Money in Politics
Money and Politics** - They do not mix well and have lead to major inequalities and injustices in our country. In fact, it is a national disgrace perpetrated by incumbents that we now live in under a system controlled by corporate PAC donations and not a democracy. Changing the way we finance elections was the priority issue of my 2014 and 2016 campaigns. Our economy has fundamentally changed since the last time Congress did anything meaningful for the People. For example, how can we change gun laws in our country when our politicians are beholden to the gun manufacturers through NRA Political Action Committee (PAC) contributions (see "Gun Safety")? PAC contributions give the loudest voice to large corporations, big banks and special interest groups, which means that our voices for reform and change are drowning and the corruption continues to benefit a select few at the very top. How is it that we are able to invade countries on dubious intelligence reports - we have the money for that - but we do not have the money to properly fund NYCHA, or guarantee food and water safety for our people. I strongly support public financing of our elections so as to stop the mass-corruption and legalized bribery we have seen for too long. What I hope that voters will appreciate is the connection between the money and the political outcome: we allow special interest groups to pay for re-election of incumbents (e.g. banks support the incumbent through their PAC contributions) and then the incumbent votes the way the banks want to as to ensure future contributions. We can then begin to see why our government bailed out Wall Street for more than $700 billion, but cannot find a way to bailout NYCHA for less than $50 billion (see "Housing as a Human Right / Public Housing").
Did you know that the 26-year NY-7 incumbent takes money from PACs such as Coca-Cola, Goldman Sachs, Amazon and McDonald’s? These corporate PACs also give to Republicans, so who is our Congress really working for? Check FEC.gov to see for yourself or click here to see how the NY-7 incumbent finances her campaigns with corporate, bank and other special interest money. Financing elections this way and with lobbyist money, leads to legislation known as “good for some, bad for all.” Unless you are also giving $10,000 checks to your member of Congress, do not expect legislation that will benefit you.