Campaign Financing

Paper Summary:

This paper examines the goings on during fund raising for electoral campaigns. The paper presents a somewhat cynical viewpoint on the practice of contributions, specifically soft money contributions. The paper explains that seemingly no one gives without getting something in return. The ethics of campaign financing are explored in the paper. The paper also addresses the recurring question of whether there should be a limit on campaign spending.

From the Paper:

" A cynic once said that the Federal Election Commission should hire Procter & Gamble to run the elections, since they have become a marketing, rather than a political affair. Just like P & G spends millions of dollars to advertise everything from Ivory Soap to Pampers, from Tide to Crest Toothpaste urging consumers to buy their products because they are "better", so the political parties, and the backers of various candidates for office, are marketing their "men" (well, a few women just to keep up the pretense that politics is an equal opportunity employer).
For the upcoming Presidential election, George W. Bush, the '90s answer to Dan Quayle, has raised nearly $70 million, based on his name and family connections; the money coming primarily from Clinton-haters and those tycoons who feel that Republican tax reform will benefit them the most. No wonder that some potential candidates, including Elizabeth Dole and Lamar Alexander, have dropped out: they could not keep up with the maddening pace of contributions to the "Son Who Would Be President"."

More papers on Campaign Financing:

• Term Paper # 99152 : "Campaign Financing"
• Argumentative Essay # 118062 : "Campaign Financing"
• Comparison Essay # 57069 : "John McHugh and Campaign Finance"

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