• Random
  • Archive
  • RSS
  • Ask us anything about Moneyocracy!
banner

Here’s a troubling video of Senator Roy Blunt (R-MO) being asked about whether or not it would be fine for foreign corporations to influence elections in total secrecy - using the legal disposition created by Citizens United v. FEC and Speechnow v. FEC.  Even if the Senator Blunt answer is not reflecting a clear stand for or against foreign influence in the general elections, his answer suggest that the disclosure act “isn’t a serious legislative issue”.

A Chinese, Russian, or Venezuelan corporation can legally influence American elections in secret, simply by setting up a corporation here, then funding a 501(c) group with some innocuous name to run attack ads. The ads could help elect lawmakers who support trade or foreign policy issues favorable to these countries, and the whole process would be perfectly legal and undisclosed under our current campaign finance system.

Read more here

In the very same time, the Associated Press released a poll result showing that

63 percent believe corporations or unions should not be able to spend as much as they want supporting political candidates, while 30 percent said they should spend freely.

Read the post here.

Note that

More than $130 million in secret money sailed through this loophole and into the 2010 elections; hundreds of millions more are flowing into this year’s races for control of the White House and Congress.

(via the Huffington Post)

    • #super PACs
    • #super pac
    • #supreme court
    • #politics
    • #disclose act
    • #donor disclosure
    • #Campaign Finance Reform
    • #Campaign Finance laws
    • #2012 elections
    • #2012 presidential campaign
  • 10 months ago
  • 1
  • Comments
  • Permalink
  • Share
    Tweet

1 Notes/ Hide

  1. moneyocracy posted this

Recent comments

Blog comments powered by Disqus
← Previous • Next →

Logo

About

Moneyocracy is a transmedia documentary taking place during the 2012 U.S Presidential race. Its goal is to look at the impact of current U.S campaign finance laws on the elections and political communications. Moneyocracy aims to offer a nonpartisan view on the current state of the U.S democracy. This production is totally independent an relies on a journalistic work.

Moneocracy elsewhere

  • @moneocracy on Twitter
  • user9524607 on Vimeo
  • moneyocracy on Youtube

Twitter

loading tweets…

Following

  • RSS
  • Random
  • Archive
  • Ask us anything about Moneyocracy!
  • Mobile

Copyright 2011-2012 Gerald Holubowicz | Jean Nicholas Guillo. Effector Theme by Carlo Franco.

Powered by Tumblr