Warren Buffett Quotes
Let only individuals contribute - with sensible limits per election. Otherwise, we are well on our way to ensuring that a government of the moneyed, by the moneyed, and for the moneyed shall not perish from the earth.
The Citizens United case held that it was unconstitutional to limit the amount of money that corporations could spend political campaigns.
Not only both parties agreed on the evil of corporate money in politics, but there was not even a single dissent on this point. Also, the President was in agreement {634816}. A century later, there were only a handful of senators who did not think that corporate money was critical in politics. This was a flip flop for BOTH major parties.
He had been serving as a University President. One change was the unlimited corporate funds that could then be donated to campaigns by corporations. “Super-Pacs” were one of these vehicles. Kerrey refused to use them. His opponent did not. His opponent was able to spend much more money on his campaign. Kerrey lost.
Warren Edward Buffett is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over US$100.6 billion as of April 2021, making him the world's seventh-wealthiest person.