Where Knowledge Rules

Politics, News & Issues:

US Politics

Get a Widget for this title

If you could change the nation's campaign finance system, what would you do - if anything - and why?

In a fundamental manner, our current system of campaign finance is based on the founding principles of our nation. Our forefathers were "elites" and benefited greatly from the "merchant state" that was the basis for our governing system. The great "notions" of the Constitution did little to change the manner in which the state was intertwined with business.

George Washington and many other original "patriots" garnered large sums of money in land speculation during the settlement of the original colonies. They were "granted" large tracts of land, often 100,000 acres or more, which they divided up and sold for vast sums. These grants came directly from the "government", usually from the presiding governor of the colony.

It was a decree by the King of England to cease this speculation anywhere west of the Atlantic drainage that prompted the Revolution. In a sense, we were rebelling against any outside control of these lucrative government subsidies to private profit. Little has changed since then.

Campaign financing by large corporate interests is simply the "financing" of this same process. The "donors" reap rewards geometrically larger than their investment. You can follow the "input" of funds by following the congressional record. Depending on the nature of the bill, corporations that will be affected or wish to effect the current legislation will contribute to those members they believe can make a difference in the outcome.

You can almost guarantee that the sponsors of any bill that benefits special interests will have received large donations from those same interests. There is no secret to this process, you simply need to follow the money.

It is corporations that elect our "public" servants. It was perhaps Lincoln who was elected as the first great "corporate" president. He served as an attorney for the railroads for years before he ran for president and was soundly backed by the corporate railroads. He received four times the funding of any candidate received for any previous campaign.

The railroad land grants, free land presented to the railroads 14 miles on either sides of the laid tracks that they were handsomely paid for above and beyond the grants, eventually equaled ten percent of the continental land mass of our nation. Thank you Mr. Lincoln!

So, this concept of business interests having a predominate say in our political arena is nothing new. The country was based on great speculation and those who profited the most were the most able to continue


Below are the top articles rated and ranked by Helium members on:

If you could change the nation's campaign finance system, what would you do - if anything - and why?

  • 1 of 24

    by Stu Wilson


    Changing the nation's campaign finance system is no longer something we would like to do, it has to happen. If we do nothing,

    read more

  • 2 of 24

    by Greg Dunn

    To take back our government and allow the people's voices to be heard again and represented, there must be a major overhaul

    read more

  • 3 of 24

    by Elizabeth M. Young

    Any campaign finance reform would have to be comprehensive enough to eliminate the slightest hint of conflict of interest

    read more

  • by Susan Padilha


    "Change We Can Believe In," is a catchy slogan. Unfortunately, there will be no real change in America's political system

    read more

  • 5 of 24

    by Lenna Gonya

    Honor, integrity, a genuine concern for the duties of office, and a game plan are not, nor were they ever, a recipe for

    read more

View All Articles on:
If you could change the nation's campaign finance system, what would you do - if anything - and why?

Add your voice

Know something about If you could change the nation's campaign finance system, what would you do - if anything - and why??
We want to hear your view. Write_penWrite now!

Helium Debate

Cast your vote!

Should members of the Bush Administration be prosecuted for torture?

Click for your side.

91857

Featured Partner

A Day of Hope

A Day of Hope has partnered with Helium, giving you the chance to write for a cause. Browse A Day of Hope's fea...more

What is Helium? | Buy Web Content | Contact Us | Privacy | User agreement | DMCA | User Tools | Help | Community | Helium’s Official Blog | Link to Helium

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA