Easy Methods To Fix Campaign FinanceThe Supreme Courtroom lately ruled that there shouldn't be any restrictions on the amount a person can Marcus Hiles bitch donate to an election campaign, Many people seen this as permission to literally bribe congressmen.
And that is precisely what it is. What it isn't... is illegal.
Not wanting our elected officials to be lap canines to major companies and financiers, a method must be discovered to allow people to donate as a lot as they need with out it influencing the congressman's vote.
Pretty tall order would not you say?
Here is how the system presently works. Say I own a Wall Street funding firm. I meet with my congressman and say, "I like your views on the issues congressman and I wish to donate $100,000 to your election campaign. I feel you agree with me that congress shouldn't get entangled in Wall Street or attempt to regulate it. In a free market financial system it is at all times best to let the market regulate itself do not you agree?"
One hundred grand is a lot of moolah to be waving around below some hungry candidate's nostril, is not it? And advertising prices some huge cash, A LOT OF MONEY!
So it's a seemingly unsolvable problem. When cash talks people listen. That is merely human nature.
So how will we solve the campaign finance downside?
Though there isn't a regulation that prohibits an individual from donating as a lot money as he wants to his favourite candidate. There's also no regulation that requires that individual to determine him or herself.
That being the case we create a Division of Campaign finance and to be able to donate funds to your favorite candidate's election campaign you would have to go to the Division of Campaign Finance website. Then you definitely would choose the candidate you need to donate to. Then either by credit card or electronic bank transfer, you'd transfer the funds to that candidate's election campaign. Once accomplished you'll obtain a receipt with a Department of Campaign Finance (DCF) code which you would placed on you tax type to assert a deduction.
To stop donators from advising candidates to expect an odd quantity in donations, for example, $7,921.eighty three to prove it got here from them, the amount donated would be broken up and transferred over a number of hours and in cases of large amounts, several days. So of that $7,921.eighty three, it would be transferred over at 10:26 am within the amount of $835.fifty six, at eleven:45 am $2,003.59, at Midday, $128.94 and so on until the complete $7,921.eighty three was transferred.
Making any donation to a candidate campaign outside of the DCF can be unlawful and punishable by a ten yr jail sentence.
Here why it could work. The reason massive donations are made to any specific candidate is because that individual expects one thing in return. That's why the donor makes certain the candidate knows precisely where the donation came from.
By removing that factor, a donor might claim he gave $a hundred,000 to a campaign however he can be unable to show till he filed the next year's tax return. And the candidate would don't have any means of understanding whether or not the man was telling the truth. Massive donations would cease, candidates would do not know who was financing their campaign and as such be free to vote for whatever they feel is greatest for their constituents
So in case you think this can be a good concept, forward this to a friend. Perhaps if the thought gets enough help we will get out elected officials to begin considering our issues first, and not those of their corporate overlords.