Comments on: Making oil and mining dollars transparent http://blogs.reuters.com/great-debate/2011/07/14/making-oil-and-mining-dollars-transparent/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: coyotle http://blogs.reuters.com/great-debate/2011/07/14/making-oil-and-mining-dollars-transparent/#comment-35460 Fri, 15 Jul 2011 13:46:10 +0000 http://blogs.reuters.com/great-debate/?p=9563#comment-35460 How about the U.S. doing the something like the U.K. did. Ban corporations, unions, PACS, etc… from contributing to either political parties or candidates for any government office whether elected or appointed. As we are a global economy that prohibition should extend to all foreign interests as well. Paid for political adds should also be prohibited by all except the candidate’s campaign fund. Only voting United States citizens should be able to contribute and those contributions should be limited to a maximum of $1000 dollars in total per election year. The Constitution’s preamble reads “We the People” not “We the Corporations”.

For democracy to work there must be informed consent of the People. Incumbents have a tremendous advantage at raising funds(for political favor?) The House has a better than 90% reelection rate. As long as tens(Senate) or even hundreds of millions(President) or dollars are spent on political campaigns, it is clear to me politicians will say what brings in the money and not the truth as best as they understand it to be.

This is why I believe there is never a serious discussion of the issues our nation faces during election campaigns. Where is the Press in all of this? Perhaps newsrooms should go back to operating not for profit and fulfill their service to the People.

]]>