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:
“The Gospel of the army is cunning, as of all other human activities. The wisdom of the snake under the meekness of the sheep is what wins out.
The first Commandment is—never let them get anything on you—
The second: Graft—get privileges others haven’t got—worm yourself into confidence
The Third—seem neat and prosperous—as if you had money in the bank—”
—John Dos Passos (1896–1970)
“The winter is to a woman of fashion what, of yore, a campaign was to the soldiers of the Empire.”
—Honoré De Balzac (1799–1850)