Peter Stone on the influence of money in this year’s campaign

For the last 20 years, journalist Peter Stone has been unraveling the complicated issues of campaign finance. He’s written for The New York Times, The Washington Post and the Atlantic, among others, and during his tenure at the National Journal he broke several stories on the Jack Abramoff scandal, and wrote a book about it: “Casino Jack and the United States of Money.” He now leads the Politics and Money team at the Center for Public Integrity, a non-partisan investigative journalism group. He’s been tracking this year’s campaign and the financing behind it. He joined Need to Know from Washington, D.C.

 
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Comments

  • Big Joe

    Yeah, Meachem’s the guy that was heading up Newsweek when I cancelled my subscription.

  • Jane Burrington

    Not one word about Lib donations?? What about Soros and his millions given to the Demo’s and all the radical left extreme groups,,,,,what about the guy in the slammer for illegal money given to the Clinton’s……….what about Acorn…….what about Edwards using donations for his kid and girlfriend?? What a total bias and discusting “report” It;s no wonder Newsweek went under

  • Jane Burrington

    Not one word about Lib donations?? What about Soros and his millions given to the Demo’s and all the radical left extreme groups,,,,,what about the guy in the slammer for illegal money given to the Clinton’s……….what about Acorn…….what about Edwards using donations for his kid and girlfriend?? What a total bias and discusting “report” It;s no wonder Newsweek went under

  • VerifiableTruth Matters

    MAINSTREAM MEDIA NEEDS TO EXPOSE THIS CORRUPTION TO PROTECT THE U.S.
    I wish every American could read this, especially those who are going to put this Campaign of Deceit back into power in 2010 and 2012. Decisions were made by the Right Wing in the 1980s to build an Infrastructure of Deceit and engage in a Campaign of Deceit, which is now entering the 4th decade. DECEIT and the associated actions are a force. When you add a violating force, like DECEIT, you get an acceleration that destroys with a domino effect. We see this with 935 lies to invade Iraq that the Associated Press identified in January 2008, where one million innocent Iraqis died, which Joseph Stiglitz calculates will costs Americans $3 TRILLION. The Middle East experts interviewed before the US invaded said this would happen. Especially since bin Laden announced to the entire Arab world to come help defend against US aggression about a week after 911 and then again about 5 weeks before the US went in. The same thing with the fact that Wall Street bought off the Republican-dominated Congress with $5 BILLION during the 1990s to repeal Glass-Steagal in Dec 1999. The economic meltdown of Sept 2008 is the 3rd time derivatives stuffed with some kind of junk have damaged the economy–1987 (S&L), 1998 (LTCM), 2008( Subprime), 2018 (?derivatives stuff with some kind of junk). John Cornyn and Boehner have both said that what little was done with FINANCE REFORM will be repealed. That’s exactly how we got into this mess, so plan on more economic destruction if the GOP gains power.

    THE MOTTO: FIX THE DATA TO PUSH THE AGENDA
    They have put the infrastructure in place in their Campaign of DECEIT–Rt. Wing Think Tanks producing phoney studies to discredit renewable energy and climate change, corrupt Front Groups and Foundations that launder millions from Special Interests, and the Pundits of DECEIT spewing lies 24/7 in Media Outlets like FOX Cable. This process is creating an acceleration that is capable of destroying the U.S. by 2020. They are now incapable of telling the Truth about anything and 99% of what comes out of the Rt. Wing is one lie after another as can be verified by checking their statements against FACTCHECK.ORG corrections. A 4-headed Hydra of 2 groups of Evangelical Religious zealots hell bent on undermining Separation of Church and State in the U.S., creating a Christian Theocracy in the U.S. and Christian World Domination. One group, THE FAMILY doesn’t even believe in Democracy. Their MOTTO, “Totalitarianism For Jesus”. 17 of them live at “C Street” (by Jeff Sharlet). Terry Gross tlaked to Jeff Sharlet on NPR’s “Fresh Air” on Thursday 9-23-2010 about his two books exposing how The Family is operating including their takeover in the U.S. military. The other 50 million Evangelical Fundmentalists have convinced themselves they see all the Signs For the End of Days, therefore they will be taken into heaven in The Rapture. They encourage Israel to steal all of Palestine, so the Prophecies of the Book of Revelations will come true. (“American Theocracy” by Kevin Phillips and “Kingdom Coming” by Michelle Goldberg). The other two groups are aligned with the Special Interests that own 90% of the Republican Party. 3) Koch (COKE) Industries, a severe Libertarian Movement, Oil Conglomerate is one of the major backers of the T.E.A. Party. See the 8-26-2010 interview on NPR’s Fresh Air with Jane Mayer about her research published in the August issue of New Yorker, “Covert Actions”. Also read, “Republican War on Science” as to exactly how they went about creating the Infrastructure of DECEIT starting in the 1980s. 4) The Neocon, War hawks, who dominated the Bush Administration and are tied to the Establishment Republicans. They created The Wolfowitz Doctrine in 1991 to make the Mideast the next target, to justify the DOD Budget. They created the Project For A New American Century (PNAC) in 1997 and their policies are all about U.S. world domination with 820 military bases in 115 out of 192 countries. They cost US taxpayers $1.5 TRILLION/YEAR. (“The 40 Year War” by Len Colodyny” or “Sorrows of Empire” by Chalmer Johnson)They will willingly fabricate lies to go to war with 90 million people in Iran, just like the lies that Israel is now creating. It takes 120,000 centrifuges working 24/7 for a year to produce 95% grade enrichment for a bomb. Iran has maybe 5000 centrifuges, which have been sitting idle for the last 12 months and they have never enriched more than 20% for medical use. There’s already war drums beating against Iran as the Sept Issue of The Atlantic pointed out in an article by Jeff Goldberg, “The Point of No Return”. The Neocons increased Israel’s financial and military aid from $60 million to $6 BILLION/year. So no need to wonder what the Pledge To America will be, because these are their hidden agendas along with a few other things, that they will actually be pursuing.

    They’re engaged in 3 decades of domestic terrorism against women’s clinics and their doctors to push a religious ignorance that Science addressed in 1992, “LIFE DOES NOT START AT CONCEPTION”. They’re also tied into “Blackwater” (by Jeremy Scahill) run by Catholic Fundamentalist, Erik Prince, who charges US taxpayers $30,000/month/person for his 4 million strong mercenary army. Blackwater is bilking Americans out of BILLIONS and millions of those funds get channeled into Right Wing causes, that Americans don’t know they’re indirectly paying for. So you can’t believe a Pledge or Contract out of the GOP, because each of these 4-headed hydra groups has their own infrastructure of DECEIT in place and their own HIDDEN AGENDAS.

    They cost the taxpayer $3 TRILLION in Iraq with a war based on 935 lies. They just trashed $13 TRILLION in equity assets in retirement accounts and pension funds that were destroyed, millions of jobs gone, millions of foreclosures because of the job losses. They damaged The Stimulus designed by 3 dozen economists, who were very knowledgeable about all previous severe recessions and the Great Depression. They were trying to plug a $1.4 TRILLION GDP contraction and get credit moving again. They won’t tell you that the TARP was short-term bridge loans to GM, Chrysler, 460 banks that have been repaid with interest or that Health Care Reform is going to rein-in the DEBT by $1.2 TRILLION 2020-2030. They derailed help for small businesses because they know that more that 90% of the jobs are there and if those eligible businesses can’t get credit lines to help with cash flow they can’t fill the orders that have been waiting for months. Because Americans are so poorly informed and so willing to buy into the GOP Campaign of Deceit, The lack of jobs will get blamed on the Democrats or the Stimulus not working. There’s 16 million Green Jobs waiting to get off the ground, but the GOP won’t support those because 90% of the GOP are owned by Special Interests, and that means BIG OIL, who wants to sell you TRILLIONS in oil products. So it doesn’t matter what they tell you in a PLEDGE or using the $100 million they got from Special intersts to dfunnel through the phoney Front Groups, they’re incapable of telling the Truth about anything as they enter their 4th decade in The Campaign of DECEIT. Noone in American should be believing any attack ad. Go to the Fact Check through the local TV station. They will pursue their HIDDEN AGENDAS as the Special Interest who own them want them to. Everything they tell you will be a lie, just as everything they told you under Bush-Cheney was a lie. And the acceleration will get dangerously close to completely destroying the United States. They almost succeeded in 2008 and they intend to make sure that Wall Street is deregulated again. We see how well that went. Wall Street has no Conscience about all the damage done, but neither does the GOP who deregulated them in the 1990s.

  • VerifiableTruth Matters

    MAINSTREAM MEDIA NEEDS TO EXPOSE THIS CORRUPTION TO PROTECT THE U.S.
    I wish every American could read this, especially those who are going to put this Campaign of Deceit back into power in 2010 and 2012. Decisions were made by the Right Wing in the 1980s to build an Infrastructure of Deceit and engage in a Campaign of Deceit, which is now entering the 4th decade. DECEIT and the associated actions are a force. When you add a violating force, like DECEIT, you get an acceleration that destroys with a domino effect. We see this with 935 lies to invade Iraq that the Associated Press identified in January 2008, where one million innocent Iraqis died, which Joseph Stiglitz calculates will costs Americans $3 TRILLION. The Middle East experts interviewed before the US invaded said this would happen. Especially since bin Laden announced to the entire Arab world to come help defend against US aggression about a week after 911 and then again about 5 weeks before the US went in. The same thing with the fact that Wall Street bought off the Republican-dominated Congress with $5 BILLION during the 1990s to repeal Glass-Steagal in Dec 1999. The economic meltdown of Sept 2008 is the 3rd time derivatives stuffed with some kind of junk have damaged the economy–1987 (S&L), 1998 (LTCM), 2008( Subprime), 2018 (?derivatives stuff with some kind of junk). John Cornyn and Boehner have both said that what little was done with FINANCE REFORM will be repealed. That’s exactly how we got into this mess, so plan on more economic destruction if the GOP gains power.

    THE MOTTO: FIX THE DATA TO PUSH THE AGENDA
    They have put the infrastructure in place in their Campaign of DECEIT–Rt. Wing Think Tanks producing phoney studies to discredit renewable energy and climate change, corrupt Front Groups and Foundations that launder millions from Special Interests, and the Pundits of DECEIT spewing lies 24/7 in Media Outlets like FOX Cable. This process is creating an acceleration that is capable of destroying the U.S. by 2020. They are now incapable of telling the Truth about anything and 99% of what comes out of the Rt. Wing is one lie after another as can be verified by checking their statements against FACTCHECK.ORG corrections. A 4-headed Hydra of 2 groups of Evangelical Religious zealots hell bent on undermining Separation of Church and State in the U.S., creating a Christian Theocracy in the U.S. and Christian World Domination. One group, THE FAMILY doesn’t even believe in Democracy. Their MOTTO, “Totalitarianism For Jesus”. 17 of them live at “C Street” (by Jeff Sharlet). Terry Gross tlaked to Jeff Sharlet on NPR’s “Fresh Air” on Thursday 9-23-2010 about his two books exposing how The Family is operating including their takeover in the U.S. military. The other 50 million Evangelical Fundmentalists have convinced themselves they see all the Signs For the End of Days, therefore they will be taken into heaven in The Rapture. They encourage Israel to steal all of Palestine, so the Prophecies of the Book of Revelations will come true. (“American Theocracy” by Kevin Phillips and “Kingdom Coming” by Michelle Goldberg). The other two groups are aligned with the Special Interests that own 90% of the Republican Party. 3) Koch (COKE) Industries, a severe Libertarian Movement, Oil Conglomerate is one of the major backers of the T.E.A. Party. See the 8-26-2010 interview on NPR’s Fresh Air with Jane Mayer about her research published in the August issue of New Yorker, “Covert Actions”. Also read, “Republican War on Science” as to exactly how they went about creating the Infrastructure of DECEIT starting in the 1980s. 4) The Neocon, War hawks, who dominated the Bush Administration and are tied to the Establishment Republicans. They created The Wolfowitz Doctrine in 1991 to make the Mideast the next target, to justify the DOD Budget. They created the Project For A New American Century (PNAC) in 1997 and their policies are all about U.S. world domination with 820 military bases in 115 out of 192 countries. They cost US taxpayers $1.5 TRILLION/YEAR. (“The 40 Year War” by Len Colodyny” or “Sorrows of Empire” by Chalmer Johnson)They will willingly fabricate lies to go to war with 90 million people in Iran, just like the lies that Israel is now creating. It takes 120,000 centrifuges working 24/7 for a year to produce 95% grade enrichment for a bomb. Iran has maybe 5000 centrifuges, which have been sitting idle for the last 12 months and they have never enriched more than 20% for medical use. There’s already war drums beating against Iran as the Sept Issue of The Atlantic pointed out in an article by Jeff Goldberg, “The Point of No Return”. The Neocons increased Israel’s financial and military aid from $60 million to $6 BILLION/year. So no need to wonder what the Pledge To America will be, because these are their hidden agendas along with a few other things, that they will actually be pursuing.

    They’re engaged in 3 decades of domestic terrorism against women’s clinics and their doctors to push a religious ignorance that Science addressed in 1992, “LIFE DOES NOT START AT CONCEPTION”. They’re also tied into “Blackwater” (by Jeremy Scahill) run by Catholic Fundamentalist, Erik Prince, who charges US taxpayers $30,000/month/person for his 4 million strong mercenary army. Blackwater is bilking Americans out of BILLIONS and millions of those funds get channeled into Right Wing causes, that Americans don’t know they’re indirectly paying for. So you can’t believe a Pledge or Contract out of the GOP, because each of these 4-headed hydra groups has their own infrastructure of DECEIT in place and their own HIDDEN AGENDAS.

    They cost the taxpayer $3 TRILLION in Iraq with a war based on 935 lies. They just trashed $13 TRILLION in equity assets in retirement accounts and pension funds that were destroyed, millions of jobs gone, millions of foreclosures because of the job losses. They damaged The Stimulus designed by 3 dozen economists, who were very knowledgeable about all previous severe recessions and the Great Depression. They were trying to plug a $1.4 TRILLION GDP contraction and get credit moving again. They won’t tell you that the TARP was short-term bridge loans to GM, Chrysler, 460 banks that have been repaid with interest or that Health Care Reform is going to rein-in the DEBT by $1.2 TRILLION 2020-2030. They derailed help for small businesses because they know that more that 90% of the jobs are there and if those eligible businesses can’t get credit lines to help with cash flow they can’t fill the orders that have been waiting for months. Because Americans are so poorly informed and so willing to buy into the GOP Campaign of Deceit, The lack of jobs will get blamed on the Democrats or the Stimulus not working. There’s 16 million Green Jobs waiting to get off the ground, but the GOP won’t support those because 90% of the GOP are owned by Special Interests, and that means BIG OIL, who wants to sell you TRILLIONS in oil products. So it doesn’t matter what they tell you in a PLEDGE or using the $100 million they got from Special intersts to dfunnel through the phoney Front Groups, they’re incapable of telling the Truth about anything as they enter their 4th decade in The Campaign of DECEIT. Noone in American should be believing any attack ad. Go to the Fact Check through the local TV station. They will pursue their HIDDEN AGENDAS as the Special Interest who own them want them to. Everything they tell you will be a lie, just as everything they told you under Bush-Cheney was a lie. And the acceleration will get dangerously close to completely destroying the United States. They almost succeeded in 2008 and they intend to make sure that Wall Street is deregulated again. We see how well that went. Wall Street has no Conscience about all the damage done, but neither does the GOP who deregulated them in the 1990s.

  • Jane

    The sub-prime home loans caued more financial loss ever recorded in history. Thanks to numerous Libs

  • Firmspear

    there is a lot truth in the writing but how do you get the marjority to believe and take correct action.I recently sent a friend in Israel an email who is always asking me for favors,the most recent was a chore/work.I told her ,her favors were Mitzvha which for the Jew is like doing Gods.One book I recently read about the group that created the financial products/securitized mortgages,was said they were chanting as a group they were doing Gods work.When any group starts believeing they are doing Gods work,we got a problem Houston.

  • wisdom seeker

    Don’t the radicals of Islam believe they are “doing God’s work”? God does God’s work, man is mortal. Satan is hiding, waiting for the US to THINK that the propaganda spewing from these interest groups is “God’s work”. Pray for wisdom to discern truth that has been lost in the judiciary. One branch down, two on the way.

  • http://www.facebook.com/leemcf42 Lee McFarland

    The point is neither left vs the right or who is benefiting the most from this ruling. Quit the blame game. This is a dangerous ruling from the court. The article talks about labor union and corporations swaying the vote, but what about other countries? Whose says China is not funding America’s Crossroads and what about the individual’s voice in politics? What’s stops a corporation from going to congresswo/man or senator and telling them during an election year, “Vote this way on a bill or I will flood your district with negative ads against you and positive ones for your opponent?

  • Guest 5

    American politics stink to high heaven,both sides.
    The SCOTUS ruined its credibility by going in favor of Citizens United.
    The whole process of Representatives and Senators is undermined by too much money. And in US politics it is the ” root of all evil!!”.
    Until that issue of money is addressed all it means is that in a sophisticated way American politics will remain Ha ha Legally corrupt!!
    Look at the only other system designed by an American i.e Japan’s constitution and it suffers from the same legally corrupt money in politics problem!
    When campaigning for 2012 elections will start shortly that’s the other problem as staff need to be funded for almost two years to run a campaign… Nonsense!
    Primaries and House and Senate up for grabs start Jan 2012 till July and hold conventions to finalize Presidential and vice Presidential candidates.
    Then 3 months campaigning for the actual elections. No campaigning prior to Jan 2012
    The money saved will help the country as corporations/individuals etc will pay more taxes because they cannot make huge tax free political donations.
    Guest 5.