Blog
Disclosure

Lessig Live

Tonight, Netroots Nation is hosting its 5th regional salon featuring Professor Lawrence Lessig. On tap, a discussion of his latest project, Change Congress, a non-partisan reform initiative working to fight the influence of money in politics. A live stream will be broadcast (streamed) here, and anyone can submit questions via twitter. The event begins at 7:15pm PST.

His Netroots Nation keynote is posted on the right.

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure, Public Financing

Permalink

Alaskan Sunlight & Disclosure

Sunlight in Alaska comes in overabundance during the summer, with daylight that lasts 21 hours, and is sorely lacking during the winter, when many parts of the state get just an hour of daylight. But this fall, Alaskans have had plenty of sunlight on two of its most famous politicians: Senator Ted Stevens and Governor Sarah Palin, regarding their disclosures of political expenditures and gifts.

Disclosure forms aren't the sexiest thing in politics. Yet this admittedly dry topic may land Stevens in jail and could be one of the factors that cost Palin a shot at being Vice President.

Read the rest of this story ...

Tags: Democracy, Campaign Finance Reform, Disclosure

Permalink

Loyalty & Lobbying?

Recent disclosure reports are now providing a great amount of detail into contributions made by registered lobbyists, and the result is...lobbyists are loyal?

As a result of the 2007 Honest Leadership and Open Government Act, the disclosure reports that have been released give insight to the specifics of lobbyist contributions. Lobbyists are now required to file semi-annual disclosure reports, detailing contributions made individually and contributions made as leaders of an organization. A public database created by the Office of the Clerk of the House of Representatives contains all the details of the disclosure forms; the reports indicate that lobbyists donated over $140 million to campaigns in the first half of 2008.

Read the rest of this story ...

Tags: Democracy, Campaign Finance Reform, Disclosure

Permalink

DC’s Hunter Gatherers

Given the recent slew of politicians being caught and investigated for accepting inappropriate donations and favors from special-interests, it is no surprise that the presidential candidates' fundraising strategies are getting a closer look. Large donations—and the motives behind them—are a murky issue, though hardly a partisan one; for every billionaire hedge-fund manager who raises more than $100,000 for Sen. Obama, there is an oil-trading company owner who bundles over $50,000 worth of contributions for Sen. McCain.

With bundled donations, special-interests can sidestep the contribution limits in campaign finance laws by allowing one individual to collect money from a variety of sources, thereby "bundling" the small donations into one large sum and delivering it to a candidate. It is no surprise that the collector in this scenario (or what the New York Times in an important editorial today aptly called the "hunter gatherer") can use this method of fundraising to their advantage, bringing in the usual suspects of special access and favors to the world of campaign finance. By controlling the contributions of many different donors, the bundler has more power (and a larger sum of money) than if he or she donated alone.

Read the rest of this story ...

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure, Public Financing

Permalink

Obama and The Small Donor Effect

AC 360An edited version of this posting appeared as a guest post on the Anderson Cooper 360 blog June 20.

Barack Obama's decision to opt out of public funding for the general election is not a surprise. It was so well telegraphed, he should take out a patent.

The presidential public funding system worked well for three decades after it was enacted in the early 1970s. It leveled the playing field, boosted competition and reduced corruption. Think of it this way: in the first five elections under presidential public funding, a challenger beat an incumbent president three times. There's no congressional district in America with that much competition!

But the presidential system needs repair, for reasons among those prompting Obama to turn away the federal funds. Principally, candidates simply don't get enough money to mount a fully strong race in a modern election. The amount, when it was set, was about two thirds of the amount spent by the McGovern campaign of 1972—in other words, two thirds of the least successful presidential campaign in modern history!

The real question is what will Barack Obama—or John McCain—do to reform the system when one of them takes office?

Read the rest of this story ...

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure, Public Financing

Permalink

Minus FEC Quorum, Lobbyists Still Bundled Up

Former lobbyist Jack Abramoff will be sentenced this September, according to papers filed by prosecutors and defense attorneys this week in federal court. Mr. Abramoff has been safely tucked away in a federal prison camp in Maryland since 2006 on bank fraud charges. Congress reacted to the scandal by passing reform legislation: This past January 1, the Honest Leadership and Open Government Act (HLOGA) of 2007 went into effect, requiring more substantive and accessible disclosure of political and charitable contributions by registered lobbyists, among other changes. The first reports of these contributions are due on July 30 and should make for interesting reading.

With reform legislation in place and Mr. Abramoff's expense account out of reach, one might be tempted to breath a sigh of relief. One piece of this important legislation has yet to be implemented, however—HLOGA required the FEC to adopt rules for disclosing "bundling" by lobbyists. "Bundling" is the gathering of checks from multiple donors otherwise meeting the requirements of law which are then turned over "in bulk" to politicians—the virtues and risks of this practice should be self-evident to those who care about meaningful campaign finance reform. The lack of a quorum at the FEC has prevented the adoption of the rules, effectively neutering this part of the only ethics reform legislation to come out of Congress in recent years. True reformers should insist that passage of these rules is at the top of the agenda of a reinvigorated FEC.

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure

Permalink

High Court Spurns Front Group

Some cases are just too ugly even for the Supreme Court, it appears. Last week it refused to grant review to a claim from Washington State that challenged an important principle: the requirement that outside groups disclose their electoral spending.

The group in question, called the Voters Education Committee (VEC), was a classic astroturf 527 group (named thus for a section of the tax code), that omitted to register with the state as a political committee. Its one donor—the Chamber of Commerce—funneled it a whopping $1.5 million as part of a 25-state campaign in 2004 to push its agenda in key Attorney General and state Supreme Court races around the country.

Read the rest of this story ...

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure

Permalink

Roll-Back by Supreme Court Lets Swift Boaters Paddle On

(Cross-posted from The Hill Blog) 

Recent weeks have seen a ratcheting up of promises by outside groups to spend hundreds of millions of dollars in the presidential race. On the right, $2 million is expected from a conservative 501(c)(4) called "Defense of Democracies" for election-related opposition to House Democrats who oppose the President's electronic spying plan. Another non-profit, Freedom's Watch has pledged to spend some $250 million opposing the Democratic nominee.

And progressive groups recently floated a $400 million target for both electioneering communications and voter mobilization efforts. While the Campaign Finance Institute reports that a record $143 million was spent in 2006, that then-shocking total today looks like chump change.

A short history of how we got here is in order. As a new legal analysis and summary by the Brennan Center makes clear, before passage of the Bipartisan Campaign Reform Act of 2002 ("BCRA"), campaign finance laws applied only to "express advocacy" - an advertisement for or against a candidate that used specific "magic words," such as "vote for" or "vote against." This test made it impossible to distinguish "sham issue ads" (ads that avoided these magic words, but were nonetheless intended to influence an election) from genuine issue ads (ads that advance a position on a public issue)...

Continue reading this piece at The Hill Blog.

Tags: Democracy, Campaign Finance Reform, Other Reforms, Disclosure, Public Financing

Permalink

Page 7 of 8 pages « First  <  5 6 7 8 >