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Voting with Dollars: A New Paradigm for Campaign Finance Paperback – February 10, 2004
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The Citizen Sovereignty Act, a two-part legislative proposal detailed in Voting With Dollars, would invigorate citizen involvement in politics and remedy cynicism about campaign fundraising.
The Act would fundamentally reform federal campaign fundraising by extending voters the use of automated teller machines for publicly funded campaign contributions of "Patriot dollars," and; by rendering private campaign contributions anonymous, mimicking the secret ballot as a safeguard to the integrity of the political process.
A major benefit of these innovations is to allow a substantial increase in campaign contribution limits and associated free speech. Other, more incremental efforts to reform federal campaign finance fall short of the Citizen Sovereignty Act.
* The Act eliminates the sale of political access for political funds while increasing the funding and opportunity for free speech.
* The Act redirects the permanent campaign of political fund-raising toward all the nation's voters and away from the one-half of one percent who today make half of all contributions.
* By potentially involving every American in political fund-raising, the Act increases voter participation on Election Day.
Voting With Dollars details the Act and how it satisfies constitutional requirements. A model statute provides a concrete basis for an effort to restore faith in Congress and the Executive Branch.
Read Voting With Dollars. Take a look at [...] Get involved in making it possible for everyone to participate in the money primary of American politics.
Public financing, as it is presented in Voting With Dollars can work. I'm not sure about the anonymous component, but it is quite deliberate in manner. Sure, it is a little bit dry and some portions hard to get through but the idea is money.
Practically it wouldn't work. Because such a change would require congressional passage, and common sense dictates that no politician will vote for such suicidal career killing bill. Special interests unfortunately have created a very influencial industry with epic powers to make or break politicians. He who has the deepest campaign finance pockets has most power, and congress will most likely never vote for a bill that eliminates lobbyists and special interests. They will all tell you it's a vice, but it's a vice they do not want to eliminate.
To correlate an example: Would a police officer or a criminal justice official wish for less crime? Yes and no. Yes, in the sense that it makes society safer, and no because - in a twisted way - crime creates jobs, opportunities and (like it or not) it makes colorful and distinguished careers.
In theory, we are the government of the people, for the people and by the people. But the prestige of power doesn't lie with the citizenry (even though our civic and history books lament as such). It rests with the politicians and with that, it extends to big oil, wall street, insurance industry etc.Read more ›