Friday, May 20, 2016

PACs/ SUPER PACs

     We're electing a new president.

     Who are you voting for?

     Republican or Democrat?

     What issues are you rooting to find?

     The political process is very complex.  The issues are fragile.  Our votes are detrimental.  As individuals our votes are important. As groups, we can cause waves.

     Organizations come together to fund politicians.

     According CNN.com, PACs, "may skew the legislative process in the next Congress in favor of the interests of large Super PAC contributors."

     In the image below you will find a list of organization names connected with a PAC.

Political action committees (PACs)-
A group that is formed to give money to the political campaigns of people who are likely to make decisions that would benefit the group's interests

Super political action committees (super PACs)-
established in 2010, both corporations and unions are allowed to make independent expenditures from their general treasuries; and nonconnected PACs, which are independent of corporations, unions, and political parties which make contributions and expenditures to support a particular ideology or issue.

     "The first PAC was created in 1944 by the Congress of Industrial Organizations, which sought to raise funds to assist the reelection of President Franklin D. Roosevelt. PACs were an ancillary part of political campaigns in the U.S. until the Federal Election Campaign Act of 1971 (and its amendment in 1974). Ostensibly, the law was established to reduce the influence of money in campaigns by setting strict limits on the amount a particular corporation, union, or private individual could give to a candidate. By soliciting smaller contributions from a much larger number of individuals, however, PACs were able to circumvent these limitations and provide substantial funds for candidates. Following the reforms, the number of PACs proliferated, from about 600 in the early 1970s to more than 4,000 by 2010. With this proliferation came a massive escalation in the cost of running for federal office in the United States (http://www.britannica.com/topic/political-action-committee)."

     Under Federal law, an organization is considered a PAC when it receives or spends more than $2,600 for the purpose of influencing a federal election.

     Donald Trump, Republican businessman, has yet to establish which one of his PACs to support. Donald Trump is backed by MAKE AMERICA GREAT AGAIN, a non-profit organization headed by his daughters-in-laws.

     Hillary Rodham Clinton, Democratic former Secretary of State, is backed by PRIORITIES USA ACTION, and CORRECT THE RECORD, headed by top Clinton allies.

     Democracy is awesome.  We should research our political leaders, and inform ourselves on the issues as much as possible.

     "Few developments in campaigning have been as vilified and misunderstood as independent expenditure PACs, or, as they are colloquially known, super PACs (http://www.usnews.com/opinion/articles/2012/02/17/why-super-pacs-are-good-for-democracy).

     VOTE 2016