Return of the Secret Donors to WashingtonBreaking News
Fred Wertheimer, a longtime supporter of campaign finance regulation, was then a lawyer for Common Cause. He vividly recalls the weeks leading up to April 7, 1972, before a new campaign finance law went into effect requiring the disclosure of the names of individual donors. “Contributors,” he said, “were literally flying into Washington with satchels of cash.”...
In this year’s midterm elections, there is no talk of satchels of cash from donors. Nor is there any hint of illegal actions reaching Watergate-like proportions. But the fund-raising practices that earned people convictions in Watergate — giving direct corporate money to a campaign and doing so secretly — are back in a different form in 2010.
This time around, the corporations are still giving secretly, but legally. In 1907, direct corporate donations to candidates were legally barred in a campaign finance reform push by President Theodore Roosevelt. But that law and others — the foundation for many Watergate convictions — are all but obsolete. This is why many supporters of strict campaign finance laws are wringing their hands....
comments powered by Disqus
Dan Kennedy - 10/18/2010
It really doesn't get me too excited. I can still make up my mind based on the facts. Given the ability to check the "facts" through several information sources, "secret" corporate donations, or organized labor and groups like ACORN, are no more effective in controlling the message in the information age, than the MSM is.
- Historian David Kaiser says the most exciting day of his life was JFK’s election
- Michael Bliss, Historian Who Dispelled Myths of Insulin’s Discovery, Dies at 76
- Jill Lepore: Americans Aren't Just Divided Politically, They're Divided Over History Too
- AHA joins protest of Trump’s plan for drastic cuts to the NEH
- Diane Ravitch says the Democrats paved the way for the education secretary's efforts to privatize our public schools