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For 224 years our democracy has endured. Yet
it is in trouble today. It is threatened by the corrupting
influence of big money contributions and special interests.
The Problem: Money from these special interests
heavily influences public policy by Congress and we all know it.
This practice
costs us hundreds of billions of
dollars as citizens - amounting to $500 - $1000 per family!
It limits and defines our choices
of candidates. It defers, misdirects, and blocks legislation to
change our national priorities -- even when these changes are in
the common interests of American citizens.
According to the Center for
Responsive Politics, 96 percent of the American people don’t
contribute a dime to any federal candidate or to the two major
political parties, and a check of $1,000 comes from one-tenth of
1 percent of the public. Our politicians thus are selected and
brought to us by the wealthiest, most powerful financial
interests in the nation, which helps to explain why millions of
Americans regard our elected public officials, our employees, as
representing "them" more than "us."
Most
Americans do not want our Congressional Representatives making
decisions on legislation based upon which special interest groups will
offer huge amounts of money to help win the next election.
Increasingly we understand that we all pay hundreds of billions
of dollars for these and for other benefits conferred by
Congress on these special interests. A
Few Examples: Vermonters
of all backgrounds, interests and political affiliations
understand that the power of big money from special interests
treats all of us, Republicans, Democrats, Progressives,
Independents, and Vermonters of other parties, with equal
arrogance.
We
all pay the higher prices for brand name drugs before being
allowed to buy cheaper generic substitutes, because Congress, in
return for $18.6 million in campaign contributions, passed
legislation to extend their drug patents longer, costing us as
consumers as much as $550 million a year at the pharmacy
counter.
We
all pay higher prices for larger cars using extra gallons of gas
at the pump because Congress, in return for over $5.7 million
dollars in political contributions, has failed for the last 5
years to increase the Corporate Average Fuel Economy standards
to require that the Automobile industry continue to manufacture
a mix of automobiles each year that are increasingly fuel
efficient. The higher prices for larger cars using extra gas at
the pump cost us an estimated $59 billion a year.
We
all pay more taxes to our federal treasury because Congress took
contributions from the broadcasting industry and, four years
ago, gave away a new digital part of the public airways for free
to existing licensed broadcast companies.
The Federal Communications Commission estimates that not
auctioning off the right to make money using the public airways
for digital transmission cost our federal treasury about $70
billion dollars. That’s over $700 per American family we have
to make up in our taxes.
Taken
together, we all pay hundreds of billions of dollars for these
and for other benefits conferred by Congress on these special
interests. We pay part of this money out of our wallets at
places like the pharmacy counter and at the gas pump. We pay
more money from our checkbooks, for higher taxes to replace the
money that never came into our federal treasury, due to
Congressional subsidies and gifts to selected industries.
The Solution: To
repair our democracy, we must replace big campaign donations
from special interests with money on behalf of all citizens. We
must provide our elected Congressional Representatives with
proper incentives to again pass legislation on behalf of all
citizens. We must broaden our choice of candidates to include
those who are not independently wealthy or beholden to special
interests. In sum, we must completely repair our democracy and
restore faith and trust in our elected representatives and
institutions of government. To accomplish
this, we must enact legislation that addresses all of the
following three areas; we must prohibit soft money in federal
elections, we must provide public financing (an investment of about $10 per family/yr) for qualified candidates,
and we must provide free broadcast time for qualified candidates
in federal elections. In our federal
budget we now invest over $280 billion dollars annually in our
military to protect our democracy from threats from abroad. With
an investment in public financing of only $1 billion dollars
annually, (about $10 per family) we can protect our democracy
from threats from within, and save an average American family as
much as $500 - $1000. Consider
the single previous broadcasting example that cost our federal
treasury an estimated $70 billion dollars. That's an average
cost of $700 per American family from this one example which
could have been prevented by an investment of $1 billion, or $10
per family. Said differently, the savings in this
one example justify the ENTIRE annual $1 billion cost of public
financing for some 70 years. And this is just the tip of the
iceberg of savings.
Questions for this Election: So, given all this, why is our incumbent Senator so silent? Why don't we hear more about
what the present system costs us as citizens? Why don't we hear more
about why partial solutions won't save us a dime of the hundreds of
billions of dollars the system now costs us?
These are the questions we should be asking.
An Alternative: I intend to give all
Vermont voters: Independents, Republicans, Democrats, and
Vermonters of other parties, a choice in the upcoming
primary and general elections. You now can
vote for a Senator who will work for truly meaningful campaign finance reform
Click
here for a more detailed discussion of this issue.
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