Political campaign contribution rules, how’s your country handle them?

Cryptock

hero member

Activity: 1792

Merit: 507

Quote from: Zlantann on October 10, 2022, 07:13:44 PM

One of the greatest challenges most countries have is that contesting an election is too expensive. In my country, the party ticket for the presidential primary election in any of the top political parties is $200,000. Some of these candidates have no other opinion than to seek financial assistance from these greedy financiers.
This is one of the greatest innovative political ideas I have ever seen. At least the populace would be able to know who controls the government. We have had issues where the government had to close down so many companies because they wanted one of their financiers to gain a monopoly on so many products in order to recoup the funds he invested in the election.

USA is always making controversial statements about our country although the inference and the cable and cypher they are sending in harsh way is a routine but now people are very upset for all the mess powerful countries have made to Aggravate war - now they are on road asking for their right and demanding gov to think of their people rather than being slaves of powerful countries

Zlantann

legendary

Activity: 1050

Merit: 1100

One of the greatest challenges most countries have is that contesting an election is too expensive. In my country, the party ticket for the presidential primary election in any of the top political parties is $200,000. Some of these candidates have no other opinion than to seek financial assistance from these greedy financiers.

Contesting elections in my country is characterized by the bribing of electoral officials, traditional rulers, party faithfuls, and vote buying. Winning an election now is not determined by the popularity or acceptance of the candidate but by the highest spender. Hence even when there is a benchmark on sponsorship funding, these candidates still secretly collect more funds because they know that spending more means getting more votes.

Quote from: OgNasty on October 01, 2022, 02:02:47 PM

This is one of the greatest innovative political ideas I have ever seen. At least the populace would be able to know who controls the government. We have had issues where the government had to close down so many companies because they wanted one of their financiers to gain a monopoly on so many products in order to recoup the funds he invested in the election.

Cryptock

hero member

Activity: 1792

Merit: 507

Quote from: Masplanc on October 10, 2022, 01:56:40 PM

This is a pattern politicians use in winning election , politicians are very smarts . Politicians believes they can get peoples attention by donating money. The politics of this era is by spending money, that is why political parties that are not having much funds have challenges in creating more awareness.

Money cannot buy everything. Neither the peace of mind nor the lost and gone one.
The chaos politician has created in the world is unrepairable. There is so much misery in the world already and there is no accountability for it.

Masplanc

member

Activity: 798

Merit: 34

This is a pattern politicians use in winning election , politicians are very smarts . Politicians believes they can get peoples attention by donating money. The politics of this era is by spending money, that is why political parties that are not having much funds have challenges in creating more awareness.

Cryptock

hero member

Activity: 1792

Merit: 507

Quote from: ChiBitCTy on September 22, 2022, 12:18:42 PM

Quote from: jrrsparkles on September 22, 2022, 11:56:28 AM

Its actually happening everywhere in this world, if its not completely transparent as US then the funding will be off the records and politicians owe the favour in return when they get to the power and you know when it happens in the non transparent way the corporate funds every one on the race so they can ensure their authority no matter who wins it so the solution is bringing the strict laws against such funding but don't really think it will be effective as long as corruption exist.

You’re absolutely right money will be given under the table but that would still be very limited. Politicians bank accounts, money their using for the campaigns etc are all traceable. These high level politicians get millions and millions in donations, that’s way to hard to give under the table. Plus you could increase transparency requirements.

I think everywhere politicians are fooling the people all around.
They say one thing in public and they wink to the authoriests in private - whispering we have fooled them.

Cryptock

hero member

Activity: 1792

Merit: 507

Quote from: OgNasty on October 01, 2022, 02:02:47 PM

It's definitely an issue. I believe it was Robin Williams who had the best take on this problem. He once said, "politicians should wear sponsor jackets like NASCAR drivers." I fully agree. Instead of them saying this person is in bed with this industry or this guy is in love with this country, why not just show who is paying them and link that with their decisions. Maybe then we'd stop seeing career politicians and more actual successful people in politics. The idea that this country is run by mostly people who have never earned a dollar outside of what the government takes from it's citizens and gives them is unreal to me. It's like they're a separate class of people that doesn't live within our societal structure.

These all are the power greedy people and they have nothing else to do but have the lust for power.
The end of these personalities are fatal - they get nothing in return when they are damaging peace of innocent people just to prove themselves the real leaders of the world,

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: OgNasty on October 01, 2022, 02:02:47 PM

It's definitely an issue. I believe it was Robin Williams who had the best take on this problem. He once said, "politicians should wear sponsor jackets like NASCAR drivers." I fully agree. Instead of them saying this person is in bed with this industry or this guy is in love with this country, why not just show who is paying them and link that with their decisions. Maybe then we'd stop seeing career politicians and more actual successful people in politics. The idea that this country is run by mostly people who have never earned a dollar outside of what the government takes from it's citizens and gives them is unreal to me. It's like they're a separate class of people that doesn't live within our societal structure.

Love this idea!

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

It's definitely an issue. I believe it was Robin Williams who had the best take on this problem. He once said, "politicians should wear sponsor jackets like NASCAR drivers." I fully agree. Instead of them saying this person is in bed with this industry or this guy is in love with this country, why not just show who is paying them and link that with their decisions. Maybe then we'd stop seeing career politicians and more actual successful people in politics. The idea that this country is run by mostly people who have never earned a dollar outside of what the government takes from it's citizens and gives them is unreal to me. It's like they're a separate class of people that doesn't live within our societal structure.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

You are very right, and I think it is just the same way in every country. The party that has more sponsors tend to have more power over other political parties because of the amount of money they have. Cooperations donating for political parties or politicians is very wrong because if the politicians who are benefiting from these cooperation get elected do would want fund them back in double of what they were given. It makes the common men not to be able to participate in political positions because they won't be able do better campaign.

Iroh

sr. member

Activity: 742

Merit: 275

No doubt, campaign donations from anonymous entities pose a great threat to democracy in the United States.
Organizations donate massively to the candidate of its choice and in doing so, have bought the candidate.

The 2010 Supreme Court ruling between citizen United vs Fec which gives corporations and organizations the go ahead to donate to the political candidate of its choice. This has emboldened foreign entities which aren’t allowed to contribute in anyway to the country’s politics.

Foreign entities through dummy corporations can influence elections to its favor. Recently, president Biden called on republicans to vote in union with the democrats to vote on the Disclose act which would have required any and all political committees and groups to disclose donations of and more than $10,000 during an election period
No republican voted yes on it.

Kavelj22

legendary

Activity: 1778

Merit: 1474

🔃EN>>AR Translator🔃

The problem with this kind of interconnection is that political campaigns are closely linked to suspicious trolls and corrupt political money. Without that money, these campaigns are meaningless, because the capacity of the parties, according to the legal standards of the state, is not enough to garner enough support.

Unfortunately, the state, regardless of the extent of its influence, cannot control all the details of these funds, because many political parties have privately owned media channels that are ready to provide support implicitly without giving accounts of what they receive in exchange for that support.

Lordhermes

sr. member

Activity: 1232

Merit: 379

Well, the president of my nation signed a new electoral law in early March of this year. Citizens now have renewed optimism thanks to the new law, and we are counting on the Electoral Commission to hold free and fair elections in 2023. The formal campaign started yesterday, and the electoral commission, working with the security services, has provided guidelines for the campaign and warned the political parties to run an issue-based campaign free of abuse and violence. I firmly believe that as citizens, it is our responsibility to uphold the new act's norms and regulations.

Cryptock

hero member

Activity: 1792

Merit: 507

Quote from: Asiska02 on September 25, 2022, 07:05:29 AM

This occurs practically everywhere in the world and cannot be stopped because it is now considered a regular tradition. When someone is fighting for a position now, for example, you'll hear queries like, "Will he be loyal if he gets that position?" Loyalty entails repaying those who helped you attain to that position. If you can become their puppet, getting that particular political seat will be much easier.

This act thus destroys the government from within. Illegal activities will continue, and the government will be powerless to intervene or penalize defaulters because they were initially procured with their money. This is practically possible anywhere in the world, but your amount of loyalty to them determines how progressive your government will be.

one of my Pakistan friends told us there is political chaos in there country for last 6 months.
but the things are going on - and other Srilankan friend also said the same. What is going on in the world is beyond my understanding

Asiska02

hero member

Activity: 1008

Merit: 702

This occurs practically everywhere in the world and cannot be stopped because it is now considered a regular tradition. When someone is fighting for a position now, for example, you'll hear queries like, "Will he be loyal if he gets that position?" Loyalty entails repaying those who helped you attain to that position. If you can become their puppet, getting that particular political seat will be much easier.

This act thus destroys the government from within. Illegal activities will continue, and the government will be powerless to intervene or penalize defaulters because they were initially procured with their money. This is practically possible anywhere in the world, but your amount of loyalty to them determines how progressive your government will be.

Mr.right85

hero member

Activity: 1036

Merit: 674

Unfortunately, these cannot be stopped. You can't have any candidate or party refuse a grant as that's what it could easily be described as but in the real sense, there are underlying terms to its giving.

It's just the Politics of governance and every selfish individual or corporation have got there pick, there interest and would surely extend a hand to get it which is so wrong. Sadly, there is little we can do except to hope that, it goes against the rule of law and that way, someone could act on it.
In my nation, years of looted funds plays most of the role, wth the godfathers and the corporations at another end, pulling there strings.

It creates a Web of issues as there are so many strings and all needs to be satisfied.
The best way to its resolution is ensuring a credible election where the people's choice wins. It would stimulate a governance that would be more about the people and less on sponsorship.

Gyfts

legendary

Activity: 2828

Merit: 1515

Quote from: ChiBitCTy on September 22, 2022, 10:16:51 AM

Also curious if anyone has any ideas how to fix this, other than the ways I described.

So money can be considered a form of "speech" in the most liberal forms of democracy and I'm generally okay with it.

I agree with your idea of capping contributions, here are some that I'd also support:

Political contributions are all public, no anonymous donations.
Corporations cannot donate directly on behalf of a candidate, individuals of a corporation are of course exempt (ie board members).
Cap political contributions but also adjust yearly for inflation.
Contributions must be spent only towards campaign towards individual campaign expenses and cannot be stowed for other elections of other politicians.*

*Doing this would prevent one politician from having too much financial power. Say you're Donald Trump and have 100M USD in campaign donations that's ready to be injected into political campaigns of other people, you own everybody else.

Granted every country's laws are different, making a few basic stipulations you can have money in politics without too much problems.

Side note - I suppose there is nothing stopping an individual from registering a business, pouring his money or someone else's money into media campaigns on behalf of a candidate to bypass some of the stipulations I've made above, but I guess there could be laws to address this too.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: BADecker on September 22, 2022, 12:37:10 PM

Quote from: ChiBitCTy on September 22, 2022, 12:30:32 PM

Quote from: BADecker on September 22, 2022, 12:22:04 PM

As long as things like Bitcoin exist, there will be easy ways to transfer funds with few people being able to track it.

Consider. Who has enough ability to track money transfers worldwide? And how expensive is it to get a tracking group together to do the tracking? And how many hidden transfers are done while they are working on finding the people who did the first one.

Governments like Bitcoin. Makes it easy to hide money transfers from the little people, and from their own investigation agencies.

Cool

Im sure you know bitcoin is traceable. Bitcoin then has to be converted to fiat, so this will all be traceable. Im pretty sure they are required to show all finance paper trails, and if they spend millions out of nowhere with no paper trail, then how can they justify that. With strict oversight this would be impossible to do. (Im referring to just high level politicians)

So, they know who Satoshi is, then? Cool

Completely different story. Satoshi wasn’t running for political office (which obviously requires not being an anonymous person), transferring funds to exchanges to convert to fiat to then use to fund their campaign. Politicians have oversight and money transfers to pay for their campaign can all be tracked. If they spend millions of dollars with unknown sources or a paper trail, then they are going to know and require detailed information and proof where the money came from.

BADecker

legendary

Activity: 3906

Merit: 1373

Quote from: ChiBitCTy on September 22, 2022, 12:30:32 PM

Quote from: BADecker on September 22, 2022, 12:22:04 PM

As long as things like Bitcoin exist, there will be easy ways to transfer funds with few people being able to track it.

Consider. Who has enough ability to track money transfers worldwide? And how expensive is it to get a tracking group together to do the tracking? And how many hidden transfers are done while they are working on finding the people who did the first one.

Governments like Bitcoin. Makes it easy to hide money transfers from the little people, and from their own investigation agencies.

Cool

Im sure you know bitcoin is traceable. Bitcoin then has to be converted to fiat, so this will all be traceable. Im pretty sure they are required to show all finance paper trails, and if they spend millions out of nowhere with no paper trail, then how can they justify that. With strict oversight this would be impossible to do. (Im referring to just high level politicians)

So, they know who Satoshi is, then? Cool

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Quote from: BADecker on September 22, 2022, 12:22:04 PM

As long as things like Bitcoin exist, there will be easy ways to transfer funds with few people being able to track it.

Consider. Who has enough ability to track money transfers worldwide? And how expensive is it to get a tracking group together to do the tracking? And how many hidden transfers are done while they are working on finding the people who did the first one.

Governments like Bitcoin. Makes it easy to hide money transfers from the little people, and from their own investigation agencies.

Cool

Im sure you know bitcoin is traceable. Bitcoin then has to be converted to fiat, so this will all be traceable. Im pretty sure they are required to show all finance paper trails, and if they spend millions out of nowhere with no paper trail, then how can they justify that. With strict oversight this would be impossible to do. (Im referring to just high level politicians)

BADecker

legendary

Activity: 3906

Merit: 1373

As long as things like Bitcoin exist, there will be easy ways to transfer funds with few people being able to track it.

Consider. Who has enough ability to track money transfers worldwide? And how expensive is it to get a tracking group together to do the tracking? And how many hidden transfers are done while they are working on finding the people who did the first one.

Governments like Bitcoin. Makes it easy to hide money transfers from the little people, and from their own investigation agencies.

Cool

Topic: Political campaign contribution rules, how’s your country handle them? (Read 264 times)