Tuesday, May 16, 2006

 

Bank-rolling Yourself


Where does corruption come from? Well... In the United States, campaigning for office is incredibly expensive and if you're a politician and you don't get elected, you're out of a job. This leaves a gap for lobbyists and special interests to sneak in. If they can bankroll a politicians campaign, that government official can't risk offending his donors, or he will be out of a job come election time, with no money to campaign to get re-elected.

The situation is even worse in state and local elections. It is much harder to raise funds for lower office, but oftentimes, national companies will pour money into an opposition candidate in order to oust and incumbent. This makes state legislators, governors and mayors even more susceptible to the wiles of interest groups and lobbyists.

So how do we save ourselves from this trap? Well in the long run, public funding of campaigns (as occurs in many other countries) could easily mitigate the problems we experience today. Until then, Candidates who can finance their own campaigns, though often eccentric, hold the promise of uncorrupt government. When people like Steve Westly (running for California governor) can back their own campains, it is a good sign they won't be in the pockets of the interest groups (or at least not as much as other candidates.

Steve Westly is now independently wealthy from his time as an eBay executive. He has poured millions of dollars of his own money into his campaign instead of soliciting money from oil companies, unions or other special interests. As such, he will be less susceptible to such political forces once in office. Furthermore, the friends and allies he made while working at eBay position him ideally to govern California and its huge tech industry.

As we begin to scratch the surface of the pervasive culture of corruption seeping into every corner of our government, we must turn to those we know can weather the political storm - those who aren't taking huge contributions for the corporations and interest groups that are hurting honest public policy around the nation.

Comments:
I do agree that this SHOULD make sense, but in Westly's case, it clearly doesn't. Surely you have seen how Westly has offered up his vote on the CalPERS board to the highest bidder:

http://www.latimes.com/news/printedition/la-me-westly6apr06,1,2043440.st
ory

http://ktla.trb.com/news/ktla-jennstate,0,7020037.story?coll=ktla-news-1

That is what I just don't get about Steve Westly, a man who should be completely free of special interests (he has dropped 32 million+ into his campaign) and yet, still has no backbone. If he does pulls this off, I think he is going to be one extremely corrupt governor.
 
I will agree with you that the CalPERS move was probably a mistake, but it is a relatively innocuous mistake in the field of lobbying and campaigning.

Afterall, he is taking money from people who he helped in the past, not people who are expecting things from him in the future. As Controller, he delt directly with the pensions, as governor, he won't have that kind of direct contact.

Angelides, on the other hand, has professed similar environmental and energy policies as Westly, but has accepted millions for his campaign from oil industries in California. He is no better than Arnold in that respect.
 
"Wait a second, "innocuous"?? Is
that why the LA Times ran it on it's front page, TWICE???

The oil companies who have donated to Angelides and Westly are
innocuous.

Also, you say that we need not fear Westly as Governor because he will not be touching CalPERS. That is true, but you forget that as Governor he will be MUCH more powerful than he was as controller. Way more potential for corruption.

Just my opinion.
 
the LA Times ran two cover stories on it because it was a fundamental Westly/Angelides role reversal. Westly took the far-left stance and Angelides took the center-left stance. It was a fundamental and momentary trading of places. Thats why it was huge news for a while.

When a company donates to a campaign because you were nice to them in the past that isn't corruption. The governor doesn't have the direct contact with pensions that the controller does, so pension companies backing Westly for Governor don't have the same effect that Unions and Oil Companies backing Angelides do.

I am not saying Angelidies would be corrupt. I think either candidate would be infinitely better than Arnold who has been terrible recently and everytime he thinks he has political capital, he uses it to screw working-class Californians.

I am just saying that it is refreshing to see someone like Westly bankroll his campaign largely by himself and then with the help of old friends and not so much with future promises.
 
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