Word: financees
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These proposals’ prospects vary widely. Both of Lessig’s are subject to supermajority requirements in the Senate–67 votes for an amendment, and 60 to break a filibuster on public financing–where minority leader Mitch McConnell has been a staunch opponent of...
The question is whether they’re enough. Experts have for years tried and failed to prove a relationship between the strength of campaign finance laws and levels of corruption and public trust in government. Some of this is no doubt due to the subtleties of how money infiltrates...
It may be time, then, to stop money from entering at a different point in the process. As its name suggests, campaign finance reform is premised on the notion that legislators’ actions are largely influenced by who donates to their reelection committees. This is true, but not the...
Lobbyists’ most important means of influence, however, is personal. Lobbying firms and organizations are overwhelmingly composed of former House and Senate staffers of both parties and even former Congressmen and Senators. Take the health care debate as an example. The Senate health care bill was largely the baby...
The argument is that finance has become a Wild West of outrageous hidden fees, ridiculous fine print, deceptive come-ons and secret side deals designed to sucker us into predatory rip-offs we can't afford or escape. And the CFPA is supposed to be the new sheriff in town...