Bernie Sanders
Related: About this forumHERE is why HRC's $$$ will NOT buy this election.
This extensive interview is quite revealing - I'm just posting his comments on money in campaigns - he also does a brilliant explanation of lobbying's corrupting impact on politicians. "He" is Bruce Bartlett, the historian and former member of the Reagan and George H.W. Bush administrations who has since become one of movement conservatisms most scathing critics.
http://www.salon.com/2015/05/14/utter_insanity_and_stupidity_ex_reagan_adviser_unloads_on_gop_lobbyists_and_the_myth_of_the_moderate_republican/
Q. - Does your skepticism apply beyond presidential campaigns? The idea that the impact of money is overstated when its a high-profile race is pretty mainstream; but do you take it further?
A - Well, in general, I think that people overestimate the value of money in politics. I think that there is a threshold effect; that is to say, you need a minimum amount to be competitive. And I think up to a certain point, in any given race, theres enormous value to each additional dollar that is raised, because it will be spent efficiently in increased votes. But I do think that there is a point at which it levels off and at which point each additional dollar doesnt really help very much, if at all. I think that theres also a downward point at which you have too much money, and you actually start alienating potential voters by running too many ads, doing too much stuff that just alienates, irritates them, so you actually end up being worse off.
Q. - Why do you think that understanding is not reflected more in political analysis?
A. - I think campaign consultants basically know this, but theres an enormous bias in the system. That results from the fact that basically campaign consultants make their money, by running as many ads as you can possibly raise the money to run. Im not sure how many contributors really understand how the system operates.
See, what happens is, these consultants, they own the advertising companies that buy the advertising time and so they get a commission of like 15 percent on every dollar of advertising that a campaign buys. The more advertising that they buy, the more money that goes into their pockets. So its in their interests to keep buying more and more advertising, long past the point at which diminishing returns have set in . Im not sure very many contributors understand this; and also I think candidates are just sort of conditioned to believe that more is always better. Advertising is something you can do pretty easily these days. You can cut an ad today and have it on the air tonight. Its something you can always do right up to the very last minute that you think might help and probably wont hurt. So theres always tremendous pressure inside the system to keep doing more and as long as theres somebody out there willing to write the check, there really isnt any way of stopping it.
Q. - When Jeb Bushs campaign was still more of a rumor than an unofficial reality, I heard murmurings from within GOP circles that the folks most enthusiastic about him running were campaign consultants and the very people who youre talking about.
A. - Ive often used this analogy: The whole campaign finance racket is a bit like the Producers. Youre selling hundreds of percents of the candidate, but the difference is that, in the Producers, you had to actually distribute profits at the end of the day, and there werent enough profits to go around. But with a campaign, it comes to an end at some point and you either win or you lose. Some campaign contributor is not going to look at a campaign after the campaign is over to audit the books and see whether the money was spent efficiently or even to see how his own contributions were spent; they simply dont care. They probably wouldnt have any legal standing to look into these things anyway. Its just really a system that is ripe for corruption and waste and inefficiency.
ion_theory
(235 posts)media compounds the issue because they are the ones receiving over half of all the money spent on the campaign. It's this damn reality TV politics that is ruining this country. Just tell me who you are, what you've done for society, and your ACTUAL plan to increase health and happiness for ALL citizens of the country. How people cannot see through the mess that is our political system astonishes me.
Enthusiast
(50,983 posts)the main stream media compounds the issue because they receive over half of all the money spent on the campaign.
The media won't ask the questions we need and want.
It's all smoke and mirrors.
Thespian2
(2,741 posts)to win, Carter and his team had to have huge numbers of people like me and my wife who pounded the pavement, door-to-door, to give voters a chance to know the man we wanted to be president...
Bernie, I think, is following the same route...enough dedicated workers will win over too much money...
Think of it...just the Koch brothers are willing to spend up to a billion dollars to buy the presidency...or in terms of their worth, they don't mind donating their lunch money...
The deciding factor in this election may be the method of voting...enough money can make the machines vote for the "right" candidate...