It was brought to my attention recently what a PAC is. You've seen these three letters hugging close to political talking-heads such as Sarah Palin (SarahPAC), Mike Huckabee (HuckPAC), and others. The source from where I received the following information is now Colbert PAC, recently established.
If you did not know, a PAC is an instrument for political funding. As individuals can donate only so much to a candidate, a PAC allows individuals and companies to donate to a common cause, whether it is for a candidate or against another. Through a PAC, politicians have the support of extraordinarily large dollar amounts from supporters.
Is this the most current way to keep you and me out of the electoral process? The Electoral College wasn't enough, now corporations, those in energy, those in media, those sitting fat on cash sending our jobs abroad, and the extremely rich, are PAC-ing for their own interests. Where do you and I come in?
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