Friday, June 8, 2012

Walker said out-of-state campaign donors had nothing to gain, accept $330 Million.

Wouldn’t it be great if states could disallow outside campaign money from influencing our elections?
It makes sense, doesn't it? In the story below, Wisconsin Democracy Campaign’s Mike McCabe pointed out just why that might be a good idea (probably not legal though):
McCabe says the final figure for the governor's race will be between $75 and $80 million double the record $37 million spent in the 2010 election. McCabe says 62 percent of Gov. Walker’s campaign contributions reported so far came from outside the state while Mayor Tom Barrett raised only 26 percent from out of state donors, "Most of that money came from people who couldn't vote in this election."
The Koch’s etc. can’t vote in our elections, so why should they be able to try like hell to influence it? We know why...check out this incredible return on their investment in Walker:
He says the deep pocket donors will spend that money because they expect a return on their investment from candidates in the form of government policies that will benefit them. He cites a recent report on the last legislative session that tracked $330 million in tax write-offs and government spending that flowed to donors who contributed a combined $24 million, “$24 million dollars went in and $330 million went back to those donors. You can't get that return on investment in the best bull market on Wall Street." 

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