Extra Credit Opportunity
For those of you clamouring for a bump, here is your chance. Go to the website OpenSecrets.org. Find something fascinating about campaign finance that you can comment on. Be original as you don't want to post comments that someone else has already responded with. There are 69 APLG students. I will give XC to the first 68 who respond by the start of class on Tuesday Jan. 14th.
Example - In 2012, Amy Klobuchar spent about $8.5 million to be re-elected to the US Senate. and that is far from being an expensive Senate seat.
From 1998 -2012 the number of lobbyists has not changed much (1998 about 10,400 lobbyists while in 2012 there were 12,400 registered lobbyists) the amount of money spent by organizations (businesses, interest groups etc.) has been increasing tremendously. In 1998 about $1.45 billion was spent while in 2012 $3.31 billion was spent lobbying. Hopefully you could answer the "so what" of this fact.
Of the 534 current members of Congress, at least 268 had an average net worth of $1 million or more in 2012, according to disclosures filed last year by all members of Congress and candidates. The median net worth for the current lawmakers who were in Congress as of the May filing deadline was $1,008,767 -- an increase from the previous year when it was $966,000. And you thought that the qualifications for Congress were age, residency and citizenship. The richest member of Congress was, once again, Rep. Darrell Issa (R-Calif.) chairman of the House Oversight Committee. Issa, who made his fortune in the car alarm business, had an average net worth of $464 million in 2012.
All the best,
Darren Thompson