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Comments (47)

  • openasocket
    I’ve always wondered why candidates need so much money. I mean, this doesn’t go directly into their pockets, it’s largely used to fund ads, right?I have a pet theory about political ads that I would love to find data to be able to confirm/deny. My theory is that those political ads don’t actually convince anyone about who to vote for, and aren’t intended to. Instead, it’s about convincing the people who already support you and your party to show up and vote. If that’s true, then the root cause of all of this money being injected into politics is really a symptom of low voter turnout. And so anything we can do to improve voter turnout will lessen the influence of money in politics.My justification for this theory is that I see all of these political ads and really don’t find them convincing or liable to change my vote. I actually find attack ads often have the opposite effect on me, where I am immediately skeptical of whatever claim they advance and feel sure there’s important context they are leaving out. Of course I know I’m not the average voter, and other people may see it differently, but I’d love to see some data on this.
  • oefrha
    > It also leaves out the $106 million-plus Google co-founder Sergey Brin has spent in California fighting a proposed wealth tax and other issuesDamn, I can't think of a better argument for wealth tax if one dude alone is willing to spend $100m to fight it. He clearly has too much.
  • disposition2
    Thanks John Roberts!It’s been turtles all the way down since the Citizens United decision.https://en.wikipedia.org/wiki/Citizens_United_v._FEC
  • siscia
    From one perspective I am not against lobbying in general.The idea is that legislator don't have the full context and don't know the impact of their work - so they welcome industry or matter experts. Which is quite reasonable. I would argue that the job of the legislator is to know what they are doing, but I can see it being hard for specific technical issues that really benefits from first hand experience.I am not even particularly against the idea of donating money to make sure a particular issue is known to the public, so that the public can make an effective voting decision.But all of this seems quite too much.Companies have disproportionate amount of money to donate and much less synchronization issue that citizen.
  • cdrnsf
    This is how democracies die.
  • einszwei
    Article says that there is an increase of 40% from 2024 to 2026 for political donations.Interestingly, the NASDAQ over the same time has also grown 40%.
  • k310
    "Citizens United" turned "one man, one vote" into "one dollar, one vote"It must be overturned. It was a bogus ruling.
  • haemdahl
    [dead]
  • lapcat
    > "It's part and parcel to a system that fully embraces free speech," said Tom Garrett, a vice president at the Institute for Free Speech. "All Americans have the right to express themselves and exercise their right to political speech to the fullest extent possible."Corporations are people, my friend.