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Goldman Sachs was one of those companies whose illegal activity helped destroy our economy and ruin the lives of millions of Americans. But this is what a rigged economy and a corrupt campaign finance system and a broken criminal justice is about. These guys are so powerful that not one of the executives on Wall Street has been charged with anything after paying, in this case of Goldman Sachs, a $5 billion fine.
I think what you’ve got are millions of people who are in trouble today. They really are. They’re confused. They’re working longer hours for lower wages. They’re seeing productivity going up but their kids are worse off economically than they are. They’re looking at a campaign finance system in politics and they see corruption, big money buying elections. Nobody in Congress is listening to them.
The reality is we that have a corrupt campaign finance system which separates the American people’s needs and desires from what Congress is doing. So to my mind, what we have got to do is wage a political revolution where millions of people have given up on the political process, stand up and fight back, demand the government that represents us and not just a handful of campaign contribution – contributors.
For years, liberals have demonstrated a near religious devotion to the cause of ‘cleaning up elections’ with campaign finance reform, the wondrous panacea that would finally rescue our great country from corruption in politics. … How anyone could believe that corrupt politicians could or would legislate away their own corruption is completely beyond me.
Now, in an analysis of campaign finance filings by Politico we learned the [Donald] Trump campaign has paid Trump businesses more than $8 million so far in this race, that includes $1.3 million in rent for campaign offices, half a million for food and facilities for events, over $300,000 for corporate staffers, and nearly $6 million for the use of Trump`s private plane.
While Newt Gingrich was running for president four years ago a controversy bubbled up regarding his campaign finances. You see, in December of 2011 a watchdog group filed an FEC complaint alleging the campaign paid Gingrich himself $42,000 for his mailing list. Now, the group claimed that payment was not disclosed on his FEC filing.
Legislative action will never bring genuine campaign-finance reform. Consultants will prove endlessly inventive in gaming whatever system the reformers can devise so as to give their candidate an edge and allow the power of massive money to be felt. But reform laws will become irrelevant and redundant as the Internet replaces the special-interest fat cats as the best way to raise money and takes the place of TV as the most effective way to get votes.