Over at The Nation, they have a list of Eleven Shocking Facts About Campaign Finance (and they’re not pretty):
The amount of independent expenditure and electioneering communication spending by outside groups has quadrupled since 2006. [Center for Responsive Politics]
The percentage of spending coming from groups that do not disclose their donors has risen from 1 percent to 47 percent since the 2006 mid-term elections. [Center for Responsive Politics]
Campaign receipts for members of the House of Representatives totaled $1.9 billion in 2010—up from $781 million in 1998. [Committee for Economic Development]
Outside groups spent more on political advertising in 2010 than party committees—for the first time in at least two decades. [Center for Responsive Politics]
A shocking 72 percent of political advertising by outside groups in 2010 came from sources that were prohibited from spending money in 2006. [Committee for Economic Development]
In 2004, 97.9 percent of outside groups disclosed their donors. In 2010, 34.0 percent did. [Committee for Economic Development]
In 2010, the US Chamber of Commerce spent $31,207,114 in electioneering communications. The contributions for which it disclosed the donors: $0. [Committee for Economic Development]
Only 26,783 Americans donated more than $10,000 to federal campaigns in 2010—or, about one in 10,000 Americans. Their donations accounted for 24.3 percent of total campaign donations. [Sunlight Foundation]
Average donation from that elite group was $28,913. (The median individual income in America is $26,364) [Sunlight Foundation]
Amount the Karl Rove–led Crossroads GPS says it will spend on the 2012 elections: $240 million. [On the Media]
Amount that President Obama has raised from the financial sector already for his 2012 re-election:$15.6 million [Washington Post]
[...] See the article here: Eleven Shocking Facts About Campaign Finance (or Why We Need … [...]
Why do you want President Obama to fail Brian?
President Obama doesn’t want publicly funded elections. That’s why he denied public funding in 2008 so that he could get as much money as possible from Wall Street.
He is set to make an even bigger (and very, very, very well earned) haul from Wall Street this year to ensure reelection.
Debbie Wasserman Shultz is counting on those SUPERPAC dollars to muddy up the campaign Brian.
Why are you standing against Wall Street, against the Job Creators, and against President Obama?
This sounds like a limitation on free speech to me, and President Obama, like Mitt Romney, believes America’s strength shouldn’t be limited by regulations. We have to dismiss these Anti Free Speech and Anti American sentiments. Just because corporations (people) are successful, that doesn’t mean that President Obama wants to limit the ability of corporations to contribute to American dialogue (or Obama’s campaign or Obama’s Senior Staff for that matter). How are we supposed to get hope and change when idealogues like you are pulling the rug out from the leaders we need to help corporations succeed?