The Supreme Court on Wednesday continued its crusade to knock down all barriers to the distorting power of money on American elections. In the court’s most significant campaign-finance ruling since Citizens United in 2010, five justices voted to eliminate sensible and long-established contribution limits to federal political campaigns.
On Wednesday, April 2, the United States Supreme Court ruled that any cap on the overall amount a person can spend to influence an election is unconstitutional. Following on the heels of the court's previous decision in Citizens United, the McCutcheon ruling will allow unlimited spending to influence our nation's political process. [...]
High-frequency trading (or “HFT”) is suddenly the financial market scandal of the day. Michael Lewis has published a book that was featured on Sunday in a 60 Minutes report and in a story in the New York Times Magazine. HFT is the use of high-powered computers, blazing fast connections with exchanges, and sophisticated trading algorithms to transact in time frames measured in milliseconds or shorter.
An elite class of wealthy donors who have gained mounting influence in campaigns now has the ability to exert even greater sway.
A Supreme Court decision Wednesday to do away with an overall limit on how much individuals can give candidates and political parties opens a new spigot for money to flow into campaigns already buffeted by huge spending from independent groups. [...]
Any doubts about the determination of an activist United States Supreme Court to rewrite election rules so that the dollar matters more than the vote were removed Wednesday, when McCutcheon v. Federal Election Commission was decided in favor of the dollar. [...]
In the past four years, under the leadership of Chief Justice John Roberts, the Supreme Court has made it far easier to buy an election and far harder to vote in one. [...]
The Supreme Court on Wednesday released its decision in McCutcheon v. Federal Election Commission, the blockbuster money-in-politics case of the current term. The court's five conservative justices all agreed that the so-called aggregate limit on the amount of money a donor can give to candidates, political action committees, and political parties is unconstitutional.
Just days after 2016 GOP hopefuls traveled to Las Vegas to kowtow to billionaire Republican donor Sheldon Adelson, the Supreme Court has made it even easier for the ultra-rich to control elections. In McCutcheon v. FEC, the five conservative Justices ruled that aggregate limits in campaign contributions are unconstitutional. [...]
For decades, rapid economic growth has been the norm for developed countries. An educated workforce, a large population boom, major technological advances, and abundant fossil fuels were the key components of growth, generating substantial and broadly distributed increases in standards of living in many countries. We have grown so used to such growth that we inevitably view it as a panacea for a host of economic ills, whether it's a deep recession or income inequality.
We now understand, however, that the postwar growth paradigm is not environmentally sustainable.
I grew up just outside Detroit and have felt an ache in my heart for this bleeding city for so many years now. It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it hard. The phrase at the time was "urban blight," a social cancer with unexamined causes that, in the ensuing years, has gotten progressively worse.
Shaun McCutcheon doesn’t like that there is a cap on the total amount of money that one person is permitted to contribute to federal candidates, parties, and political-action committees. And he is hoping that, someday soon, the Supreme Court will grant his wish by striking these limits when it rules on his case, McCutcheon v. Federal Election Commission.
As we await a decision from the Supreme Court in the McCutcheon v. FEC money in politics case, the Justices themselves heard from a protester who rose in the courtroom to proclaim that “money is not speech, corporations are not people” and to urge the Court to “overturn Citizens United.”
Through the Procurement Act, Congress centralized management of government contracts and gave the president license to use his judgment in setting federal contracting practices.
The Government By the People Act increases the power of the small contributions that ordinary citizens can afford to give, providing incentives for congressional candidates to reach out to average constituents, not just dial for dollars from wealthy donors.
The Genuine Progress Indicator (GPI) includes 26 indicators to give a broader picture of the sustainability of growth. It is a better measure than GDP.
WASHINGTON DC — Today, Demos applauded Leader Pelosi and Representative Sarbanes for co-sponsoring H.R. 20, The Government by the People Act, new legislation aimed at raising the voices of all Americans in the political process and allowing congressional candidates to run competitive campaigns by relying on small dollar contributions.
“Everyone should have an equal say in our democracy through the principle of one person, one vote—not one dollar, one vote,” said Heather McGhee, incoming President of Demos.