HuffPo Breaks Huge Corruption Story and Now We Must Do Something About It

Posted by Lawrence Lessig, Huffington Post at 12:04 PM on January 30, 2009.

You can't make this stuff up. Breaking news from The Huffington Post:

Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community's top legislative priority.

Participants on the October 17 call -- including at least one representative from another bailout recipient, AIG -- were urged to persuade their clients to send "large contributions" to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.

...Donations of hundreds of thousands, if not millions, of dollars to Republican senatorial campaigns were needed, they argued..."If a retailer has not gotten involved in this, if he has not spent money on this election, if he has not sent money to [former Sen.] Norm Coleman and all these other guys, they should be shot. They should be thrown out their goddamn jobs," Marcus declared.

Not only are some of the most non-trusted companies in America blatantly trying to buy off Congress, but they're using our bailout money to do it. Enough!

If there was ever a time to join Change Congress's political "donor strike" in support of fundamental campaign finance reform, this is it.

Click here to join the fight for reform.

Together, thousands of us have pledged not to donate a penny more to politicians unless they support "citizen-funded elections" for Congress -- a combination of public financing plus Obama-style small-dollar donations. We have removed $431,000 from the campaign coffers of those who oppose reform, and it's growing by the hour.

Instead of politicians spending their time begging those who got us into this economic crisis for big-dollar checks, politicians will have to spend their time being responsive to regular people. That's the way democracy should work. And now, at this moment of outrageous news, all of us can do our part. Please join the fight for reform today by clicking here, and then forward this news to some friends today.

Thanks for changing Congress,
Lawrence Lessig & Joe Trippi (co-founders, Change Congress)

UPDATE: A commenter at DailyKos smartly said we should Digg and Reddit this. Please do!

Tagged as: corruption, banking, efca