I've thrown in some cash too, but I'm not sure the reform will be as
dramatic as Lessig says. Still, I think it'll probably be better. and if
they don't make their goal, you get your money back.
On Mon, Jun 30, 2014 at 10:01 AM, J Clark <hello(a)sl-co.com> wrote:
We are as power[ful/less] as we want to be. Related:
Why is Washington still protecting the secret political power of
corporations?
Regulators at the SEC could illuminate the future of campaign donations.
But they aren't interested in disclosing the truth – even though voters are
By Alexis Goldstein
<
http://www.theguardian.com/commentisfree/2014/jun/30/washington-political-p…
In post-Citizens United America, there is growing concern that the ability
for corporations to anonymously funnel money into politics – with no need
to disclose these donations to voters, election officials or their own
shareholders – will corrupt the political process. Democrats have
previously tried and failed to pass the Disclose Act, which would require
greater disclosure of donors – but with a divided Congress, many in
Washington see bringing meaningful transparency to campaign finance an
utterly impossible task.
Still, there is another way to achieve the disclosure of corporate
political donations that doesn't require Congress at all: the
administration could simply propose new regulations under its existing
authority. Unfortunately, despite having a Democratic chair – Mary Jo White
– the Securities and Exchange Commission, which could mandate such
disclosures, is either too intimidated (or too captured) to act.
Despite congressional shenanigans, blame for regulatory inaction on the
issue sits squarely on the shoulders of the Democrat-led SEC. After adding
a political disclosure rule to its 2013 agenda, the agency quietly dropped
the rule for this year. SEC spokesman John Nester implied it was a capacity
issue,noting that the agenda is its "best estimate as to what would be
ready for Commission consideration by fall of 2014". But we're already
halfway through the year and the agency has made time for other
"discretionary" activities: a pilot program to allow some stocks to trade
in 5-cent increments rather than pennies, and a roundtable considering new
regulations for the companies that advise institutional investors (a
priority of the pro-business Chamber of Commerce).
[snip]
On Jun 30, 2014, at 6:06 AM, Torrie Fischer <tdfischer(a)hackerbots.net>
wrote:
> On Monday, June 30, 2014 03:35:53 Marc Juul wrote:
>> Has everyone seen this?
>>
>>
https://mayday.us/
> Yup, I threw some cashmonies at it.
They've got 5 days left to raise the
last
$2.7M towards their goal of
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