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'No-Limits' Giving: Missouri Has It, and US Could Too

Lawyers want to ax all political-donation caps

By Neal Colgrass,  Newser Staff

Posted Oct 19, 2012 4:00 PM CDT

(Newser) – With Republicans trying to remove caps on all direct political donations, the New York Times looks at how it works in Missouri—where one retired investor has donated $20 million to PACs and candidates over the past four years. Rex Sinquefield, 68, has helped sustain a GOP campaign for secretary of state by cutting it checks worth $400,000. Sinquefield's primary interest: replacing state and local income taxes—key sources of state revenue—with sales taxes.

"He has been able to change the debate," says a lawyer who advocates for contribution limits. "He’s gotten the state to consider issues that everyone considered dead." Yet the Democratic candidate for secretary of state has raked in more money overall—mostly from trial lawyers and unions—and the GOP candidate, Shane Schoeller, insists he won't play favorites if elected. Now Missouri's philosophy could go nationwide, as the same lawyers who argued for Citizens United are urging Congress to repeal all direct-contribution limits—one of the few remaining reforms left over from Watergate.

The Missouri state flag ... on a hand.
The Missouri state flag ... on a hand.   (Shutterstock)
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COMMENTS
Showing 3 of 21 comments
GeorgeL
Oct 22, 2012 1:45 PM CDT
Just goes to show that we get the best government that money can buy. Sorry to say that this is nothing new, but the Supreme Court's Citizen United decision opened the floodgates that will ensure that the very wealthy will get a much bigger and more powerful voice in the White House and the halls of Congress. Limits on campaign contributions should be reinstated by Congress and signed by the President so that the voices of the "little people" do not get drowned out by SUPER-PACS, or CORPORATE SPONSORS.
right2dave
Oct 21, 2012 10:03 AM CDT
In September, the Obama campaign collected $2,199,204.38 in donations with non-existent or invalid ZIP codes. The Romney campaign’s September total: just $29,620. 
pogodavis
Oct 21, 2012 1:32 AM CDT
anyone giving a polical a dollar has to be nuts.  those that give have an evil desire. they have much to gain.
 

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