Editorials: Fixing Citizens United | Geoffrey R. Stone/Huffington Post
Any intelligent person following American politics these days should be deeply distressed by the ever-growing role of big money in our electoral process. The extraordinary concentration of wealth in the hands of relatively few Americans has completely distorted the nature of political discourse. As multi-millionaires, billionaires and powerful corporations are now free to spend unlimited amounts in order to dominate public debate, we have moved from a political system founded on the aspiration of one person/one vote to one increasingly founded on money/money/money. Of course, there are those who say that money doesn’t really matter. What matters, they say, is the quality of the candidates and the strength of their ideas. Unfortunately, in a world of high-stakes and high-cost media, this is nonsense. Speech matters. It shapes people’s perceptions, knowledge and attitudes. Why else would businesses spend billions of dollars each year on commercial advertising? Corporations and billionaires are not stupid. They would not waste millions of dollars to fund an endless flood of political ads if those ads didn’t pay off. They do. Money may not guarantee victory, but it definitely helps. Imagine a presidential debate in which the candidates were invited to buy debate time. Instead of the debate time being allocated equally, each candidate would bid for minutes, so the candidate with the most money would buy the most minutes in the debate. What would we think of that? That is effectively what has happened to our political system. This is a disaster for our nation. It alienates voters, enables a coterie of highly-self-interested millionaires and corporations to distort our national political discourse, and causes elected officials desperately to curry favor with wealthy supporters, often at the expense of the public interest. Read More
Editorials: Who Benefits From Text Message Donations? Everyone! | Slate
Campaigns and outside political groups can collect donations via text message, the Federal Election Commission ruled late yesterday. … Donations will also be capped at $10 per text, according to Craig Engle, a lawyer with Arent Fox LLP, who brought the new text-for-donation proposal to the FEC representing political consulting firms Red Blue T LLC and ArmourMedia Inc and corporate aggregator m-Qube Inc. But who does this help, and how will it affect the Super PAC-dominated campaign finance terrain? “The conventional wisdom is this in the short term benefits Obama more than Romney,” says University of California at Irvine campaign finance expert (and Slate contributor) Rick Hasen. “Obama has been raising more money from smaller donors and this is a particularly easy way to make a small donation to a campaign.” Except Mitt Romney’s campaign joined Obama’s in pushing for the FEC to make this ruling, suggesting there’s plenty of grassroots fundraising enthusiasm on both sides. Read More