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February 16, 2012
Occupying from within the system: Today, OWS created a super PAC called the “The Occupy Wall Street Political Action Committee.” John Paul Thornton is the treasurer of the committee. “It’s going to be fairly democratic. We’ll take opinions on how much candidates need and in what areas,” Thornton said. The point of this super PAC is to raise money … to stop politicians from raising too much money. “I am out to get the bloated amounts of money out of politics but to do that, we need to support candidates looking to do that,” Thornton said. source
23:41 // 2 years ago
September 26, 2011
June 30, 2011
Making a better tomorrow, tomorrow.
The slogan for Stephen Colbert’s PAC • Yeah, you read that right. Stephen Colbert now heads a PAC, and he can raise money and run ads for candidates at his choosing, so long as he has the money. The main battle Colbert has been fighting, though, is when he has to disclose what he’s paying for the ads. As long as they air during his show, he won’t have to say how much he’s paying because of a media exemption. In trying to get an exemption, Colbert was able to expose some loopholes in the law, causing for a pretty narrow ruling on it…which is a good thing, as it leads to more disclosure from big companies contributing to political campaigns. source (via • follow)
13:41 // 2 years ago