Category: FEC

Lessig on Public Financing

Lawrence Lessig has taken an interest in campaign finance reform, according to this ABA Journal report. “We need not so much a declaration of independence as a declaration for independence,” he told a university audience. “These institutions of public trust need to be constructed in such a way that we can sustain our faith.” Lessig […]

Why do People Give?

The Post reports on political contributions from PACs and workers in the health insurance and pharamaceutical industries.  W.J. “Billy” Tauzin, a former Republican House member from Louisiana who runs the Pharmaceutical Research and Manufacturers of America (PhRMA), said campaign contributions from his industry simply reflect participation in American democracy. “We do what most people do in political […]

AIG PAC

Taxpayers now own about 80% of AIG, according to this Treasury Department press release.  According to FEC data, the American International Group Inc. Employees Political Action Committee is still in operation and its latest cash on hand is about $32,000.