Bill Moyers on Campaign Cash and SuperPACs

Campaign Cash Is the Gift That Keeps on Giving

By Bill Moyers and Michael Winship
Bill Moyers & Company
June 15, 2012

If you’re visiting a candidate this summer and looking for a thoughtful house gift, might we suggest a nice Super PAC?  Super PAC donors have money to [burn], but it’s democracy they’re burning to the ground.  Thanks to the Supreme Court and Citizens United, they’re all the rage among the mega-wealthy. All it takes is a little paperwork and a wad of cash and presto, you can have, as The Washington Post describes it, a “highly customized, highly personalized” political action committee.

It’s easy — Super PACs come in all amounts and party affiliations. You don’t have to spend millions, although a gift that size certainly won’t be turned aside. Cable TV tycoon Marc Nathanson got a Super PAC for his friend, longtime Democratic Congressman Howard Berman from California, and all it cost was $100,000. Down in North Carolina, Republican congressional candidate George Holding received a handsome Super PAC that includes $100,000 each from an aunt and uncle and a quarter of a million from a bunch of his cousins. Yes, nothing says family like a great big, homemade batch of campaign contributions.

You can start a Super PAC on your own or contribute to one that already exists. Super PACs are available for every kind of race – presidential, congressional or statewide. But there are other ways you can help buy an election. Look at the Wisconsin recall campaign of Republican Governor Scott Walker. At least fourteen billionaires rushed to the support of the corporate right’s favorite union basher. He outraised his Democratic opponent, Milwaukee Mayor Tom Barrett, by nearly eight to one. Most of his money came from out of state. More than sixty million dollars were spent, $45 million of it for Walker alone.

Here are just a few of the satisfied buyers:

Read the rest here