Thursday, May 5, 2016

Money In Politics

Truth In Advertising:

When the FTC finds a case of fraud perpetrated on consumers, the agency files actions in federal district court for immediate and permanent orders to stop scams; prevent fraudsters from perpetrating scams in the future; freeze their assets; and get compensation for victims.

Regulation of campaign advertising:

The Bipartisan Campaign Reform Act of raised the legal limits of hard money that could be raised for any candidate, and set limits on what funds could be spent on election broadcasts, but it did not mandate verifiability in political campaign advertising. As of this time, there is no pending legislation addressing this issue.

Political television commercials can say anything without being regulated for truth.

Television time is expensive but effective. This year over $10 billion will be spent on advertising. Where do politicians get the money? Prohibit the advertising and it will lessen the need for money.