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Hank Chinaski
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Old 09-28-2005, 11:25 PM   #11
sgtclub
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Campaign Finance Law

Quote:
Originally posted by Spanky
Everyone can donate how much ever they want to any politician as long as they disclose it.
I pretty sure this isn't true. There are limits per individual that differ based on the office.

Quote:
Corporations are a tricky situation because they are legal individuals so it seems they should be able to donate to. What is in a corporations interest is not necessarily in the interest of all its shareholders separate interest. So Corporations should be able to donate as long as they can justify that such donations are in the interest of the shareholders as a whole.
This is pretty much what corporate law says already.


PACs are just set up because individuals are limited on how much
Quote:
they can donate. If you get rid of limitations on individuals you can get rid of PACs.
Untrue. PAC allow people of like minds to broadcast a message to a wider audience than the individuals could alone.

Bottom line: I don't see the harm. Why are you afraid of free speech.
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