from Robert Reich re: labor v corp campaign contributions
Im in Washington, DC today. I just attended a conference where someone asserted that union political contributions balance contributions from big corporations and the wealthy, so there's no reason to be concerned about the latter. Baloney. Here are the facts: In the 2012 elections, the Koch brothers political network alone spent more than $400 million -- more than twice the political spending of the ten largest labor unions put together. In 2012, corporations spent $56 on lobbying for every dollar spent by labor unions. Not even Democratic candidates rely nearly as much on labor unions to finance their campaigns as they do on wealthy individuals. In 2012, the richest .01 percent of households gave Democratic candidates more than four times what unions contributed to Democratic campaigns.
There's no longer any balance in American politics. American workers no longer have a voice. Countervailing power has been eliminated. Money coming from big corporations and billionaires is drowning our democracy. The very first step for reform is to get big money out of politics.
Know the real facts, and share them.
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