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Democracy by the Few

April 3, 2014 · 9:42 am ET · Leave a Comment

First Read: “Given the current Supreme Court, the remedies are very limited on how to put limits on political money if money equals speech. So it’s either a constitutional amendment (good luck with that) or more aggressive laws on disclosure (which could at least create a NASCAR-ization to politics where everyone’s ‘sponsor’ is there for all to see). What’s stunning is how little interest there is in Congress to even promote the idea of more disclosure.”

“But bottom line: This system of financing campaigns has now consolidated power in the hands of a few, which neither party should be celebrating. Does any candidate who runs for office want to have a wealthy person dictating the terms of the debate for them by simply using the power of their purse?”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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