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Politics, Investments & Current Affairs Yea... title kind of explains what this forum is about.
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  #1  
Old 07-14-2004, 08:20 PM
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so much money?

i dont get how anyone can let people running for presidentcy let them spend so much money. if u took taht moeny that they blow each election it could actualy go towards a good cause. so y dont anyone stop this?
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Old 07-14-2004, 08:23 PM
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Re: so much money?

It is regulated by campaign finanace reform. It all goes into the economy though.
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Old 07-14-2004, 08:34 PM
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Re: so much money?

It all comes out of the economy too,so it has a net zero effect.Except if some bonehead millionaire decides to give the price of a new car to his party of choice,instead of buying a new car, there is absolutely nothing tangible to show for it after November.
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Old 07-14-2004, 08:37 PM
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Re: so much money?

Campaign money is Phantom money in politics. It exists, but doesnt really. Its actually a waste to donate, since the government allocates money to all candidates.
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Old 07-15-2004, 11:39 AM
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Re: so much money?

Quote:
Originally Posted by snowman2005
i dont get how anyone can let people running for presidentcy let them spend so much money. if u took taht moeny that they blow each election it could actualy go towards a good cause. so y dont anyone stop this?
It looks like we should spend it on education for our people. Who is this anyone you speak of? The political figures in our country don't have some magical ferry watching over them. Don't like it, don't donate.
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Old 07-15-2004, 11:43 PM
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Re: so much money?

Hey, I am still wondering how Ted Kennedy keeps getting re elected.
Realistically, though, large, and I mean BIG political donations are suspect. Would people donate so much money to be philanthropic? It seems more likely they are seeking fuuture favour from the politician or party.
Personally, I think it is naive of people to thing this does't happen. Of course it does.
Therefore, there is a case for capping the size of donations (although there are ways around that, too)
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