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Saturday, April 13, 2013

Campaign Finance Reform- An overview and critique of Campaign Finiance as it stands and suggestions to improve the system.

As it stands, campaign pay is moderately regulated, yet these regulations are preponderant with loopholes that allow anyone with sufficient know how and resources to unfairly tempt an election. I use the word influence because, quite simply, money talks. I believe that current regulations are inadequate; in the 2004 election alone, over a billion dollars was squandered by the desegregate efforts of John Kerry and George Bush despite the existence of FECA and the McCain-Feingold Bill (a veto on soft money). while these laws are a graduation in the right direction, theyre only that - a step. Obviously, campaign finance re cast is still just a euphemism for financial tempestuous when it comes to politics. I believe that more guidelines, stricter, more thorough regulations, and a possible adaptation of the European campaign system could combine to create an effective solution to the problems presented above, without compromising free speech.

The more money that is involved in running for office, the more influence that contributors - wealthy individuals, companies, labor unions, interest groups - form over elect officials and public policy. Whatever category the donor may walk out into, most share a common goal, power and influence. While the common contributor may only wish to agree his or her candidate of choice elected, the majority of major donors have an agenda.

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Their generous contributions are an investment in politics, and they want a return on this investment, a return in the form of political sway, in a platform based just about their own beliefs. Whether the contribution comes from an individual, a special interest group, or big business, any sizeable donation is more than likely to have at least one string attached.

This practice session is inherently unfair and not representative of Americans as a whole. Groups who are willing to spend thousands, even millions...

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