Differences

This shows you the differences between two versions of the page.

--- documents:cosproject:surge:article_19-corruptinginfluencemoneyinpolitics [2018/03/25 11:24] – Oliver Wolcott
+++ documents:cosproject:surge:article_19-corruptinginfluencemoneyinpolitics [2018/03/25 13:37] – Oliver Wolcott
@@ Line 10: / Line 10: @@
 {{:documents:cosproject:surge:surge-19-1.png?800|American taxpayers have lost multiple billions of dollars on companies owned by big political donors who received federal funding and then went bankrupt.}}
 ----
-//American taxpayers have lost multiple billions of dollars on companies owned by big political donors who received federal funding and then went bankrupt.//
-----
 Most Americans are legitimately suspicious of lobbyists and big-money political donors…so much so, that the Supreme Court’s //Citizens United// decision sparked its own Article V movement.
@@ Line 27: / Line 20: @@
 One of the most common means for politicians to reward their supporters is through regulatory exemptions. An amendment that prohibits members of Congress from exempting themselves and their friends from the laws they make for the rest of us not only enjoys the unanimous support of voters we’ve surveyed, but also removes a powerful incentive for business owners to attempt to “buy” candidates. A companion amendment removing de facto lawmaking authority from unelected bureaucrats will help prevent members of Congress from hiding these activities from voters. Such amendments will also help locally-owned businesses compete more effectively with large corporations who can afford lobbyists and attorneys to keep them in compliance with ever-more burdensome and complex federal regulations. Americans agree that a business should succeed because it offers a superior product or service to its customers...not because it has friends in Washington.
-Another vehicle for cronyism rests in the power of politicians to use taxpayer money to invest in and award grants, loans, and loan guarantees to for-profit businesses. Why should the politically-
 {{:documents:cosproject:surge:surge-19-2.png?800|Americans agree that a business should succeed because it offers a superior product or service to its customers...not because it has friends in Washington.}}
 ----
+Another vehicle for cronyism rests in the power of politicians to use taxpayer money to invest in and award grants, loans, and loan guarantees to for-profit businesses. Why should the politically-connected get to shake down the American taxpayer when they couldn’t convince local banks and investors to fund their projects? American taxpayers have lost multiple billions of dollars on companies owned by big political donors who received federal funding and then went bankrupt. Moreover, when the federal government invests in businesses, even as it regulates them and the financial markets in which they function, it acts as both referee and player. This creates an additional dimension of conflict-of-interest that everyday Americans find unacceptable. The only way this practice will be stopped is for the states to propose and ratify an amendment prohibiting it; there is too much power and money involved to expect Congress to reform itself.
-//Americans agree that a business should succeed because it offers a superior product or service to its customers...not because it has friends in Washington.//
-----
-connected get to shake down the American taxpayer when they couldn’t convince local banks and investors to fund their projects? American taxpayers have lost multiple billions of dollars on companies owned by big political donors who received federal funding and then went bankrupt. Moreover, when the federal government invests in businesses, even as it regulates them and the financial markets in which they function, it acts as both referee and player. This creates an additional dimension of conflict-of-interest that everyday Americans find unacceptable. The only way this practice will be stopped is for the states to propose and ratify an amendment prohibiting it; there is too much power and money involved to expect Congress to reform itself.
 /* {{article_19-corruptinginfluencemoneyinpolitics_Image_3.jpg}} */