Democracy

WASHINGTON--(ENEWSPF)--August 2 - The Top 5 “dark money” spenders on presidential election ads have reported less than 1% of their spending to the FEC, which is all that is required by the agency’s insufficient standards, according to a new report analyzing the latest campaign filings.

It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.

On Tuesday afternoon, MoveOn DC members attended a Senate Judiciary Committee hearing, chaired by Assistant majority leader, Senator Dick Durban, called “Taking Back Our Democracy: Responding to Citizens Unitedand the Rise of super PACS”.  The hearing was called to examine the proposed responses to the Supreme Court’s ruling on Citizens United and included discussion of constitutional amendments and pending legislation before Congress.

The League of Women Voters and liberal groups including Common Cause and MASSPIRG are seeking to place a question on the November ballot calling for a federal constitutional amendment establishing that corporations are not entitled to the same free-speech rights as people.