The Money Loop and Campaign Disclosure
To help close the money loop down, some countries have implemented strong regulations regarding the use of funds during political campaigns. These laws were intended to help bring to light the names of individuals and groups that made large contributions to campaigns. In turn, the theory has been that the elected official can be watched closely to see if a particular favor is extended in return.
Disclosure, in theory, helps create the footprint leads to more convictions for anyone that tries to use the money loop. However, in practice it may have just shifted how monies are passed. In the United States, owing to the rise of political action committees it seems the Supreme Court has opened the door wide so, money can be indirectly funneled to a candidate in an unlimited amount with little question.
Read more about this topic: Money Trail
Famous quotes containing the words money and/or campaign:
“A real gentleman, even if he loses everything he owns, must show no emotion. Money must be so far beneath a gentleman that it is hardly worth troubling about.”
—Feodor Dostoyevsky (1821–1881)
“The fact that a man is to vote forces him to think. You may preach to a congregation by the year and not affect its thought because it is not called upon for definite action. But throw your subject into a campaign and it becomes a challenge.”
—John Jay Chapman (1862–1933)