Nov 24 2012

Elections: “Super PAC’s Upped the Ante”

(4 pm. – promoted by ek hornbeck)

One of the people I am thankful for is Bill Moyers and his quiet, rational discussion of the problem that plague this country and the world on his PBS program Moyers & Company. In an interview with Trevor Potter, the former Federal Election Commission Chairman and  the lawyer behind the creation and functioning of Stephen Colbert‘s PAC, “Americans for a Better Tomorrow, Tomorrow”, they discuss how Citizens United has effected, not only this campaign, but campaigns in the very near future with the influx of undisclosed money to Super PACs from very wealthy donors who want only to protect their influence in Congress.

Trevor Potter on Big Money’s Election Effect

Former Federal Election Commission Chairman Trevor Potter – the lawyer who advised Stephen Colbert on setting up a super PAC – dissects the spending on the most expensive election in American history. Many voices are claiming “money didn’t matter, Citizens United wasn’t a factor,” but Potter disagrees.

“Super PACs just upped the ante,” he tells Bill. “If you’re a senator and you have just been elected, or heaven forbid you’re up in two years, you’re thinking I don’t have time to worry about deficit reduction and the fiscal cliff. I have to raise tens of thousands of dollars every day to have enough money to compete with these new super PACs… And that means I need to be nice to a lot of billionaires who often want something from me in order to find the funding for my campaign.”

The transcript can be read here

1 comment

  1. TMC

Comments have been disabled.