Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   2 comments

OpEdNews Op Eds

Until We Have Campaign Finance Reform Nothing Will Change in Washington.

By (about the author)     Permalink       (Page 1 of 2 pages)
Related Topic(s): ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

Become a Fan
  (2 fans)

Bailout schmailout the only answer to fixing most of the problems that face America is to scrap the current way that our politicians have to become pimps for special interests to get elected.    

The central theme of the 2008 presidential election was the need to fix Washington and fix this country.  Obama won on the election because enough Republicans, Democrats, and independents thought he meant what he said about calling for change. Now we have to give Obama some time to see if his deeds will match his rhetoric.      

My take on this whole financial melt down though is we have a bunch of dunderheads in congress panicking and just throwing the keys to the treasury to the financial pigs at the trough, the same guys who gambled and lost with their deregulation of the stock and commodity markets, real estate speculation and bad business decisions.     

Then when a business that actually makes something made in the USA needs a fraction of the money that we gave unfettered, without any oversight regulation to the same guys that brought this crisis on us, congress wants to get tough on the UAW union and throw over a million retirees that based their retirement plans on the promise that their medical insurance would be covered for life to the wolves.

That being said the point that needs to be addressed here is in order to actually have a representative government of the people for the people and by the people is to fix the fundamental problems caused by the undue influence of money over government decisions.  In order to accomplish this goal, the overriding priority on any reform agenda is to repair the presidential public election financing system and to create a new public financing system for all public offices starting with federal offices first.    

Now federal candidates are totally dependent on special interest groups, lobbyists, bundlers and large contributions for their campaign funds. That is the role that influence money has played in everything that has lead up to this national financial meltdown.      

It is acknowledged by most experts that the absence of effective regulation and oversight is playing a major role in this meltdown of our financial institutions.  Campaign money to federal officeholders from the financial sector played a significant role in thwarting effective regulation and oversight.   

In the past decade alone, the financial sector has contributed nearly $1.5 billion to federal candidates and their parties almost evenly divided 56% going to the Republican and 44% to the Democrats.  Now that’s a bipartisan approach for you.  

So in order for the peoples business to be addressed, we the people better get off our sofa’s and demand a total reformation of the nation’s campaign finance laws.  Some of the issues that should be addressed are as follows.     

We must close major campaign finance loopholes. 

 

1. Ban joint fundraising committees used by presidential candidates to circumvent candidate contribution limits. 

 

2. Prevent presidential candidates from using candidate/party “hybrid ads” to avoid counting full costs of ads against public financing spending limits.   

 

3. Curb Leadership PACs. 

 

4. Reform and strengthen the Federal Election Commission.   

 

5. Press for Commissioners to be appointed by the President based on qualifications and experience.  

 

6. Ensure that independent groups making expenditures for TV ads and other public communications to influence federal elections comply with federal campaign finance laws.   

Next Page  1  |  2

 

I am a Musician, political Junkie, Father, Husband, who cares very much about the United States of America and what is being done to the Ideals and citizens of this great Nation. I want to restore the Constitution and the Bill of Rights to what (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The most recent FISA bill

Does America have long to remain a democracy?

Who's to Blame For The Wall Street Crisis? We All Are.

The State of the Union 2011

How to become Governor of Florida throw the presidency to Buba and enrich your friends and family

Screw you Mr. Potter... And BoA Too!

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 people are discussing this page, with 2 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
Campaign Finance Reform has always been a fra... by Gene Messick on Thursday, Dec 18, 2008 at 8:04:52 PM
...to FAIL.  What we need is campaign financi... by Jill Herendeen on Saturday, Dec 20, 2008 at 11:39:45 AM