"There's much too much money that flows in the shadows to influence our elections," Mr. Biden said. "Dark money erodes public trust."
I don't agree with Biden as much as I'd like to.
But I 100% agree with that statement
this post was submitted on 17 Jun 2024
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In case anyone wasn't aware, no this didn't go directly into the Biden campaign's funds; it went into a SuperPAC hiding the source(s) behind serveral shell companies. SuperPACs, unlike PACs or individual donations have no contribution limit, and usually require no disclosure of source. Their only requirement is they act independently from the candidate they endorse, and so cannot directly coordinate. This of course is pretty much irrelevant as call-and-response akin to the whole, "Russia, if you're listening..." can work just fine. Some may remember Colbert Report mocking this concept on a weekly basis.
This mostly a result of Citizens United v FEC and Speech Now v FEC, and traces back to Buckley v. Valeo.
Perhaps the single-most damaging action to our Democracy in decades. Thank conservatives.
Democrats must now play by the game in order to ever have a chance to win and change the rules.