Here's a recap of Public Campaign and Public Campaign Action Fund's (PCAF) work from November 21 through December 2, 2011.
- Just what we need, more corporate and special interest money in our politics. On Thursday, the House passed legislation that would end the presidential public financing system. PCAF issued a press release on the news, calling the move "completely tone def." PCAF's electoral accountability project, Campaign Money Watch, will consider the vote in its electoral targeting decisions in the 2012 election. Prior to the vote, Public Campaign joined other reform groups in sending a letter to Congress urging a "NO" vote on the proposal. PCAF issued this press release earlier in the week calling on chief bill sponsor, Rep. Gregg Harper (R-Miss.) to work to improve, not end the system. Here's a blog post on the matter as well.
- "Awash in money." Democratic Caucus Chair, Rep. John Larson, announced on Wednesday that House Democrats would spend December pushing campaign finance reform measures to combat the huge influx of campaign money in Congress. Here's hoping that the Fair Elections Now Act is part of the equation.
- You can practically set your watch to it. Yet another scandal has hit the New York State Assembly. Again, New York? Really? How many more times will it take before they act to do something (hint: Voter Owned Elections) to end these kinds of corrupt practices.
- We knew they were working to do it; now we have the proof. News leaked on Tuesday of a memo sent from a powerful D.C. lobbyist on how best his firm's clients could discredit the Occupy Wall Street movement. It's no surprise that the author is a heavy campaign contributor and has a long history of linking the interests of the financial sector to the work of Congress. If you can't beat them, try to discredit them, I suppose. And check out this fact sheet on the lobbying firm.
- Eric Cantor rewarded for serving his "constituents." No, not the voters in his Richmond, Virginia district. His Wall Street backers, of course.
- Supercommittee: #FAIL. Last Monday, it became apparent that the supercommittee would fail to reach a deal on deficit reduction. Their failure marks a big win for Big Oil, Wall Street, and other big money interests.
- "It's not easy seeing green." Perhaps we have a new ally in the fight to fix our broken political system? Yup, even The Muppets are chiming in now.
As always, be sure to keep up with all the latest news on money-in-politics. Here's a link to our daily clips.
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