Lessig's Mayday PAC Scrambling To Cross Crowd Funding Finish Line
First time accepted submitter SingleEntendre (1273012) writes "Time is running out for the Mayday PAC to reach its latest crowd funding goal of $5M. The total currently stands at $4.5M. Led by Harvard Law Professor Lawrence Lessig, the Mayday PAC seeks to reduce the influence of money in US politics by 2016, primarily by identifying and supporting congressional candidates who share this vision. If phase 2 is successful, with matching funds the total raised will be $12M. A self-imposed deadline arrives at of midnight tonight, July 4th, Hawaii-Aleutian Standard Time (HAST)." (And now the total's at $4,700,066.)
No matter what you think of Lessig, I think that the experiment in and of itself is interesting.
It's something that hasn't been tried before. If it doesn't work, a bunch of people are out parts of $5mil. If by some miracle it DOES work... well, then what's the use of decrying it?
The only real downside I can see to this PAC is that people who might have put their time/money into some competing and more effective project put it into this one, pinning more hope on the strategy than maybe they should have.
But unless we see it attempted at least once, we won't really know what effect it will have on the political climate.
So go for it, Larry & Gang! I hope it works.
Lessig is the guy who helped get Creative Commons off the ground. He actually does stuff. This isn't the same old story.
it has to at least have the appearance of being a continual stream
Yes I think you are right. I, personally, am willing to support the fund year after year. I hope others will too.
The counter just tipped over $5M a moment ago. Let's see what Lessig et al. can do with our (mine and 47K other people's) money.