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Empowering Individuals; entered at 2011-05-22 19:30:03

Marvinmartian
Posts: 746
Registered: 2011-03-16 Pasadena, CA

Our politicians know where their funds are coming from.

The contributions from corporations(and those associated with corporations) outweigh those of individuals. See the article.

Maybe the solution is to have a different kind of corporation, a political organization that can overpower corporate political interests.

Maybe the solution is to limit the powers of corporate persons.

Eitherway, the imbalance must be addressed.

http://articles.cnn.com/2010-04-20/polit....

Quote:

According to Federal Election Commission figures compiled by the Center for Responsive Politics, Goldman Sachs' political action committee and individual contributors who listed the company as their employer donated $994,795 during 2007 and 2008 to Obama's presidential campaign, the second-highest contribution from a company PAC and company employees.

Only the PAC and employees of the University of California, which donated more than $1.5 million, topped Goldman Sachs.

Federal law prohibits a company from directly giving money to an electoral campaign.

Goldman Sachs contributions to the Obama campaign were more than four times larger than the $230,095 in donations to Sen. John McCain's presidential campaign.

2011-05-22 19:30:03


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