Media

It’s no secret that super PACs skew toward the wealthy set. However, a new study from Demos (editor's note: Demos is The American Prospect's publishing partner) and U.S. PIRG highlights how few people are running the money game this election cycle and how secret some of their contributions can be.

Last I checked, the whole point of a reduced payroll tax was to stimulate growth by keeping more money in the economy as opposed to channeling it into the coffers of the U.S. Treasury.

Americans don't need more reasons to distrust Congress these days, with polls showing record levels of public disapproval of the legislative  branch. Yet the reasons keep coming -- like the fact, as I wrote yesterday, that so many lawmakers and congressional staffers morph into highly paid lobbbyists the moment they leave Capitol Hill.

One of the effects of the Supreme Court's Citizens United decision is that it allowed corporations to give unlimited amounts to independent expenditure political action committees capable of supporting or opposing political candidates.

But a new report from the non-profit group Demos shows that the majority, 55.6 percent, of donations to super PACs in 2010 and 2011 still came from individuals rather than for-profit entities.

An excellent series here on PolicyShop details how corporate money corrupts our political system and erodes democracy, particularly in the wake of the Citizens United ruling.

A joint analysis by Demos and US PIRG released today takes a detailed look at the increasing (and deleterious) impact that so-called Super PACs are having on elections in the United States.  Super PACs are independent political action committees that can accept unlimited and often undisclosed financial contributions from donors to campaign for or against candidates or issues during an election.

Last month WNYC public radio launched a funny silly little tool to mock the new dangerous phenomena that are Super PACs. The "Generate Your Own Super PAC Name!" tool shoots out mocking but all-too-true faux SuperPAC names (for me it chose "Augment Personal Responsibility").

Last Friday's better than expected unemployment report brought good tidings for the nation’s 15 million unemployed and marginally attached workers -- and for the first time in a long time, it seems like young people are sharing the gains.

Super PACS “represent much of what is wrong with American democracy rolled neatly into one package,” said Marites Velasquez of Illinois PIRG, announcing a new report showing that fundraising monsters suddenly dominating our elections are funded by a very small number of very rich people.