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	<title>The Billfold &#187; campaign financing</title>
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	<description>Everything About Money You Were Too Polite To Ask</description>
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		<title>Money is All That Matters in Politics</title>
		<link>http://thebillfold.com/2012/06/money-is-all-that-matters-in-politics/</link>
		<comments>http://thebillfold.com/2012/06/money-is-all-that-matters-in-politics/#comments</comments>
		<pubDate>Thu, 21 Jun 2012 17:00:20 +0000</pubDate>
		<dc:creator>Mike Dang</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[campaign financing]]></category>
		<category><![CDATA[Citizens United v. Federal Election Commission]]></category>
		<category><![CDATA[corporate donations]]></category>
		<category><![CDATA[things that will make you angry]]></category>

		<guid isPermaLink="false">http://thebillfold.com/?p=6825</guid>
		<description><![CDATA[ by <a href="/user/2/mike" title="Posts by Mike Dang">Mike Dang</a>
<p><a href="http://thebillfold.com/wp-content/uploads/2012/06/Outside-campaign-spending.jpg"><img class="alignleft size-full wp-image-6826" title="Outside campaign spending" src="http://thebillfold.com/wp-content/uploads/2012/06/Outside-campaign-spending.jpg" alt="" width="362" height="297" /></a></p>
<blockquote><p>Super-PACs, seven-figure checks, billionaire bankrollers, shadowy nonprofits: This is the state of play in what will be the first presidential election since Watergate to be fully privately funded. Faced with this money-drenched system, reformers respond: It won&#8217;t last. The pendulum is poised to swing once again. &#8216;I promise you, there will be huge scandals,&#8217; McCain said in March, &#8216;because there&#8217;s too much money washing around, too much of it we don&#8217;t know who&#8217;s behind it, and too much corruption associated with that kind of money.&#8221; Russ Feingold, McCain&#8217;s longtime legislative partner, agrees. &#8220;When this kind of money is changing hands secretly, it&#8217;s almost automatic that there will be a scandal,&#8221; Feingold says. &#8220;And this scandal could be the mother of all scandals.&#8221;</p></blockquote>
<p><em>Mother Jones</em> has a <a href="http://www.motherjones.com/politics/2012/06/history-money-american-elections">really great in-depth look at campaign financing</a> in the last four decades, which will probably infuriate you—especially if you&#8217;re the person who doesn&#8217;t believe that corporations are people, too. Both Republicans and Democrats have abused the system, and it&#8217;s unfortunate that we&#8217;ve allowed our laws and policies to be driven by so much money.</p>

<a href="http://thebillfold.com/2012/06/money-is-all-that-matters-in-politics/#comments">2 Comments</a>]]></description>
			<content:encoded><![CDATA[ by <a href="/user/2/mike" title="Posts by Mike Dang">Mike Dang</a>
<p><a href="http://thebillfold.com/wp-content/uploads/2012/06/Outside-campaign-spending.jpg"><img class="alignleft size-full wp-image-6826" title="Outside campaign spending" src="http://thebillfold.com/wp-content/uploads/2012/06/Outside-campaign-spending.jpg" alt="" width="362" height="297" /></a></p>
<blockquote><p>Super-PACs, seven-figure checks, billionaire bankrollers, shadowy nonprofits: This is the state of play in what will be the first presidential election since Watergate to be fully privately funded. Faced with this money-drenched system, reformers respond: It won&#8217;t last. The pendulum is poised to swing once again. &#8216;I promise you, there will be huge scandals,&#8217; McCain said in March, &#8216;because there&#8217;s too much money washing around, too much of it we don&#8217;t know who&#8217;s behind it, and too much corruption associated with that kind of money.&#8221; Russ Feingold, McCain&#8217;s longtime legislative partner, agrees. &#8220;When this kind of money is changing hands secretly, it&#8217;s almost automatic that there will be a scandal,&#8221; Feingold says. &#8220;And this scandal could be the mother of all scandals.&#8221;</p></blockquote>
<p><em>Mother Jones</em> has a <a href="http://www.motherjones.com/politics/2012/06/history-money-american-elections">really great in-depth look at campaign financing</a> in the last four decades, which will probably infuriate you—especially if you&#8217;re the person who doesn&#8217;t believe that corporations are people, too. Both Republicans and Democrats have abused the system, and it&#8217;s unfortunate that we&#8217;ve allowed our laws and policies to be driven by so much money.</p>

<a href="http://thebillfold.com/2012/06/money-is-all-that-matters-in-politics/#comments">2 Comments</a>]]></content:encoded>
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