Thursday, September 18, 2008

Problems and solution for US Congressional campaign funding

The problem is that by trying to limit funds, and then at the same time creating 527, and I am sure lots of other government sanctioned legal ways to advertise (like "issue ads", educational ads and the vast pool of others can can be thrown into there) it actually has made it worse than before McCain-Feingold, and countless other rules set up to make all this money "transparent".
 
    If Congress just changed the rules to saying that anyone can give as much money, time, in service, in kind they want, or corporations, but EVERY item must be reported every day on a web site - listing name address, who employs them, how much they earn a year, and all organizations that these people are members of - or even have donated money to in the past or associate with -  so that anyone and everyone can just pull up that list, see who gave them money, see what companies they work for and then can easily tie that into past trips that the candidate has gone on with them on (already public records) then you could see that candidate X got 150,000 from Q who works for Public company T who this person chairs the committee of - you can easily trace the influence pedaling, back scratching etc and thus not vote for them.
 
    By trying to restrict all this, and regulate it minutely and make reporting so complicated and convoluted, it creates more problems than it solves.
 
    Penalty for not reporting: 10x the amount donated.
 
    If you want to have a limit then just put that each rep candidate can never accept more than 30 times what their base salary in contributions every year, and a senator never more than 60 times. (plus adjustment for high cost of living areas, use same formula as used with civil service employees) since it is more expensive to advertise and get the word out in those areas. If they are not elected then all money left over, less 2x their base salary, goes into the US General Fund dedicated to food programs in the USA.
 
    Simple, easy, understandable to all - and pretty fair!
 

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