#RaiseTheVote: MAYDAY Citizens' SuperPAC Launches
Larry Lessig's Super PAC to end all Super PACs
Larry Lessig announced the launching of his experiment to see if it is possible to crowdfund a Super PAC to support political candidates that support campaign finance reform.
Excerpted from the site...
"Government has failed us. More than 90% of Americans link that failure to the influence of money in politics. Yet the politicians do not talk about this influence. While America founders*, they spend endless time with their funders. These funders hold our democracy hostage. We want to pay the ransom, and get it back. We’re going to kickstart a SuperPAC big enough to make it possible to win a Congress committed to fundamental reform by 2016."
The initial goal is to raise $1M from citizens by the end of May. If successful, that $1M will be matched, and MayOne will attempt to raise $5M by the end of June. If that goal is achieved, the $5M will also be matched.
Additional details about the fundraising and strategic goals for MayOne can be found at MayOne.
Crowdsourcing Campaign Financing