Friday, January 21, 2011

Republicans Push for More Corporate Dominance

The march towards oligarchy continues. Republicans, in the guise of spending cuts, have announced they want to abolish campaign matching funds. As David Espo at MSNBC writes:

WASHINGTON — The House will vote next week on legislation to end the system of financing presidential candidates and national party conventions with federal matching funds, Majority Leader Eric Cantor announced Thursday. He put the estimated savings at $520 million over a decade if the legislation passes Congress and is signed into law.

Cantor, R-Va., said the vote would be a response to a pre-election project in which Republicans invited the public to vote on proposals for reductions in federal spending.

"While some have argued that providing even more taxpayer funding for this program might entice more candidates to participate, eliminating the program altogether would save taxpayers $520 million over 10 years and would require candidates and political parties to rely on private donations rather than tax dollars," read a description on Cantor's website.
That last sentence is the kicker: Cantor and his fellow Republicans, rolling in cash ever since the Supremes, at least five of them, handed them Citizens United a year ago, now want to more thoroughly privatize elections than ever before by outlawing even the modest role played by legislation passed in response to multiple election-related abuses by the Nixon Administration.

That legislation was specifically designed to prevent undue reliance on special interest groups, or more specifically the richest and best-connected interest groups. If it is repealed, a big if at this point, there will be even less separating corporate America from dominance, legal dominance, mind you, of the electoral process and government itself.

All this to "save" $520 million over 10 years. We spend that much on Afghanistan in a matter of days.

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