@1 Unions don't actually spend much on campaigns or lobbying compared to industry groups. Individual union members can spend quite a bit en masse. The former should of course be regulated the same as corporate or pac spending. The spending of members is regulated the same as any individual contributions.
People who are concerned about the impact of unions on elections are of course welcome to campaign for new rules in place of those struck down by the Citizens United decision.
I'm pretty sure this is even worse than it sounds. Let's say the Koch brothers want to write Christie a check for $3 million. Thanks to Citizens United, and our fucking corporate and tax laws, they can not only do it anonymously, but if you cut the cap, they can finagle a tax deduction for it, something you're not supposed to be able to do, at least theoretically.
There are a bunch of capital-stock shell companies available for sale, and a bunch of brokers selling them. Mostly, they're busted penny stock ventures, with deceased or moribund business plans, no debt, no employees and no value. So, the potential donor buys one of these through one of their businesses, names their lawyer as president, pumps money into it as an "investment," whereupon the company spends all their capital on political campaigns, either directly or through a series of PACs.
Not only is the donor now impossible to tie to the contribution, but they get a tax write-off when they pull the plug on the now-broke shell company or sell it back to the broker.
Christie's contribution to this canard makes it worthwhile to buy the shell company for the tax break.
hey, you all know that the SCOTUS decisions on this issue has been handed out at least five times, ALL IN FAVOR OF GUTTING CAMPAIGN FINANCE REFORM. It's done, son. The good guv is just telling it like it is, it's pay to play from here on out.http://podbay.fm/show/155974141/e/139667…
People who are concerned about the impact of unions on elections are of course welcome to campaign for new rules in place of those struck down by the Citizens United decision.
There are a bunch of capital-stock shell companies available for sale, and a bunch of brokers selling them. Mostly, they're busted penny stock ventures, with deceased or moribund business plans, no debt, no employees and no value. So, the potential donor buys one of these through one of their businesses, names their lawyer as president, pumps money into it as an "investment," whereupon the company spends all their capital on political campaigns, either directly or through a series of PACs.
Not only is the donor now impossible to tie to the contribution, but they get a tax write-off when they pull the plug on the now-broke shell company or sell it back to the broker.
Christie's contribution to this canard makes it worthwhile to buy the shell company for the tax break.