Stunning Statistics of the Week:
- $310 million: Amount that the three main GOP presidential contenders had raised by this point in the 2008 race
- $146 million: The amount that GOP presidential candidates have raised for the 2012 race
- $145 million: The amount President Barack Obama has raised so far for his 2012 campaign
Help pass a resolution in your town
Join the growing movement to pass local resolutions for a constitutional amendment to overturn Citizens United v. Federal Election Commission, the U.S. Supreme Court ruling that said corporations could spend unlimited sums to influence elections. Already, more than 4,300 people have signed up. Click here to get involved. And give three cheers to Tampa’s City Council, which on Thursday passed a resolution unanimously.
Meanwhile, in Vermont and California …
State resolutions supporting a constitutional amendment are progressing through the Vermont and California Legislatures. Key hearings and votes are scheduled for next Tuesday. Learn more information about the resolutions.
The power of Super PACs
Super PACs paid for 91 percent of the 5,592 ads that ran in Mississippi and Alabama in the month before the GOP presidential primaries there, according to a company that tracks ads. Restore Our Future, the Super PAC supporting Mitt Romney, bought 65 percent of the ads that ran in the two states.
Stunning Statistics of the Week
$9.4 million: Amount the Pharmaceutical Research and Manufacturers of America (PhRMA) gave to nonprofit groups in 2010, including some that bought ads to influence the midterm elections
$4.5 million: Amount PhRMA gave in 2010 to American Action Network, a conservative group
$26 million: Amount American Action spent on ads in the midterms
Super PAC Tuesday coming
Voters in early primary states have already been flooded with negative ads, much of them paid for with corporate money. With Super Tuesday coming up early next week, voters in 10 more states are being exposed to the torrent of corporate-funded negativity. To promote long-term solutions, Public Citizen’s Democracy Is For People campaign is joining forces with our allies and concerned citizens like you. We’re re-branding next week’s contests with the sadly accurate hashtag #SuperPACTuesday. In the long-term, we’ll be using the hash #Democracy4Sale. Learn more here. Follow @RuleByUs on Twitter and lend your creativity to the effort!
Stunning Statistics of the Week:
- $27.5 million: The amount that Super PACs have spent to influence the 2012 presidential election
- $8.1 million: The amount Restore Our Future, the Super PAC backing GOP contender Mitt Romney, has spent
- $5.4 million: The amount candidates have spent on TV ads for the South Carolina primary to date
- $6.9 million: The amount Super PACs have spent on TV ads in South Carolina
Taking to the streets as Jan. 21 Citizens United anniversary approaches
What a week! Saturday, Jan. 21, marks the second anniversary of the U.S. Supreme Court’s disastrous Citizens United v. Federal Election Commission decision, and activists have been engaged in – or gearing up for – hundreds of events around the country. Public Citizen and other groups held rallies and press events with state officials in Maryland, Vermont and Massachusetts to call for a constitutional amendment to overturn the court’s decision. Another big rally is scheduled Saturday in Sacramento, Calif. In addition, activists are planning about 300 demonstrations around the country. It’s not too late to get involved in your area! Check out www.DemocracyIsForPeople.org. Or if you are a Facebook fan, check this out. Also worth reading is today’s Huffington Post piece by U.S. Sen. Bernie Sanders (I-Vt.) and Public Citizen President Robert Weissman.
CEOs, investors, others call on SEC to require disclosure of corporate political spending
The Corporate Reform Coalition, made up of institutional investors, CEOs, good government organizations and others, is calling on the Securities and Exchange Commission to require publicly traded corporations to disclose political spending. U.S. Sen. Bob Menendez (D-N.J.), who joined a coalition press call Thursday, released a letter to the SEC from himself and 13 Senate colleagues. “Many shareholders remain in the dark, unaware that their money could be funding political activities, or even political attack ads. The rights of shareholders must be protected and at present, we believe that they are being compromised,” the letter said. A citizens petition to the SEC has already garnered more than 20,000 signatures. Add yours here.
Well, this is a bit awkward: Democrats get more money from Bain than Republicans
Bain Capital has been in the spotlight because of Mitt Romney’s tenure at the private equity firm. But truth be told, Democrats have taken more donations from Bain executives than Republicans over the past three election cycles ($1.2 million vs. $480,000), The Hill reports.