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76793 Posts in 13502 Topics by 1651 Members - Latest Member: Arnold99 November 24, 2024, 01:24:50 pm
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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Tech Giants and Big Money To Battle Corrupt Influence In Congress
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Author Topic: Tech Giants and Big Money To Battle Corrupt Influence In Congress  (Read 614 times)

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Offline GhostShip

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It seems you have to play the political influence game to be able to get your supporters in place to fix the problem of self serving corruption or so a new action group is suggesting..

http://www.theregister.co.uk/2014/06/24/mayday_super_pac_us_politics_tech_moguls/

Quote
Tech moguls and financiers have clubbed together to raise a load of money to stop Washington politics from being decided by people with a, er, load of money. Web entrepreneurs including Apple co-founder Steve Wozniak, Paypal co-founder Peter Thiel and LinkedIn co-founder Reid Hoffmann are hoping to solve the “big money problem” in US politics.

The campaign plans to use the cash it gets from grassroots fundraising and its wealthy backers to support five political candidates who will try to push through financial reforms on how campaigns are run. Mayday wants to stop the whole system it’s taking advantage of – that of the Super PAC.

The campaign’s founder Lawrence Lessig – the Harvard law professor who also helped found Creative Commons – said in a public blog post on Medium that Super PACs use the First Amendment right to free speech to give the rich the right to spend what they wanted on influencing Washington, the problem is that influence is being bought by a small minority of wealthy Americans, instead of the system being the democracy it aims to be.

This seems the best usage of resources seen in the US for as far back as I can remember, ridding congress of  the scourge of corrupt vested interest will serve the US public in so many new ways and will if realised create a fresh political landscape, one that currently many Americans can only dream of.

WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Tech Giants and Big Money To Battle Corrupt Influence In Congress
 

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