A Quote by Nancy Pelosi
On the subject of money and politics and the rest, I have a DARE: Disclose who are these people; Amend the Constitution to overturn Citizens United; Reform: let's have public financing of campaigns; and Empower.
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There are three major political organizations in this country: the Republican Party, the Democratic Party and the Koch Brothers Party. With billions to spend on campaigns. think tanks and 'educational' organizations, the Koch brothers are the most powerful. We must overturn Citizens United, move to public funding of elections and pass real tax reform.
I have introduced a constitutional amendment to overturn Citizens United and make it clear that the Congress and state legislatures do have the ability and the power to regulate and get corporate funding out of political campaigns.
The leftists are constantly whining and moaning about all the money in politics. They want campaign finance reform, right? They want to get all the money out of politics. They want government money governing campaigns. They want all the money out, they say. But then you look at their coffers, and it's overflowing with hundreds of millions of dollars.
I've been a strong supporter of public financing my whole career. I'm the first guy to introduce a public financing bill to the United States Senate in 1973.
In fact, not only do I support eliminating soft money, but I support full public financing for campaigns.
If the need for comprehensive campaign finance reform was not already clear, the Supreme Court ruling in Citizens United permitting unlimited corporate and union spending in campaigns certainly made it so in 2010.
The key to fixing public financing is to free politics from big money.
With every new class of representatives that comes to Congress, there is a greater recognition of the perils of private financing of campaigns. I believe that by pulling back the curtain on the daily pressures faced by members of Congress, we can show the public how critical this reform is to the salvation of our democracy.
One of the reasons this election is so important is because the Supreme Court hangs in the balance. We need to overturn that terrible Supreme Court decision, Citizens United, and then reform our whole campaign finance system.
This OCCUPIED amendment, this constitutional amendment, would overturn Citizens United. It would make clear that corporations aren't people, that they - the framers of the Constitution never intended to give constitutional rights to corporations, the ones that we enjoy and cherish.
As a result of the Citizens United Supreme Court decision, American democracy is being undermined by the ability of the Koch brothers and other billionaire families. These wealthy contributors can literally buy politicians and elections by spending hundreds of millions of dollars in support of the candidates of their choice. We need to overturn Citizens United and move toward public funding of elections so that all candidates can run for office without being beholden to the wealthy and powerful.
Dependence on private money to run campaigns causes pain to Republicans and Democrats alike - and business owners. It's time we did something about it. And public financing of elections should be the first step.
The Citizens United ruling opened the door for tax-exempt social welfare organizations to spend substantial portions of their funds on campaign activities, without having to disclose where that money came from.
I am an advocate... of public financing for years. That is the one way to get money out of politics. I believe that would be what we ought to be doing.
Politics is a damn expensive business. I had one hell of a time trying to raise money as a candidate. I had to put a second mortgage on our house to get that campaign started, and I ended up spending over $300,000 to get elected. I believe that public financing of federal election campaigns is the only thing that will insure good candidates and save the two-party system. It is the most degrading thing in the world to go out with your hat in your hand and beg for money, but that's what you have to do if you haven't got your own resources.
I think the best term limit is to have public financing of campaigns and independent redistricting.
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