1. The Rising Cost of Campaigns

2. Why do campaigns cost SO MUCH!? Radio and TV ads Hiring campaign pros Mailings.33-$1.00 each Printing Office – phones – equipment Logistics – Travel Length of American campaigns

3. $ources of Funding Small donors – 10% normally – Internet explosion 2008 Fat Cats PAC s Fundraisers Candidate self financing Meg Whitman – EBAY founder Donated nearly $100 m to her own campaign for governor of CA in 2010

4. Access to candidates and officials Really care about issues Have some agenda or special need/request Loyal to the party Want a job/appointment WHY Donate?

5. Campaign Finance Rules 1 st attempt 1907 during the Progressive Era – bars corporate/bank donations to candidates Major campaign finance laws passed in 1971-’74-’76 and 2002 (McCain – Feingold Act) Donations are CRITICAL

6. What Restrictions are still in place? Federal Election Commission (FEC) monitors rules Campaign finance reports Hard money has donation limits Hard money vs. soft money

8. PAC’s serve as the voice of many special interest groups Examples: NRA, AARP, UAW, Chamber of Commerce, American Petroleum Institute… Political Action Committees (PACs)

9. Citizens United Case – 2010 http://www.colbertnation.com/the-colbert-report-videos/405670/january-10-2012/bill- moyers 3:15 start http://www.colbertnation.com/the-colbert-report-videos/405670/january-10-2012/bill- moyers The 2010 Citizens United case overturned the restriction on corporate donations to issue ads http://www.colbertnation.com/the-colbert-report-videos/405970/january-16-2012/colbert- super-pac---mitt-romney-attack-ad http://www.youtube.com/watch?v=BOYcM1z5fTshttp://www.youtube.com/watch?v=BOYcM1z5fTs Hillary the Movie Trailer Corporations have the same rights as people.

10. Super PAC’s Anonymous and unlimited donations “Issue ads” (mostly negative ads)  Coordination with the campaign New Rules

11. Who are these anonymous billionaire donors? John Paulson, a hedge-fund manager who made billions when he bet against the sub-prime mortgage market, donated $1 million to Restore Our Future, a pro-Mitt Romney PAC, in January. Casino mogul Sheldon Adelson donated $5 million to the pro- Gingrich super PAC "Winning Our Future." The Service Employees International Union has donated more than $1 million to Majority PAC, House Majority PAC, Priorities USA Actions, and American Bridge 21st Century—all of which support Democrats.

12. 2 weeks after Obama was inaugurated, the Tea Party was funded by Charles and David Koch http://www.youtube.com/watch?v=7lCtX1IcXiw&feature=relmfuhttp://www.youtube.com/watch?v=7lCtX1IcXiw&feature=relmfu --Newsroom clip http://www.youtube.com/watch?v=f4uTKnhjH1Mhttp://www.youtube.com/watch?v=f4uTKnhjH1M --Pro-Romney Add http://www.youtube.com/watch?v=i-FhIgtoLxU&list=UU- JY5LuDM2wzN8cd5ubvRsg&index=19&feature=plcphttp://www.youtube.com/watch?v=i-FhIgtoLxU&list=UU- JY5LuDM2wzN8cd5ubvRsg&index=19&feature=plcp --Power of the Purse

13. http://www.youtube.com/watch?v=bqvO1biXS38&feature=relmfuhttp://www.youtube.com/watch?v=bqvO1biXS38&feature=relmfu –Man from Bloomfield Hills http://www.youtube.com/watch?v=0ahHzm5XIk8&list=UUExmL8PAa1O93bUIYN7BJ_A&index=32&feature=plcphttp://www.youtube.com/watch?v=0ahHzm5XIk8&list=UUExmL8PAa1O93bUIYN7BJ_A&index=32&feature=plcp --Trailer for “Man from Bloomfield Hills” http://www.youtube.com/watch?v=4Mj_gIzna1U&feature=relmfuhttp://www.youtube.com/watch?v=4Mj_gIzna1U&feature=relmfu –Mr. 1% http://www.youtube.com/watch?v=IfjAMRgpoughttp://www.youtube.com/watch?v=IfjAMRgpoug --Republican war on women