Scott, the Republican governor who can't seek re-election because of term limits, is widely expected to challenge the Democratic senator, in what would be an extravaganza
of political money, advertising and negative attacks.
As a result, they have become a honey pot
of political money for candidates.
Some good - government critics say the fact that the governor has raised $ 33 million for his re-election proves he's an enemy of ridding the system
of political money, but this is unfair.
To combat corruption, both candidates favor term limits for elected officials and curbing the influence
of political money.
«It is bad enough that the flow
of political money into American campaigns grows bigger by the year — the 2012 elections were the costliest ever.
Susan Lerner, Executive Director of Common Cause / NY, noted that «Hydraulic fracturing has been one of the most polarizing issues in recent history, with no shortage
of political money invested by pro-fracking interests to achieve a favorable outcome... New York State needs comprehensive campaign finance and lobbying reform to assure New Yorkers that public policy is based on their interest, not the special interests.»
But there's a reason that the vast majority
of political money spent in 2006 will be spent on television advertising — it's the mass persuasion tool par excellence.
Not exact matches
New York Senator Kirsten Gillibrand will no longer accept
money from
political action committees linked with corporations for her reelection campaign, she announced on Tuesday, citing the «corrosive» effect
of corporate
money in politics.
The provocative 33 - year - old former editor
of alt - right media website Breitbart News has turned railing against feminism, Islam, social justice and
political correctness into a
money - spinning show, sparking protests along the way.
The Republican Party's fast journey from debating how to combat human - caused climate change to arguing that it does not exist is a story
of big
political money, Democratic hubris in the Obama years and a partisan chasm that grew over nine years like a crack in the Antarctic shelf, favouring extreme positions and uncompromising rhetoric over co-operation and conciliation.
Republicans are taking mixed approaches to
money they received from Steve Wynn following a report detailing allegations
of sexual misconduct against the Las Vegas casino mogul and
political donor.
Questions about where Mr. Low and the prime minister's stepson — a movie producer behind films including «The Wolf
of Wall Street» — obtained
money for the United States properties have helped fuel
political unrest in Malaysia, where several
political leaders in the opposition and in Mr. Najib's own party have called for the prime minister to step down.
Other
political money flows through trade associations in the U.S. such as the American Chamber
of Commerce, which has already spent more than $ 21 million in campaign advertising this year, including $ 1.5 million on ads accusing Democratic Senator Mark Udall
of driving up energy costs, largely in response to his refusal to support Republican demands for immediate approval
of the Keystone pipeline.
Today, BRIC funds are an investment mainstay, with
money managers targeting the BRIC countries as the nexus
of a new economic and
political power centre.
A vote on the measure was delayed for hours after Democrats revolted against provisions to roll back part
of the Dodd - Frank financial reform law and allow more big
money political donations, while conservative Republicans objected because the measure did not block funds for Obama's immigration order.
But will they want to make any changes to the
political viewpoints or targeting
of the network that makes them so much
money?
However, as the 2015
political imbroglio increased drug price uncertainty, investors pulled
money broadly out
of health care.
To claim so would be to ignore longer - term trends, including extreme gerrymandering and the rise
of political dark
money that make elected officials more likely to appeal to extremes.
The real shocker is that psychopaths have a high rate
of «success,» at least in terms
of garnering popularity, making lots
of money, and advancing to high positions in companies and
political circles.
Most
of the
money spent in its first year went directly to
political ads or grants to other groups.
The indictment says Manafort and Gates received the
money by acting as unregistered agents
of the pro-Russia government
of Ukraine and its
political parties and leaders.
Federal Election Commission records show that these groups, as well as five other grant recipients
of Crossroads GPS, spent
money on
political ads, directly or indirectly, in the 2010 election cycle.
The Supreme Court's Citizens United decision in 2010 allowed for unlimited
political spending by corporations, but Justice Anthony Kennedy expressed his strong support for public disclosure
of the
money spent.
«The issue
of me running for
political office frequently comes up because I am constantly touring around, giving speeches and raising
money for the party,» he said in a statement.
While corporations are prohibited from contributing to federal
political campaigns, in 2013 46
of the top 60 TSX companies still gave
money to candidates at the provincial level (where in many cases corporate donations are still allowed).
President Obama has long lamented the Supreme Court's 2010 Citizens United decision for allowing a torrent
of unregulated
money to flood the
political process (specifically, he's called the ruling a «threat to democracy»).
The
money paying for the
political ads could be going into the pockets
of the bad actors behind the videos, the group says.
The trouble is a vast amount
of the recipients
of DonorsTrust dark
money are, by their very nature,
political.
That means we could see more
money for entrepreneurs working in the
political world, and a whole new set
of customer problems that savvy entrepreneurs might race to remedy.
Tracing international flows
of money could help reveal
political crimes, expose acts
of genocide and monitor whether sanctions are being respected.
Extremely wealthy people — enabled by a series
of key Supreme Court decisions as recently as yesterday — want to be able to spend gargantuan amounts
of money in the
political process and remain essentially private persons who don't get knocked around or criticized like everyone else in the
political arena.
In some ways, this lines up with something I noted in my «Brittle Grip» series
of posts: growing calls from the extremely rich to not only be able to use their
money without limit to shape the
political process but to do so anonymously to avoid being «intimidated» or «vilified».
A version
of this article appears in print on July 22, 2012, on Page MM14
of the Sunday Magazine with the headline: How Did
Political Money Get This Loud?.
Then it added insult to injury by handing half a billion dollars
of our
money to the U.S. Coalition on Fair Lumber Imports — the ultra-protectionists who launched the lumber fight — and another half billion to George Bush for use as a
political slush fund.
President Trump tried to contain the legal and
political fallout from his attorney Rudy Giuliani's revelations that Trump paid hush
money to porn actress Stormy Daniels, which the president had previously denied, by posting a series
of tweets early Thursday.
So why are all
political parties afraid
of borrowing
money at historically low interest rates to pay for needed infrastructure spending that might actually pay for itself through higher productivity and higher income, without any cost to the taxpayer?
Raising unprecedented amounts
of money to outspend competitors, hiring key
political PR experts to throw dirt on the taxi industry, and eventually ditching drivers to use self - driving cars.
When it was all over, the tally
of alleged wrongdoing cited here today, assigned to one party or another, included unpaid taxes (NDP), abusing election laws (Conservatives), improperly taking
money from charities (Liberals), improperly claimed expenses (Liberals), illegal campaign debts (Liberals), illegal
political donations (NDP), flouting Hill security (NDP), a potentially illegal cheque (Conservatives), secrecy (Conservatives) and sabotaging the committee to select the parliamentary budget officer (Conservatives).
So why are all
political parties afraid
of borrowing
money at historically low interest rates to pay for needed infrastructure spending that could pay for itself through higher productivity and earned income, without any cost to the taxpayer?
«To raise
money successfully,» said the senator, «a
political party must appeal to Canadians
of ordinary means... The Conservative party's fundraising success is built not on the depth
of our donors» pockets but on the breadth
of our donor base and that is what the other parties do not understand and why they are lagging behind.»
«All
political parties,» said the senator, who has been fundraising since the days
of Diefenbaker, «require
money to operate.»
That idea was traumatized by Marxism pushing classical
political economy to its logical conclusion — to free capitalism from the carry - overs
of the feudal epoch
of landlordism, predatory finance and the monopolies that
money - lenders obtained from governments.
Had Trump taken the measures suggested repeatedly by ethics experts on both sides
of the
political aisle, he would by now have put his assets in what's called a blind trust, which would entail turning over his empire to a third party with whom he will have no contact, who would sell off the properties and reinvest the resulting
money in other assets without providing the president any information about the sales or the purchases.
With the nation's
political future still uncertain, vacation homebuyers are leery
of the economy to put
money down on a discretionary purchase.
Every tech company has increased
political spending over the last few years, and the amount
of tech
money circulating in D.C. will skyrocket now that Facebook CEO Mark Zuckerberg has been hauled before Congress to answer questions about the myriad ways in which his company is harming America and the world.
Having enough
money to manage retirement and unexpected medical costs are key concerns shared by more than half (56 % and 52 % respectively)
of investors, and two - thirds (69 %) are concerned about how the
political climate will affect their finances.
The well - funded dairy lobby spends a great deal
of money (an estimated $ 80 to $ 100 million each year — ironically paid for by the higher prices consumers pay), persuading federal and provincial politicians that supply management «protects the family farm,» «ensures food security» and that, because these farmers are so numerous, doing anything to upset them would be
political suicide.
Some would say,
of course, that O'Leary's religion is
money; that he appeals to the worst aspect
of human nature, greed, and that this in itself disqualifies him from participating in Canadian
political life.
The term «dark
money» is often applied to this category
of political spender because these groups do not have to disclose the sources
of their funding — though a minority do disclose some or all
of their donors, by choice or in response to specific circumstances.
Faced with a
political climate unlikely to prioritize election reform, cities might lead the way in breaking the grip
of rich donors and dark
money in national campaigns.