Money in Politics
Money in Politics
In the world of politics today there are many problems. Nasty campaigning and
Slamming ones opponent have become commonplace in today's world. This is a very
Distinct problem. Yet the root of the problem isn't the candidates themselves, in most
Cases. The national committees for the republicans and the democrats is at the true heart
Of the problem. The money which is spent by those massive institutions to their
party's candidate in each election is staggering. Therefore the problem lies not in the
candidates themselves, but in the money which is used to finance their campaigns.
Campaign finance reform is a hot topic these days yet none the less a very important
topic which must be addressed.
Campaign financing has very specific rules, which are governed with an iron rod.
However the major party's have found ways to cheat. A loop hole which must be closed
To ensure that democracy thrives for many years to come. The rules for campaign
financing are simple. Individuals are permitted to give, $1000.00 per candidate per
election. Where as interest groups are allowed to donate $5000.00 per candidate per
election. These are relatively small amounts compared to the hundreds of millions of
dollars spent by both major party's this election season. So where does the money come
from? The answer to this question is quite simple. The national committees of the major
party's, have many accounts which are non-federal. These accounts are used to accrue
what is known as soft money. There are no limits on how much the party's can spend at
local levels for grass roots party building. So the money in the non-federal regulated
accounts is funneled to states, which use the money to endorse or bash one of the
candidates. The answer to the problem is simple reform the laws which govern campaign
financing.
While the answer may be simple achieving the
In the world of politics today there are many problems. Nasty campaigning and
Slamming ones opponent have become commonplace in today's world. This is a very
Distinct problem. Yet the root of the problem isn't the candidates themselves, in most
Cases. The national committees for the republicans and the democrats is at the true heart
Of the problem. The money which is spent by those massive institutions to their
party's candidate in each election is staggering. Therefore the problem lies not in the
candidates themselves, but in the money which is used to finance their campaigns.
Campaign finance reform is a hot topic these days yet none the less a very important
topic which must be addressed.
Campaign financing has very specific rules, which are governed with an iron rod.
However the major party's have found ways to cheat. A loop hole which must be closed
To ensure that democracy thrives for many years to come. The rules for campaign
financing are simple. Individuals are permitted to give, $1000.00 per candidate per
election. Where as interest groups are allowed to donate $5000.00 per candidate per
election. These are relatively small amounts compared to the hundreds of millions of
dollars spent by both major party's this election season. So where does the money come
from? The answer to this question is quite simple. The national committees of the major
party's, have many accounts which are non-federal. These accounts are used to accrue
what is known as soft money. There are no limits on how much the party's can spend at
local levels for grass roots party building. So the money in the non-federal regulated
accounts is funneled to states, which use the money to endorse or bash one of the
candidates. The answer to the problem is simple reform the laws which govern campaign
financing.
While the answer may be simple achieving the