[sudo-discuss] Mayday PAC

Julio Rios julio.rios at gmail.com
Mon Jun 30 08:25:38 PDT 2014


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 at 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-power-corporations-campaign-donations
> >
>
> 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 at 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
> $5M._______________________________________________
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> > sudo-discuss at lists.sudoroom.org
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>
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