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Topic: Hard money (politics)

Ads by Google      About hard money For the use of the term in politics, see hard money (politics). Hard money is often used as a bridge loan for real estate purchases – a short term financing solution for any number of reasons, either to avoid a probem or take advantage of an opportunity. Hard money policies are those which are against Fiat money and therefore usually in support of the Gold standard, or other standard based on other precious substances. http://www.money-make.net/hard-money.htm      Covering Money and Politics - CJR, September/October 1999 American politics is leaving the twentieth century the same way it entered -- as the politics of money. But while small donors' hard money may be more valuable, since hard money can be spent to directly benefit a candidate, it's easier and cheaper to go after big soft-money checks. In federal campaigns, the regulated dollars are called "hard money" -- that is, money raised and spent by candidates, party committees, and political action committees (PACs) under the limits and rules of federal campaign finance laws. http://archives.cjr.org/year/99/5/money-main.asp      Public Campaign -- A New Kind of Reform Politics Campaign donors would simply shift their soft money contributions into the hard money pile, which is already substantial, and, in fact, towers over the amount of party soft money raised. Hard money outweighs party soft money by a ratio of 4.4 to 1 (p. Total hard money contributions to candidates and parties rose by $555 million in 2000 as compared to 1996. http://www.publiccampaign.org/publications/studies/hardfacts/exsummary.htm      Public Campaign -- A New Kind of Reform Politics It updates the Public Campaign report Hard Facts: Hard Money in the 2000 Elections (October 2000) which was based largely on data from the first 18 months of the 2000 election cycle. Washington, DC...For every one soft dollar raised by national political parties in the 2000 federal elections, nearly five hard dollars have been raised by parties and federal candidates: $256 million in party soft money versus $1.3 billion in hard, according to a new report by Public Campaign, Hard Facts: Hard Money in the 2000 Elections. The purpose of Clean Money Comparisons is to provide a resource for both citizens and legislators who want to go beyond the usual piecemeal campaign finance reform and instead draft comprehensive “Clean Money/Clean Elections” legislation based on the principle that public elections should be publicly financed. http://www.publicampaign.org/publications/studies      Beyond Banning Soft Money Only one-quarter of one percent of the population of the United States gave a hard money contribution of $200 or more in the 2000 elections, according to the Center for Responsive Politics, a Washington, D.C.-based campaign finance watchdog group. Hard money comes largely from the same sources as soft money, and it's largely given for the same reasons: to influence policy. By shifting the focus of fundraising onto hard money, and raising the limit on those donations from $1000 to $2000 per election, the Shays-Meehan bill will inevitably enhance the role of people who can pull together "bundles" of those hard money checks by tapping their colleagues and friends. http://www.motherjones.com/commentary/columns/2002/02/shays_meehan.html   (1350 words)      Public Campaign -- A New Kind of Reform Politics Amount of additional hard money, campaign contributions subject to contribution limits, the Democratic National Committee and the Republican National Committee are hoping to raise before the 2000 elections: $50 million. Proportion of federal hard money donors of $5,000 or more since 1997 who spoke to a federal elected official over the past year: 54%. Reason given by DNC official why raising that money was consistent with GoreÂ’s campaign finance reform goals: it was hard money. http://www.publiccampaign.org/publications/ouch-cpi/041-060/ouch056.htm   (1350 words)      TAP: Vol 13, Iss. 6. With Victories Like These..... Ellen S. Miller. In fact, after more than a decade of seeing their more ambitious ideas come to naught even as the amount of money in politics grew exponentially, reformers and their editorial-board allies felt that they desperately needed a win. Bush is a hard-money dynamo: In 2000 he raised $103 million in hard-money donations for the primaries alone, while sitting veep Al Gore raised a paltry $46 million in hard money. Most of this money comes in large bundles from the "economically interested"-- executives and business associates who've been arm-twisted into supporting a corporation's electoral favorites. http://www.prospect.org/print/V13/6/miller-e.html   (1350 words)      More Soft Money Hard Law: Outside Groups He thinks regulating soft money is "a dog chasing its tail." At some level, people have to participate in politics. While she would be happy with a law that required the use of hard money for electioneering communications, the law says otherwise. Communications referring to both Federal and non-Federal candidates, regardless of whether there is a reference to a party: paid with a mix of hard and soft money in accordance with a time/space allocation methodology. http://www.moresoftmoneyhardlaw.com/outside/index.htm   (15319 words)      blogbook.org - Legal Ethics: Hard Money and Political Retailing It's all about hard money now, and a great way to raise hard money – as the Dean campaign has shown – is on the Internet. Hard money in the financial world refers to commercial real estate. This is more soft then hard because contributors are funneling through organizations without a 'technical' political affiliation. http://blogbook.org/ethics/archives/000052.html   (15319 words)      Soft money A sharply divided Supreme Court upheld key features of the nation's new law intended to lessen the influence of money in politics, ruling Wednesday that the... Hard money comes largely from the same sources as soft money,... Soft money refers to money used to advance a particular political campaign in such a manner as to skirt the legal limits on how much money individuals or... http://www.247ask.com/soft-money.html   (15319 words)      More Money, More Problems As for "hard money," BCRA allowed the parties themselves to raise more money in this election cycle, since the law raised giving limits from $1,000 to $2,000 for an individual contribution to a candidate, and from $25,000 per year to $95,000 per two-year cycle to candidates, PACs and party committees combined. The BCRA took soft money away from the parties, but this election proved taking big money out of a politics is a much larger challenge. But some of the newest and largest 527 groups were able to raise record sums of money by exploiting a loophole in the new campaign-finance rules. http://www.motherjones.com/news/update/2004/11/11_400.html   (15319 words)      NCPA - Daily Policy Digest - Effects of The Proposed Campaign Finance Law The prospective law won't take money out of politics, but it will alter the way political money is solicited and spent, primarily so-called "soft money" -- which are donations to political organizations not intended for the direct benefit of individual candidates. It will probably make it harder on challengers, because soft money is one of the few sources of political money that benefits challengers almost as much as incumbents. Hard money donations from executives and professionals to individual candidates would be capped at $2,000 per candidate. http://www.ncpa.org/iss/gov/2002/pd021502a.html   (364 words)      Money & Politics The contribution of money to political parties and candidates is an important way in which large corporations and wealthy capitalists exercise disproportionate influence over politics in the United States. It provides complete databases of hard money contributions for each election since 1994, available for downloading (very large files). This site, operated by the National Institute on Money and State Politics provides selected data on contributions to state-level political campaigns. http://darkwing.uoregon.edu/~vburris/whorules/money.htm   (364 words)      View topic - Hard Politics and Soft Money Posted: Tue May 10, 2005 8:32 am Post subject: Hard Politics and Soft Money View topic - Hard Politics and Soft Money The biggest loophole in the laws regulating big-money campaign donations is the runaway spending by unregulated shadow-party advocacy groups. http://boards.conservativelife.com/viewtopic.php?t=26315   (364 words)      TomPaine.com - Archives - Money & Politics The dolorous distinction between "hard" money -- contributions to candidates -- and "soft" money -- contributions to build a political party or expound an issue -- was born here. The politics of mass democracy under the aegis of Andrew Jackson made money crucial. Lincoln himself is on the record as saying: "In a political contest, some use of money is both right and indispensable." He paid out of his own pocket to help one friend go to Chicago and push his candidacy in 1860. http://www.tompaine.com/feature2.cfm/ID/2526   (364 words)      Klein/Singer - Political Consulting on the Cheap The hard sciences continue to be hard and continue to thrive, but the rot in the departments associated with cultural and political leadership is hard to disguise. Our "community", whether right or left, is populated by people who truly care about politics and have a deep and abiding concern for the state of our world. We will be matching politicians against each other, and my worry is that in such a contest, Bush's money advantage will simply take over (Bush might appear apolitical, but he's not going to appeal to a different constituency than he did in 2000, he's now a known quantity). http://ezrak.blogspot.com   (5956 words)      Campaign Finance Law Guide: More Soft Money Hard Law (Bob Bauer) And since money unhappily remains the motherÂ’s milk of politics, the political equation could be radically skewed. Campaign Finance Law Guide: More Soft Money Hard Law (Bob Bauer) Also: a political committee spending 5% of its funds on federal elections and the balance on state and local political activity must finance its overhead with no less than 50% hard or federally restricted money. http://www.moresoftmoneyhardlaw.com   (847 words)      The Campaign Legal Center: Press Release: Campaign Finance Groups File FEC Complaint Charging "Swift Boat Veterans for Truth" Is Violating Federal Campaign Finance Laws The group has acknowledged that its ads attacking Kerry have the purpose of influencing the presidential election." Hebert added, "Organizations with that self-proclaimed purpose that spend more than $1,000 to influence federal elections, must register as political committees with the FEC. The Campaign Legal Center today joined Democracy 21 and the Center for Responsive Politics in filing a complaint with the Federal Election Commission alleging that that the pro-Republican 527 group, Swift Boat Veterans for Truth (SBVT), is illegally raising and spending soft money on ads to influence the 2004 presidential elections. Federal political committees may only accept 'hard money'—limited contributions from individuals and other federal political committees, and not soft money, which is being used to largely fund SBVT." A spokesman for SBVT has stated to the press that the group intends to spend $500,000 on ads attacking Senator Kerry's war record. http://www.campaignlegalcenter.org/press-1254.html   (366 words)      Democracy 21 Democracy 21’s DELAY, INC. report identifies contributors of $10,000 or more to DeLay’s five political fundraising arms during the period 2000 through 2002 (see attached chart) and provides a classic illustration of the intersection of money, power, and politics in the nation’s capital. Three of the five groups in DeLay’s political-money operation raised soft money and the other two raised hard money, or funds legal in federal elections, during the three-year period. During the period January 2000 through December 2002, DeLay used a cluster of five political fundraising arms associated with him to raise a reported $12.6 million – with much of the money coming from Corporate America, business executives, and Washington influence seekers, according to Democracy 21. http://www.democracy21.org/index.asp?Type=B_PR&SEC={A8B4DE06-6CC2-419D-8A26-B5870F580B57}&DE={EEBB6E63-01E2-4ADA-9E27-E151ED954FC4}   (462 words)      Western Knight Center for Specialized Journalism - Money and Politics Blog The Money and Politics Blog is dedicated to fostering excellence in media coverage of campaigns, elections, and the role of money in the political process. (Independent expenditures must be paid for with limited "hard" money contributions, while groups can spend unlimited funds on internal communications costs.) ###...Read the full story A judge has struck down several government rules on campaign fund-raising, ordering tougher restrictions on big political money in the long term while creating uncertainty about how candidates, parties, and interest groups should proceed in the election's final weeks. http://www.moneyandpoliticsblog.org   (462 words)      OMB Watch - New FEC Complaint Filed Against America Coming Together Three campaign finance reform groups have filed a new complaint at the Federal Election Commission (FEC) against an independent political committee, America Coming Together (ACT), alleging violation of FEC rules on what activities must be paid for with hard money. Hard money refers to funds raised subject to the limitations of federal campaign finance regulations, which prohibit corporate donations and individual donations over $5,000. ACT has used soft money to pay for direct mailings urging voters to defeat President Bush and elect progressive candidates all across the country. http://www.ombwatch.org/article/articleview/2254/1/218   (235 words)      ** Media & Politics ** Soft money refers to money used to advance a particular political campaign in such a manner as to skirt the legal limits on how much money individuals or organizations are allowed to contribute to political campaigns (termed hard money). A demonstrated effect of negative campaigning is that while it motivates the base of support it tends to alienate centrist and undecided voters from the political process reducing voter turnout and radicalizing politics. Campaigning on specific issues is related to lobbying and propaganda but is distinguished from the first by the involvement of mass action and the second by the fact that it is limited in scope and acts within the constitutional system. http://www.mediumismessage.com/MP.htm   (15157 words)      The Campaign Legal Center: Los Angeles Times Editorial: Close the Soft Money Tap It's mainly the Democratic Party, which is less successful than the GOP at raising hard money, that's been using the new groups to evade restrictions on unregulated contributions. Soft money was a term invented to define a loophole in previous reforms that allowed unlimited contributions to political parties and "independent" political committees. But it left open, and will have to address, the much wider use of soft money for ads that purport to be only about issues such as healthcare reform and for partisan voter mobilization. http://www.campaignlegalcenter.org/press-1045.html   (478 words)      August 2005 Johnny Got His Gun In the 1960s Donald Segretti was a ‘frat rat’ who played exceptional hard hardball politics on the SC’s fraternity row. Politics, as practiced by the Nixon, Reagan and Bush teams, and also by devotees of Bill Clinton, marries personal politics and big money. Characters like Donald Segretti, who honed dirty trickster skills, took them on the road and passed his baton to others on the Nixon-Reagan team, carry a pivotal role in understanding who’s who in presidential politics. http://www.egp360.net/editor/editor_2005_10.shtml   (4649 words)      96.04.02: Four Immigrant Groups: Their Lives and Music People in the Dominican Republic do not realize how hard it is to survive here; they think everyone makes lots of money, such as they see in the advertisements to encourage migration. Because we brought resources, such as money, skills, and education, concentrated in one place, and were helped by the U.S. government, both in aid, and in having a direct line to the centers of political power, we succeeded in establishing our own community. With the turmoil of politics in the 70’s, someone attempted to assassinate him. http://www.yale.edu/ynhti/curriculum/units/1996/4/96.04.02.x.html   (4649 words)      BENJAMIN TAPPAN AND THE ANTISLAVERY DEMOCRACY Tappan was a hard-money, anti-corporate charter, radical Democrat. Yet what had defined these Democrats as radicals was nothing to do with slavery, but their anti-banking and hard-money views. Their antipodal views of religion and politics involved Benjamin and Lewis Tappan in a searching debate over the proper means of advancing their shared goals of freedom and democracy - a debate which elucidated the ideological core of Democratic antislavery. http://www.h-net.msu.edu/~shear/s99abs/feller.htm   (342 words)      Rediscovering Alger Alger voices his opinions about William Jennings Bryan, hard money--especially the gold standard-- and his enthusiasm about the McKinley election of 1896. Alger's reflections on politics housed at the Huntington and in the Seligman letters (and a few at the University of Michigan) helped me grapple with Alger's Whig-Republican politics. I thought long and hard about what Alger meant by this remark, and I eventually concluded that there is no way Alger joined in the Mugwump defection of '84 (in which some progressive northern Republicans defected from Blaine to help elect the Democrat, Cleveland). http://www.ihot.com/~has/carol1.htm   (3332 words)      Punk International: Article / Country Profile: Portugal Well, Portugal is not a big country, altough sometimes it's hard to tour somewhere 'cause of lacking places to play, mainly for independent and garage bands.But between the two biggest cities (Lisbon and Oporto) there is a distance of 300km, you can make it in 3 hours. There are bands with money issues, and sometimes that means "no future" for that band, when it comes to record something, no matter how talented that band is. Some bands use diy style and record their own stuff. There's a big and permanent lack of support to punk-rock and hardcore scene here in Portugal. http://www.punkinternational.com/v2/content.php?article.276   (619 words)      The Future of the Regional Bells Center for Responsive Politics, "Money Talks in the Tauzin-Dingell Bill: Contributions Correlate Strongly with Final Vote." Online posting. Enron and Qwest valued the transaction at more than $500 million, but analysts said the timing and the valuation would be hard to justify because a glut of fiber optic capacity had sent network prices plummeting." (Barboza, David and Feder, Barnaby J. "Enron's Swap With Qwest Is Questioned." New York Times. More detailed information on how politics is funded by industry contributions is found on the Center for Responsive Politics' opensecrets.org website, in their Communications/Electronics sector. http://www.manymedia.com/futures/bells.html   (619 words)      The Oregon Working Group for Campaign Finance Reform is the coalition group that has as its sole focus doing policy development, education, and outreach work on Clean Money Campaign Reform in our state Double giving trends are seen at the federal level as well in both direct or hard money contributions to presidential candidates as well as soft money, PAC, and individual contributions to the Democratic Congressional Campaign Committee (DCCC) and the National Republican Congressional Committee (NRCC). Money in Politics Research Action Project analysis based on 1998 campaign contributions from to Majority 1998, Future PAC, The Leadership Fund, and Senate Democratic Leadership Fund by groups. In 1998, 92% of double giving dollars came from business interests, less than 4% of double giving dollars came from labor, less than 4% came from other interests, while less than 1% of double giving dollars came from unknown contributors. http://www.oregonfollowthemoney.org/Press/2000/May1500.html   (955 words)

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