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Citizen's United And Super PACs In The 2012 Election
It has just been reported that Mitt Romney had passed the 100 Million Dollar mark for the month of June.
Reports are in and Mitt Romney has indeed broken far beyond the 100 Million dollar mark for the month of June. This is the second consecutive month the Republican nominee has surpassed the sitting president in fundraising. We should have real numbers by July 15th.
Although quite a feat, it does bring up some the obvious underlying fears of the Super PAC’s corruptive power and possibly obvious corporation meddling that may be involved with the elective process.
If it keeps up at this rate, we may have the first nominee to spend more than the current incumbent; furthermore it may reach 150% or even 200% more if money continues to keep flowing in at the current rate.
It makes me wonder how different this election would be if it wasn’t for the Super PACs and the Citizens United ruling. The top 6 contributors were all Republican while the 7th was a Democrat, followed by 3 more Republicans to finish the top 10 list… And that is reported contributions thus far.
Seems pretty slanted, doesn’t it?
This isn’t meant to be a Republican bashing article but rather a display of evidence of what is currently happening due to Super PACs. Before the Citizen’s United ruling allowed for the creation of “Super PACs”, individuals were restricted to a certain amount of money they could donate and that was it. There were minor loop holes here and there but they were very hard to use and often had other restrictions that stopped ludicrous spending.
I wonder how different these elections would be if we didn’t allow these “Corporations” and “PACs” to generate nearly unlimited amounts of funds.
How do you feel about Citizens United and Super PACs? Why? Leave your comment below.