Six out of the top 10 fundraising super PACs have received untraceable donations. In total, 20 percent of super PACs received untraceable donations in 2011.
A study entitled "Auctioning Democracy" also found that the super rich give a large amount of the funding received by super PACs. This skews American politics, it concluded, because wealthy donors have different life experiences and political preferences than other citizens.
As if we needed still more evidence that financial authority over national political campaigns is increasingly wielded by fewer and fewer really rich people, consider this exhibit:
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.
The Montana Supreme Court in Helena stands just off the main drag, dramatically called Last Chance Gulch Street. The picturesque setting is fitting for an institution that has just challenged the U.S. Supreme Court to a legal showdown on the enormously important question of whether corporations should have an unfettered right to dominate elections or whether citizens have the right to adopt commonsense protections to defend democratic government from corruption. Get the kids off the streets, because this could be an epic confrontation.
How long do working mothers stay home after having their first child? If you guessed the answer might be 12 weeks (not an unreasonable assumption, since that’s the amount of time allotted by our national family leave law), you’d be sadly mistaken. According to recently released census numbers, a majority of mothers who worked during pregnancy go back before that, some way before. More than a quarter are at work within two months of giving birth and one in 10—more than half a million women each year—go back to their jobs in four weeks or less.
The existence of the U.S. middle class is in peril. Young people between the ages of 18 and 34 are living in a more fragile economic environment than 30 years ago. If something isn't done to help them lead more economically stable lives, they'll never make it into the middle class.
That's the conclusion of a new report "The State of Young America" from Demos, a combination think-tank and advocacy organization based in New York.
The assault on the right to vote witnessed in 2011 is historic in terms of its geographic scope and intensity. Legislation enacted in states across the country to require government-issued photo identification and/or prove citizenship to register to vote, make voter registration more difficult, and curtail early voting is nothing short of blatant vote suppression, the likes of which has not been seen in generations.
Occupy Wall Street has, in the words of John Paul Rollert, “come to embody a common sense that something is wrong with American capitalism.” The problem Rollert points to is not with capitalism itself, but with a particular American version that has ceased to work for broad cross-sections of its population. Given America’s Depression-level income inequality and near-record levels of public and private indebtedness, it is extremely tempting to focus on bad outcomes as the problem.
Do Republicans in Congress care about creating jobs -- which polls say is the number one issue for voters -- or about ideological purity? The ongoing debate on Capitol Hill over President Obama’s $447 billion jobs package offers a crystal clear answer to that question.
The citizens of Maine will be voting tomorrow whether to keep the same-day registration system that they’ve had for nearly four decades. Since 1973, Maine voters have been able to walk into a polling place or a municipal clerk’s office on Election Day and register to vote.
Occupy Wall Street has already accomplished a great deal by shifting public discourse in this country. Instead of focusing on the need for austerity and deficit reduction, attention is rightly being directed at economic disparities and the deep structural problems that the United States faces.