 million to candidates and
parties over the past decade, including $12 million since the start of 2009,
federal contribution records show."Source: WashingtonPost
2010"A new study by U.S. PIRG and another research organization,
Demos, found that 6.4 percent of super PAC donations since 2010 were
"untraceable" because of vague or masked information about the sources
of the money. It also found that six of the 10 largest super PACs accepted such
untraceable donations — including the pro-Romney group Restore Our Future;
Priorities USA Action, a committee backing Obama; American Crossroads, a major
Republican super PAC; and its Democratic party rival, American Bridge 21st
Century."Source: Associated PressFurther, US
subsidiaries of foreign corporations are allowed to legally donate to PACs.
They are not allowed to direct the activities of that pack, but can spend all
they want. (See FEC AOs 2000-17, 1995-15, 1990-8, 1989-29, and
Don't worry, the "donation" will go only to promote humanitarian
causes! Mitt is still worthy and not at all greed-driven.
Poor BO is not as successful in fundraising. call the waaaambulance!I didn't see all this dem hand-wringing in the 2010 election cycle when
they raised more money than the repubs. It only becomes "bad" when they
again find themselves on the short end of the stick.VST,I
think Schwa was referring to the Chinese money paid to the clinton campaign in
1996.atl134,BO promised early in the 2008 campaign to just use
public money. His abandonment of that pledge was not grudginly done in the
least. Williary,you mean the $35,000 - $65,000 per plate
fundraisers BO's had in Hollywood and at Bain Capital were only $250 per
person?Now if you are talking about union dues forcibly removed from
workers' paychecks in closed shop states and funneled to the BO campaign -
I guess you can make your $250 claim.
Does Mitt have a tourbus? He can put the names of this "sponsors" in
sticker form all over the vehicle, like a Nascar driver!So
unfortunate that the supreme judicial voice of the land used their political
ideals to help destroy the campaign process, even more than it already was.I can see it now; "President Mitt Romney, brought to you by Shell
Oil, NuSkin and Las Vegas Casino Owners."What Rifleman refuses
to acknowledge, no matter how many times the facts are pointed out to him, is
that it's not just about these random HUGE donations for Mitt. 85% of the
donations to his campaign itself are large donations, $250 or more. Then add in
the MILLIONS to Republican Super PAC's that are 100% financed by
corporations and millionaires, and 99% of every dollar that is spent in support
of Mitt comes from the 1%. Those are just facts.Meanwhile, 98% of
the President's campaign donations are $250 or less. And the money given
to Pro-Obama Super Pac's from millionaires/corporations doesn't even
touch Mitt's. Again, facts.
Your democratic rights are being sold to the highest bidder.Everyone
should stop for a moment and think about the fact that FOREIGN MONEY is now
allowed in our political campaigns.
@RiflemanLiberals object to the system we have that allows for unlimited
donations of this kind, but are aware that if we're stuck in this stupid
system, we can't unilaterally disarm so we'll use it begrudgingly
(evident in the fact that Democratic supporting superPACs are doing abysmally by
While the liberals don't object to donations to Obama's campaign they
find it irritating that Mitt Romney would beat them at their own game.It's only going to get worse for Obama as time goes on.