Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Should We Have A Billion Dollar U.S. Presidential Campaign?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:45 PM
Original message
Should We Have A Billion Dollar U.S. Presidential Campaign?
Should We Have A Billion Dollar U.S. Presidential Campaign?
(posted with permission) from: http://sane-ramblings.blogspot.com/2011/04/billion-doll...

President Obama launched the most expensive Presidential campaign in U.S. history. To pay for it, he held the first of many private meetings with wealthy and corporate donors, all of those meetings off-limits to the news media, which cover only "public events."

To compete, his biggest Republican opponent must raise close to or even exceed a billion dollars and will also conduct these private meetings. Congressmen of both major political parties do the same thing, raising far smaller amounts.

This bodes badly for America's democracy and explains why after the financial system nearly collapsed in 2008-09, giant companies, many of which caused the crisis got massive bailouts at taxpayer expense. It also explains why no-one has been held accountable for wrongdoing. Instead, it's business as usual and the Mt. Everest size bonuses never stopped, even when paid for by the taxpayer.

As the military industrial complex is a very generous campaign donor to both political parties, it explains why the money flows so heavily to it in gargantuan contracts, why it can afford to employ directly or indirectly millions of people and why we are in three wars, with more likely to come.

No other nation in the world allows this political madness. Elsewhere, campaigns are brief and usually paid for in whole or in large part by taxpayers, with specific limits placed on cost and on ad buys. We can have this too if only we as Americans unite and raise our voices to demand it. After all this is our nation, not just the nation of those who corrupt it by writing big checks to political office holders they end up controlling.
Printer Friendly | Permalink |  | Top
FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:46 PM
Response to Original message
1. HELL NO.
Printer Friendly | Permalink |  | Top
 
Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:48 PM
Response to Original message
2. If you consider how much
Edited on Thu Apr-14-11 02:49 PM by Turbineguy
George W Bush cost, a billion dollars seems a paltry sum indeed.
Printer Friendly | Permalink |  | Top
 
randr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:49 PM
Response to Original message
3. Remember where most of the money goes
The same stream media that brings you the continuing saga of a country in meltdown.
No vested interest there to speak of.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:51 PM
Response to Original message
4. No, but that require that we end the incredible
corruption of the political system.
Printer Friendly | Permalink |  | Top
 
Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:51 PM
Response to Original message
5. If they can raise that much for a campaign -- WHY can't they do it for the poor?
It's f*cking obscene.
Printer Friendly | Permalink |  | Top
 
No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 09:00 PM
Response to Reply #5
15. Yes it is.
If we can raise money for this campaign, we should be able to raise it to help the poor. But the poor dont pay a staggering rate of return on the money given to them.
Printer Friendly | Permalink |  | Top
 
Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-15-11 10:17 AM
Response to Reply #5
18. The US spends far more than $1 billion per year on the poor
Printer Friendly | Permalink |  | Top
 
Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:52 PM
Response to Original message
6. Considering that most of that money is spent benefiting the very parasitic corporations that are
the base of the problems in our country.

NO
Printer Friendly | Permalink |  | Top
 
Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:53 PM
Response to Original message
7. Nope
It's disgraceful that our "democracy" has come to this.
Printer Friendly | Permalink |  | Top
 
OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:54 PM
Response to Original message
8. No n/t
Printer Friendly | Permalink |  | Top
 
Snoutport Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:55 PM
Response to Original message
9. or re-titled: how much money should rupert murdoch make off the election?
the media gets all that money, paid for by the democratic process, and then uses it to undermine the democratic process.
Printer Friendly | Permalink |  | Top
 
No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-15-11 10:07 AM
Response to Reply #9
16. The author responds...
Youre right, Fox and the other corporate media wallow in this campaign money, which builds earnings which raises stock prices and then they, most notably Fox and GE, use their stock in part to acquire other media companies. Through campaign contributions they buy FCC approval to add those media companies into their empire and then are even more in control of what they cover or dont cover, as they spin the news. Hence we need WikiLeaks to tell us what is really going on in the U.S. and in the Middle East and Al Jazeera to inform us on the Middle East as well.
Printer Friendly | Permalink |  | Top
 
FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:08 PM
Response to Original message
10. The president launched his re-election campaign......
whether it "is" the most expensive, that's speculative and is factually untrue. Might it become the most expense campaign? Certainly....but I would wager that those folks using Citizens United as their cover will give as much if not more to his Republican counterpart.

But it's great to post an article that implies that somehow this is Obama's doing, and Obama's campaign only, and on and on. It's convenient to look at things upside down and then ask why folks are standing on their heads.....

But yeah...money in politics is and has never been a good thing, ever....not just now, although I suggest that the Supreme Court decision made things much worse, not so much this President.
Printer Friendly | Permalink |  | Top
 
No DUplicitous DUpe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:18 PM
Response to Reply #10
13. This is not the Obama bashing thread you are looking for...
Are there Obama bashing threads here, on DU? I've never seen one. But seriously, this is a political system problem that needs a remedy - because money corrupts everything it touches.
Printer Friendly | Permalink |  | Top
 
Myrina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:10 PM
Response to Original message
11. Both parties should be limited to $500. Seriously.
Can the flashy bullshit and just tell me what you're about and why. Period.
Printer Friendly | Permalink |  | Top
 
Shagbark Hickory Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:17 PM
Response to Reply #11
12. Yes! What Myrina just said!
Printer Friendly | Permalink |  | Top
 
crickets Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:21 PM
Response to Original message
14. NO. It's obscene. -nt
Printer Friendly | Permalink |  | Top
 
ecstatic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-15-11 10:13 AM
Response to Original message
17. No, we should have govt funded elections, but the Fairness Doctrine
must be enabled and private groups would have to be put in check somehow (as far as misleading TV ads). The problem right now is that 99% of the media is right wing, so they already have a 500million dollar advantage.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Jul 25th 2014, 12:07 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC