The Great Debate

from Jim Gaines:

A constitutional amendment to take Big Money out of politics dies quietly

September 12, 2014

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This week the U.S. Senate considered a constitutional amendment that would have allowed Congress and state legislatures to limit the power of money in politics. The debate was not much covered in the media because the outcome was so predictable. But the party-line vote that killed it should not go unnoted.

from Breakingviews:

James Hoffa: Let sun shine on corporate donations

By Guest Contributor
May 29, 2014

By James Hoffa
The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.

Roberts Court: Easier to donate, harder to vote

By Elizabeth B. Wydra
April 4, 2014

Chief Justice John Roberts’ first sentence of his majority opinion in McCutcheon v. Federal Elections Commission, striking down important limits on campaign contributions, declares “There is no right more basic in our democracy than the right to participate in electing our political leaders.”

McCutcheon: Should the rich speak louder?

By Jeffrey Rosen
April 3, 2014

On Wednesday, the Supreme Court handed down its most important decision on campaign finance reform since Citizens United. The decision, McCutcheon v. Federal Election Commission, seemed to divide along familiar ideological lines, with Chief Justice John Roberts writing the majority opinion for five conservatives and Justice Stephen Breyer, writing the dissent for the four liberals.

Making every voter equal

By Jonathan Soros
February 26, 2014

The venture capitalist Tom Perkins recently suggested that he should have a greater voice than others in selecting our government because he’s rich. “You pay a million dollars in taxes,” he told the Commonwealth Club in San Francisco, “you get a million votes. How’s that?”

What’s behind JPMorgan’s push for worker training?

January 8, 2014

Just a few weeks before federal prosecutors announced a nearly $2 billion settlement with JPMorgan Chase over Bernie Madoff’s fraudulent accounts, chairman and chief executive officer Jamie Dimon sat alongside former Congressman and White House Chief of Staff Rahm Emanuel at an Aspen Institute forum in the biology lab of Malcolm X College to tout the embattled bank’s five-year, $250 million, multi-city investment in job training. The bank would commit $15 million for “workplace readiness and demand-driven training” in Chicago.

The Supreme Court ‘s Gilded Age redux

By Richard White
August 14, 2013

The Supreme Court belongs to the small club whose members seem to assume that saying something makes it so. It deals in precedents — not the same thing as dealing in history. It prefers obiter dicta to the messiness of the past.

Why doesn’t Mitt Romney contribute to his own campaign?

By Michael Waldman
September 25, 2012

Lately, Mitt Romney has been so consumed with fundraising that his aides have had to defend his absence from the stump. Like his foe, the Republican nominee is in the midst of a frenzied financial arms race. But one hugely wealthy individual has not yet been persuaded to part with much cash to support the Republican cause: Mitt Romney himself.

We need to make campaign finance a civil rights issue

By Leo Hindery
July 23, 2012

Two Supreme Court decisions (Citizens United v. Federal Elections Commission and, later, American Tradition Partnership v. State of Montana) and an appellate court decision (SpeechNow v. Federal Election Commission) are fundamentally transforming our political system and our democracy to a degree we may not grasp until the results of this year’s elections become clear. Never has our electoral process been more captive to vast – and mostly anonymous – sums of money from a handful of large corporations and wealthy individuals.

Democracy for sale – or billionaires’ folly?

By Nicholas Wapshott
March 30, 2012

It was said of Andrew Carnegie that he gave money away as quietly as a waiter falling down a steel staircase carrying a tray of tall-stemmed glasses. Not so the sotto voce superrich donors who are spending so much to keep Mitt Romney from declaring himself the winner of the Republican nomination.