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:
“Give me the resurrection of the body! said Dukes. But itll come in time, when weve shoved the cerebral stone away a bit, the money and the rest. Then well get a democracy of touch, instead of a democracy of pocket.”
—D.H. (David Herbert)
“The war on privilege will never end. Its next great campaign will be against the privileges of the underprivileged.”
—H.L. (Henry Lewis)