JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Thursday, April 10, 2025

Campaign finance accountability

by

20100411

?Un­der the Rep­re­sen­ta­tion of the Peo­ple Act, a can­di­date for pub­lic of­fice is al­lowed to spend per­son­al­ly $50,000 on an elec­tion cam­paign. That sum, in a gen­er­al elec­tion cam­paign, might cov­er the cost of a few ban­ners for a hope­ful can­di­date, and the par­ties prepar­ing for the still un­de­clared snap elec­tion are al­ready send­ing clear sig­nals that this elec­tion is go­ing to be a big in­vest­ment. Op­po­si­tion Leader Kam­la Per­sad-Bisses­sar made her first stop on the elec­tion trail in Flori­da, USA, where she can­vassed UNC sup­port­ers for funds for the par­ty's ef­fort to un­seat the PNM. The PNM is talk­ing about mount­ing a cam­paign that will cost more than $150 mil­lion, with sums of be­tween $2 mil­lion and $5 mil­lion ear­marked for each con­stituen­cy, de­pend­ing on how cer­tain the sta­tus of the seat is be­lieved to be. Con­gress of the Peo­ple is plan­ning to spend $12 mil­lion on the 2010 elec­tion cam­paign, but the par­ty's fi­nan­cial po­si­tion com­ing out of the 2007 elec­tion re­mains un­cer­tain.

In 2009, the par­ty's deputy po­lit­i­cal leader, Prakash Ra­mad­har, ad­mit­ted that the CoP was still to re­pay debts of $2 mil­lion still owed to cred­i­tors from that cam­paign. The UNC has not de­clared a bud­get for the elec­tion cam­paign in 2010, but is be­lieved to have spent $100 mil­lion on woo­ing the elec­torate in 2007. De­spite the pro­vi­sions of the Rep­re­sen­ta­tion of the Peo­ple Act, this mon­ey is raised and spent through a net­work of non-gov­ern­men­tal or­gan­i­sa­tions and sup­port groups al­lied with, but not di­rect­ly linked to the can­di­dates. The process is le­gal un­der ex­ist­ing laws re­lat­ed to cam­paign fi­nance, but these meth­ods qui­et­ly ig­nore the in­tent of the Rep­re­sen­ta­tion of the Peo­ple Act, which seeks to out­line a method­ol­o­gy for the elec­toral process that en­cour­ages can­di­dates to seek of­fice in a process that is in the best in­ter­ests of the vot­ing pub­lic.

Any coun­try's ef­forts to seek re­form in cam­paign fi­nanc­ing, in­evitably, re­turn to the re­al­i­ty that can­di­dates spend large sums of mon­ey to be elect­ed and that fi­nanc­ing comes through tor­tur­ous­ly com­pli­cat­ed back­doors with con­trib­u­tor ex­pec­ta­tions that are un­de­clared and through a process that re­mains dis­turbing­ly in­vis­i­ble to the elec­torate. In 1972, the Unit­ed States suc­cess­ful­ly brought in­to law the Fed­er­al Elec­tion Cam­paign Act, which re­quired can­di­dates to dis­close sources of cam­paign con­tri­bu­tions and cam­paign ex­pen­di­tures. Amer­i­ca's statu­to­ry lim­its on in­di­vid­ual do­na­tions and con­tri­bu­tion by par­ty and can­di­date po­lit­i­cal ac­tion com­mit­tees were set at $1,000 and $5,000, re­spec­tive­ly, in 1974. The US Supreme Court ruled against fur­ther lim­i­ta­tions be­ing sought on pri­vate spend­ing on in­de­pen­dent po­lit­i­cal broad­casts, on the ba­sis of free speech guar­an­tees un­der that coun­try's con­sti­tu­tion.

Un­sur­pris­ing­ly, de­ci­sive en­er­gies were ex­pend­ed on low­er bud­get In­ter­net ini­tia­tives, and fund­ing was re­served for broad­cast per­sua­sion in the Amer­i­can gen­er­al elec­tion of 2008. In Feb­ru­ary, 2009, Sen­a­tor Prof Ramesh De­osaran sought to raise, by pri­vate mo­tion, the is­sue of trans­paren­cy in elec­tion fund-rais­ing, through what he de­scribed as "a leg­isla­tive frame­work to gov­ern the fi­nanc­ing of elec­tion cam­paigns." Un­der­ly­ing Sen­a­tor De­osaran's mo­tion was the need for cam­paign fi­nanc­ing to move out of the shad­ows and on­to high­er moral ground, where trans­paren­cy would en­sure that all stake­hold­ers would be aware of the way that elec­tions are fund­ed. Not­ing the rise in vis­i­bil­i­ty of per­sons claim­ing to be owed mon­ey re­lat­ed to po­lit­i­cal cam­paigns, the mo­tion raised is­sues re­lat­ed to ways that leg­is­la­tion might "cleanse the sys­tem, sani­tise the sys­tem, pu­ri­fy the sys­tem, and to save many peo­ple, busi­ness, groups of one type or an­oth­er, from un­due em­bar­rass­ment."

En­shrined in T&T's Con­sti­tu­tion is the free­dom of in­di­vid­u­als to sup­port any cause that they find com­pelling, so there are con­flicts that nec­es­sar­i­ly arise in any ef­fort to bring so­lu­tions through leg­is­la­tion. The sheer scale of fund­ing be­ing con­tem­plat­ed in the 2010 elec­tions and the ev­i­dence of re­cent elec­tions sug­gest that the mil­lions be­ing raised for these cam­paigns are not com­ing from in­di­vid­u­als and fund-rais­ers alone. The share­hold­ers of pub­licly-held com­pa­nies might wish to con­sid­er the pow­er that their vot­ing rights hold in en­cour­ag­ing cor­po­rate spon­sors to de­clare their fund­ing more open­ly, as a first step in dri­ving home the im­por­tance of trans­paren­cy in the spend­ing of such large sums of mon­ey. At the heart of the is­sue of cam­paign fi­nance re­form is the chal­lenge of main­tain­ing po­lit­i­cal equal­i­ty against the dan­ger of pri­vate fi­nanciers who might be placed in an ad­van­ta­geous and in­flu­en­tial po­si­tion. That sit­u­a­tion threat­ens to re­place the core pow­er of an in­di­vid­ual vote in a bal­lot box with the per­sua­sive pow­er of moral, as well as fi­nan­cial in­debt­ed­ness, to large con­trib­u­tors.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored