Payday for Legislative Leaders

In this update: 1. WDC report on payday lender donations to leadership PACs causes stir 2. First Wisconsin, then Maryland. Where next? Payday for Legislative Leaders

Email date: 3/4/10

In this update:
1. WDC report on payday lender donations to leadership PACs causes stir
2. First Wisconsin, then Maryland. Where next?

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Report on payday lender donations to leadership PACs causes stir
The report the Democracy Campaign issued Monday on donations from so-called “payday lenders” to four fundraising committees controlled by legislative leaders certainly got noticed, inspiring a number of newspaper articles such as this story in the Milwaukee Journal Sentinel as well as radio and TV coverage such as this account aired statewide on the Wisconsin Radio Network.

Our findings led the La Crosse Tribune to conclude in an editorial that the time has come for Assembly Speaker Mike Sheridan to step down. The report prompted the Journal Sentinel to call for public financing of elections as well as the abolition of the four leadership-controlled campaign committees.

Fans of the Frank Capra classic “It’s a Wonderful Life” will be able to relate to our latest Big Money Blog.

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First Wisconsin, then Maryland. Where next?
A couple of weeks ago, we stood in the freezing cold to protest the U.S. Supreme Court’s recent decision on campaign financing that opens the door to unlimited corporate spending on elections. In Maryland, citizens stood in the rain in a similar demonstration against this assault on our democracy. A video on YouTube not only shows the event but also shows the difference one person can make.