By allowing federal foreign funded ballot initiatives in states, the govβt arrogates legitimate protections & fundamental rights to foreign non-democratic or private ends through ballot initiatives that undermine, not strengthen, democracy.
FECβs ruling for foreign funding U.S. state ballot initiatives ...
Example 1) Would Americans benefit by allowing OPEC to fund state ballot initiatives obstructing pipelines & infrastructure throughout 19 U.S. states that allow ballot initiatives?
βLetβs Go, Brandonβ campaign?
Contβd
Example 2) Surveillance giant NSO Group may campaign using proceeds from authoritarian govβt intelligence supported by FEC election laws?
FISC must grant the govβt permission BEFORE engaging in foreign intelligence surveillance targeting Americans...
FEC Mission
To protect the integrity of the federal campaign finance process by providing transparency & fairly enforcing & administering federal campβn finance laws
β’ Warning democracy in peril by 100 U.S. university faculty (hks.harvard)
β’ U.S. #61 out of 91 (Freedom House)
FECβs ruling allowing foreign donor finance in U.S. referendum campaigns in the 19 of 26 states that donβt prohibit it, compels federal legislation to extend prohibitions to ballot referenda
Beyond immediate inflationary pressure and quarterly corporate profits abroad, the counterintuitive shift strengthens producers leverage in the supply-chain as well as creating potential trade/socio-economic instability #uncertainty#Fed#business#dollarindex