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Obama bypasses Congress, attempts to force companies to reveal political donations

Discussion in 'News & Current Events' started by Revmitchell, Jan 18, 2013.

  1. Revmitchell

    Revmitchell Well-Known Member

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    The Obama administration is attempting to bypass Congress and force publicly-traded companies to reveal their political donations through regulation.

    The Securities and Exchange Commission’s Division of Corporate Finance has begun the steps necessary to create a regulation that would in many ways mirror the DISCLOSE Act — a bill Senate Democrats have failed to pass through Congress.

    Created in reaction to the 2010 Citizens United Supreme Court ruling that said corporations and unions could not have limits placed on their political expenditures, the Senate bill would require political organizations to publicly name their donors and the amounts they give.

    Read more: http://dailycaller.com/2013/01/18/o...eal-political-donations-to-sec/#ixzz2IKx2FjY0
     
  2. Magnetic Poles

    Magnetic Poles New Member

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    Good. We need to know who is buying the people who are supposed to be representing "We the People". I saw something that said Congressmen should wear suits like NASCAR drivers, so we know who their sponsors are.

    Of course Congress would be against such revelations.
     
  3. Crabtownboy

    Crabtownboy Well-Known Member

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    I completely agree. There is no logical reason that the amount of political contributions by companies, special interest groups, PACS, etc. should not be public.

    The Supreme Court decision was a terrible decision. It took the importance of the little contributor, you and me, out of the election. To raise enough money now to have a chance of being elected a person must be extremely rich, or sell their soul to corporations and special interest groups.
     
    #3 Crabtownboy, Jan 18, 2013
    Last edited by a moderator: Jan 18, 2013
  4. Revmitchell

    Revmitchell Well-Known Member

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    1. Why does anyone need to know?

    2. Bypassing congress for every little thing is contrary to the founding of this country.
     
  5. Crabtownboy

    Crabtownboy Well-Known Member

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    Haven't you argues for transparency in government?

    So is a policy of saying "No" to everything a president proposes, even their own ideas.
     
  6. Revmitchell

    Revmitchell Well-Known Member

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    I have never argued for tranparency in people's donations to their representatives. Those are two different things.




    Well they say no because the ideas they say no too are extreme and wrong for the country. When he presents an idea that will work and is not extreme then he will get some cooperation.
     
  7. Salty

    Salty 20,000 Posts Club
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    Hate to amidt it, but on this I think at the current time, I agree with Crabby
     
  8. Crabtownboy

    Crabtownboy Well-Known Member

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    Why should their donations be secret?



    So you admitting that the ideas pushed by the GOP in the past, but oppose when Obama proposes them, would not work and were extreme?

    Be honest Rev.
     
  9. Revmitchell

    Revmitchell Well-Known Member

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    Really?! So you want Obama to bypass congress just whenever he feels like it?

    You want everyone to have to disclose publicly what they give?
     
  10. Magnetic Poles

    Magnetic Poles New Member

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    It's called "Checks & Balances". Congress will never pass something that would expose to whom they are beholding. Without the opportunity for the Executive to force the issue, it is the proverbial fox guarding the hen house.
     
  11. Revmitchell

    Revmitchell Well-Known Member

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    It is not a check and balance. That is absurd
     
  12. Magnetic Poles

    Magnetic Poles New Member

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    I have never seen someone so blinded by their own partisanship. Unbelievable.
     
  13. righteousdude2

    righteousdude2 Well-Known Member

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    I Would Guess that...

    ...the purpose and reason behind his pushing this is more important than the fact that he is in fact, pushing to circumvent Congress to get a law that would reveal these folks and their contributions.

    I can bet dollars to donuts that if this were a Republican, some of those who are attacking the Rev would instead be attacking the GOP POTUS for circumventing a Democratic led Congress.

    I think the bipartisanship of the board is so predictable that it is :laugh:
     
  14. Aaron

    Aaron Member

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    Should Reagan have used executive order to undo RvWade?
     
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