Democracy is so efficient that elected Officials can be moved to make votes for amazingly small donations. They make up for the small amounts received for each vote by having needlessly large numbers of votes. Examining what special interests give as “campaign contributions” shows that an “investment” of $100,000.00 in campaign “contributions” may return ten or twenty million dollars in a few years. In just one of many government-guaranteed “green energy programs”, donations of a few hundred thousand returned nearly half a billion dollars in government-guaranteed loans to just one company!
The problem is obvious: most elected officials are not getting full value for their votes and get no gain at all by voting “No!” The Andrew Jackson Foundation has a plan to fix that.
Let’s consider a small County Government whose leaders have been convinced that “We need a vitally important new building to better serve the public. It will cost ten million dollars.”
In big cities, the special interests pushing such projects through will make “contributions” of at least half a percent. In rural areas, they can buy the necessary votes for half of that. That discrepancy is just not fair to rural officials. True, their cost of living is lower, but they like money just as much as their urban counterparts and have every bit as much right to it.
The tiny remnant who are concerned that taking bribes may cause eternal suffering are also being short-changed. “The souls of us elected officials in small towns are worth just as much as the souls in big city politics.”, they insist, with some reason.
The Andrew Jackson Foundation has looked at the basic cash flows of such a project and concluded, regarding a typical ten million dollar new expenditure: “The County Commissioners who vote in favor of this are only going to get a lousy hundred thousand dollars in “donations” between them.”
The Andrew Jackson Foundation suggests that it’s fairer to all elected officials to contribute promptly, fully, and fairly for their votes. In this case, The Foundation would make “contributions” two and a half times larger than the other special interests will pay for simply promising an unchanging ‘no’ vote against the project.
The Andrew Jackson Foundation Believes in Honest Calculations of How Big “Contributions” Should Be and in Prompt Payment of Same.
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The Andrew Jackson Foundation would make bigger and fairer “contributions” to the necessary officials for “No” votes because it looks at total costs to taxpayers. The ten million dollar bond issue for our hypothetical project actually costs the taxpayers $15,000,000 by the time the interest and fees are paid. And, since the new building would provide office spaces for an additional fifty employees at $75,000.00/year, or $37,500,000.00 per decade, the total cost to taxpayers of the program is over fifty million dollars for the first ten years.
Current “contributors” intentionally ignore that basic reality. Currently, contributors to officials in smaller political entities only pay “campaign contributions” of half a percent, or less. Worse, they only pay that on the building’s $10,000,000.00 basic cost. The Andrew Jackson Foundation would publicly point out that public officials are selling out for embarrassingly little. People who understand what’s going on, especially those who obtain contracts by making the “contributions”, snicker behind their backs.
The Andrew Jackson Foundation believes in paying full, fair value. The full half percent should be paid, up front, on the entire, fifty million dollar amount to be taken from taxpayers, even to officials in small political entities who are, unfortuately used to getting a mere quarter percent spread out over the years between election cycles. Immediate cash payments to voting officials, in this case, $250,000.00, lets them invest that money immediately.
Our elected officials would be much better off with fast cash in hand than with having it dribble in while it is continually devalued over ten years of inflation. As it is, they may have to go to firms like J. G. Wentworth to cash out their future contributions at a sizable discount. That’s not fair, and makes it more likely that their financial desperation may lead to disclosure, possible prosecution, fines, and prison.
In this theoretical case, The Andrew Jackson Foundation may be able to save the taxpayers of the County in question the full fifty million dollars required by the project’s first ten years. It would do so by openly and publicly getting the full half percent from five hundred concerned citizens who would cheerfully donate five hundred dollars to make the necessary “contributions”. What decent, well-to-do taxpayer could deny the logic encouraging him and 499 of his more prosperous neighbors to each spend $500.00 to keep their less well-off brethren from being made fifty million dollars poorer?
That’s a much fairer way to counterbalance existing cash flows. It gets everything out in the open for all to see. There would be no more embarrassing “under the table money”. That’s been popular in the past, but it does damage when it’s discovered and pesky prosecutors try to eliminate incumbents to get themselves into a position to receive similar “contributions”.
All Americans like to do good. Few things, outside of The Andrew Jackson Foundation, could do more good for our neighbors. What could be better than to save them fifty million dollars simply by, in the above case, organizing five hundred people who are already overtaxed to donate a lousy $500.00 that will save them many times that over the coming years?
