Mayday Anti-PAC On Its Second Round of Funding

wonkavader (605434) writes 'Lawrence Lessig's MAYDAY.US Super PAC to end all Super PACs (and more) is now on its second round of funding. The PAC has been reported on here before, but now the numbers are bigger. They hit their $1 million first goal easily, but now they aim to get another $5 million in the same time period. Lessig says that he's arranged for matching, again. It seems like the goals will be even higher in 2016: "For 2014, our goal is to raise $12 million and use it to make fundamental reform the key issue in five congressional races. And we'll apply what we learn then to 2016."'

Comments

Re:term limits don't matter

[JWW]

The elephant in the room is that the money in politics really isn't campaign money.

The reason so much is being spent on campaigns now days is because so much is being spent by government.

There is an immense amount of power involved in generating TRILLIONS of dollars in tax revenue and borrowing BILLIONS more and then determining what that should be spent on.

That power is desired mightily, which is what is driving the campaign spending.

Think of it this way. Every member in congress is voting on bills to spend ORDERS OF MAGNITUDE more money each year than they have control over in their campaign funds.

The campaign funds are just the ante to get in the game of playing with the much bigger piles of money.