How is it possible for any opponent to compete when they are limited by what they can accept from any one donor. If a benefactor with millions wishes to buy a candidate, what is the difference? The marginal additional corruption will hardly be noticed. In fact, lets go one better and allow the parties to pool unlimited resources and have the states auction off all political seats to the highest bidder.
Wall Street could syndicate deals and sell them to the Chinese. The Israeli lobby would have to pony up big time to keep up with the Saudis. Think of all the corporations that would get into the act. No more chump-change fifty thousand dollar donations buying a congressman. Let them pay full freight and have the market do its magic.
At least we will know who are masters and rulers really are.
Corzine spends more than 2 foes combined
By Cynthia Burton
Inquirer Staff Writer
Gov. Corzine has spent about $23 million - most of it his own money - in his fight for reelection, more than the combined total of his two main competitors, according to campaign finance documents released yesterday.More here
After spending $60 million on his U.S. Senate race in 2000 and $40 million on his first governor's race in 2005, the former chief executive officer of Goldman Sachs & Co. is poised to spend as much as $30 million in this race.
And beyond the candidates' funds, money is pouring in from around the country to fund advertising in the only race that features an incumbent governor. Virginia is the only other state with a governor's race, and Gov. Tim Kaine is prevented by term limits from running.
In New Jersey, polls show Corzine in a dead heat with Republican Christopher J. Christie, who has raised $11.7 million and spent $8.8 million. Independent Chris Daggett has raised $1.3 million and spent $1.2 million.
Daggett and Christie are participating in the state finance program, which limits their spending. They are unable to match the power of Corzine's wallet to buy campaign advertising in a state split between two of the nation's most expensive media markets.
Of the millions Corzine has spent, all but about $1 million has come from his personal fortune.