Now that the Supreme Court has opened the door for special interests and corporations to spend unlimited money to influence our elections, Senator Michael Bennet of Colorado is co-sponsoring legislation to close loopholes, require transparency and restore fairness in the election system.
He is asking for citizen co-sponsors to endorse this legislation which will:
*Keep foreign governments and foreign corporations from using the Supreme courts recent decision to buy ads that influence U.S. elections;
* Prevent government contractors and TARP recipients from using the decision to use big money to influence elections;
*Require corporate CEOs to stand by the ads they are using shareholder funds to finance, forcing them to go on camera to say they "approve the message";
*Require top corporate and organizational donors to shadow groups like 527s to appear in the ads they fund;
* Ensure full and timely disclosure of campaign expenditures so organizations cannot mask their electioneering activities; and,
*Prevent organizations from coordinating their activities with parties and politicians.
If you would like to become a citizen co-sponsor, go to: info@BennetForColorado.com
Personally, I do not think this legislation is adequate to assure fair elections, but at least it is a first step in the right direction. Short of reversing the Courts 5-4 decision, I think the country needs legislation requiring a system of small dollar, citizen funded elections.
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