Posts Tagged ‘donations’

Robert Reich: Can’t Solicit Foreign Donations

Posted by admin on Wednesday, August 10, 2016

Robert Reich Money Quote saying Trump needs to stop seeking foreign campaign donations because it is against the law to do so. He’s also been actively soliciting campaign funds from officials of foreign governments — in the United Kingdom, Iceland, Australia and elsewhere.Robert Reich said:
 
Someone should let Trump know it’s illegal for candidates for federal office to solicit foreign money, regardless of whether the donations ever materialize Quote
 

“Someone should let Trump know it’s illegal for candidates for federal office to solicit foreign money, regardless of whether the donations ever materialize” — Robert Reich

 

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Reich continues, “In addition, foreign individuals, corporations and governments are barred from either giving money directly to U.S. candidates or spending on advertising to influence U.S. elections.”
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In this quote, Robert Reich is criticizing Donald Trump for potentially soliciting or welcoming foreign donations to his presidential campaign. Reich notes that it is illegal under federal law for political candidates to seek or accept money from foreign sources for their campaigns.

By stating that “someone should let Trump know” this, Reich appears to be implying that Trump may have violated or come close to violating these laws against foreign election funding.

Overall, Reich seems to be accusing Trump of improperly soliciting or opening the door to foreign donations, even if none actually came to fruition, and aims to point out that such actions contravene existing statutes regarding acceptable sources of campaign finance.

Elizabeth Warren: 32 Outspent 3.7 Million

Posted by admin on Monday, February 1, 2016

In 2012 about 3.7 million Americans gave modest donations under $200 to President Obama and Mitt Romney. Those donations add up to three hundred and thirteen million dollars. In the same election 32 people gave monster donations to super PACs. 32 people spent slightly more on the 2012 elections than the 3.7 million people who sent modest dollar donations to their preferred presidential candidate

 
When 32 people can outspend 3.7 million citizens it's pretty obvious that democracy is in real danger Quote
 

“When 32 people can outspend 3.7 million citizens it’s pretty obvious that democracy is in real danger” — Elizabeth Warren

 

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In this quote, Elizabeth Warren is criticizing the influence of large political donations on democracy. She argues that when a small number of donors (32 people in this case) can outspend millions of ordinary citizens, it shows that wealthy special interests have too much sway over the political process.

Warren is suggesting that this imbalance of political influence poses a real threat to the principles of democracy, which are meant to give equal representation and consideration to all citizens regardless of wealth or social status. The quote expresses Warren’s view that campaign finance laws need reform to curb the disproportionate influence of large donations from a tiny fraction of the population.

Elizabeth Warren: 32 People Outspent Voters

Posted by admin on Saturday, March 21, 2015

Elizabeth Warren Money Quotation saying a handful of millionaires and billionaires contributed more to political campaigns through super PACs than all small contributors in 2012. Elizabeth Warren said:
 
Elizabeth Warren When 32 people can outspend 3.7 million citizens, our democracy is in real danger quote
 
 

“32 people spent slightly more on the 2012 elections than the 3.7 million typical Americans who sent in modest dollar donations to their preferred Presidential candidate. When 32 people can outspend 3.7 million citizens, our democracy is in real danger” — Elizabeth Warren

 

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In this quote, Elizabeth Warren is again criticizing the disproportionate influence of large political donations on democracy. She notes that in 2012, just 32 individual donors were able to collectively spend more money on the elections than 3.7 million average Americans who each contributed small dollar amounts.

Warren argues this imbalance shows that a tiny fraction of wealthy donors can effectively drown out the political participation of millions of ordinary citizens. She believes this poses a serious threat to democracy, which is meant to give equal representation and consideration to all eligible voters regardless of their wealth or social status.

The quote conveys Warren’s view that campaign finance laws need reform to curb the outsized sway that massive political contributions from a small number of donors have over the electoral process.

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