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A Times Editorial

Money talks, public loses

Here are two more examples from Tallahassee and Washington last week that illustrate how piles of money corrupt government and tilt the playing field in favor of special interests with fat checkbooks.

In Tallahassee...

Slush fund revival

The Legislature shamelessly overrode former Gov. Charlie Crist's veto of a bill, HB 1207, that will allow legislative leaders to re-establish slush funds that were banned more than 20 years ago. This is not about reform or transparency, as supporters such as Sen. Jack Latvala. R-Clearwater, and others tried to claim. This is about giving legislative leaders unfettered ability to raise gross amounts of money from special interests with business before the Legislature. Then those leaders can dole out the money to their favorite candidates, who will be beholden to those leaders and their benefactors instead of to their constituents. And there will be less transparency, not more. At least separate committees controlled by powerful legislators now have to post all contributions and expenses on their websites within days of each transaction. That won't happen with these new slush funds.

To call this reform is laughable. Legalized bribery would be more accurate.

Unlimited

Amount of money legislative leaders can raise for new slush funds

$50,000

Amount slush funds can give to legislative candidates

$250,000

Amount slush funds can give to statewide candidates

In Washington...

Buying access

No wonder AT&T wanted to keep its bid to buy T-Mobile USA secret for as long as possible. The combination of the nation's second- and fourth-largest wireless carriers would reduce competition and is expected to wind up raising prices for customers. Consumer advocates are raising questions, and the Justice Department's antitrust division has vowed to be more aggressive in reviewing proposed mergers.

Don't hold your breath. AT&T has invested heavily in Washington. It is the top corporate donor to members of Congress, uses an army of lobbyists and often gets its way.

$46 million

AT&T campaign contributions to members of Congress since 1989

$15.4 million

AT&T's lobbying expenses in 2010

93

Number of AT&T lobbyists

Sources: Florida state records, Center for Responsive Politics and the Wall Street Journal

Money talks, public loses 03/25/11 [Last modified: Friday, March 25, 2011 7:36pm]

    

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