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Citizens United has opened the door to what one report is calling the auctioning of democracy. Much of the money being donated through Super PACs is keeping their source secret and the money is untraceable.
If what these Super PAC donors are doing is nothing to be ashamed of, then why are they hiding their identity?
Today Illinois PIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.
D.C. – This Wednesday, February 8th, Demos and U.S. PIRG are holding a press call to release a new and comprehensive analysis of Federal Election Commission data on Super PACs, from their advent in 2010 through the end of 2011. This new report, “Auctioning Democracy: The Rise of Super PACs and the 2012 Election,” details FEC data findings, lays out actionable recommendations for all levels of government, and provides vivid new infographics (for use with attribution) that illustrate the damage dealt by Super PACs.
Listen closely, and you'll often find yourself surprised by just how trenchantly some libertarians critique crony capitalism and how bold their ideas are for breaking the toxic ties between business and government.
Demos applauds the Department of Labor’s and Treasury Department’s announcements on Friday of several rule changes that would make it easier for some Americans to protect themselves against the risk of outliving their retirement savings when they retire.
There is crazy and then there is this: Tea Party activists have taken to calling local and state efforts to control sprawl and conserve energy a vast UN-led conspiracy to deny property rights and create “A one world order.” Uh, what?