Saturday, October 29, 2011

Politics: CAMPAIGN FINANCE REFORM

I want to believe that my vote counts and that my legislative representatives work for me. I offer here a campaign finance reform idea that could do away with the pervasive corruption and dominance of special interests. I propose a private enterprise that would result in lots of entry-level white-collar jobs.

All but retiring legislators are perpetual candidates. What if all donations to every candidate for national public office were recorded - confidentially - by a sequestered “Bonded Treasurers Unit” assigned by, and accountable to, the FEC? A record of individual and business donors would be supplied to the candidates and legislators but without any information about size or number of donations associated with those names. Recording that identifying information would be the sole bonded purview of the "Bonded Treasurers Unit" Here's how it could work.