Money from somewhere

17 Jul

Depending on what side of the political fence you’re on, this is either great or disgusting.

In a 51-44 vote last night, Senate Republicans voted to block the Democratically backed DISCLOSE Act.

What is that?

It would have required political organizations to make public the names of donors who give $10,000 or more.

Senate Majority Leader Harry Reid’s take: “If Congress doesn’t do something to curb the torrents of money being spent on political campaigns by secret donors then 17 angry old white men will wake up on the morning after Election Day, and realize they’ve just bought the country.”

Ever since the Supreme Court said it was okay, wealthy donors have been giving seven-figure contributions to shadowy political groups and Super PACs.

The bill had a strange name – which might not have helped it.
Democracy Is Strengthened by Casting Light On Spending in Elections Act.

Leading the opposition, Senate Republican Leader Mitch McConnell who said the DISCLOSE Act represents a desperate act by Democrats to hurt GOP fundraising.

It is “member and donor harassment and intimidation. We have serious problems in this country. Too much free speech is not one of them.”

Here’s a fact – hundreds of millions of dollars have flowed into these Super PACs, and much of it goes toward negative advertising.

And no one knows where that money is coming from.

Feel free to now pick a side.

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