Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Warren Stupidity

(48,181 posts)

14. Even though the subsequent decisions in Citizens United - end of story.

Reply to Jim Lane (Reply #12)

Mon Mar 16, 2015, 02:41 PM

Mar 2015

That decision rendered public financing a dead end. A candidate that manages to raise 1.5B from a 9:1 matching on 1M donors will be formidable until the billionaire class just ups the ante and starts funding at 3B or 6B or whatever it takes. The matching would actually have to be gauged in realtime to the funding raised by candidates outside the system to be effective, and then how would that be budgeted?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Attended another salon last night...I'm sure you'll disapprove [View all] brooklynite Mar 2015 OP

Why are you sure we'd disapprove? Erich Bloodaxe BSN Mar 2015 #1

Apparently when 3 or more 1%ers get together, it's a topic for disdain... brooklynite Mar 2015 #3

Eh, freedom of assembly. Erich Bloodaxe BSN Mar 2015 #6

And it will never leave committee. joshcryer Mar 2015 #2

...which he acknowledges. brooklynite Mar 2015 #4

I don't see how it solves the problem. Warren Stupidity Mar 2015 #5

True, the billionaires carry on, but at least there's some counterweight. Jim Lane Mar 2015 #9

We had a counterweight with public financing and it worked (sort of) for a few elections Warren Stupidity Mar 2015 #11

The 6:1 or 9:1 match would increase its effectiveness. Jim Lane Mar 2015 #12

Even though the subsequent decisions in Citizens United - end of story. Warren Stupidity Mar 2015 #14

I don't want to come across as Pollyanna but I'm a bit less pessimistic than you are. Jim Lane Mar 2015 #15

So Sarbanes, who is one of the less wealthy members of Colngress, in order to raise awareness of Bluenorthwest Mar 2015 #7

Wish I could rec this response. nt cwydro Mar 2015 #8

Event had no cost at all...I just know the people there brooklynite Mar 2015 #10

In case you're wondering, the repuke is Walter Jones of NC KamaAina Mar 2015 #13