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Tipsheet

Occupy Wall Street Forms a PAC

Getting money out of politics by...raising as much campaign cash as they can. Occupy is officially starting a PAC, which will enable them to raise money for or against candidates and to provide information about legislation and ballot initiatives.

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The money that will be raised can be used by Occupy as a whole, from branches in Huntsville, Ala. to ones in New York City or Oakland, Calif.

“This PAC is for everyone and if they want to contribute they are more than welcome,” Thornton said. “This is going to be uber-transparent down to the cent.  It will be egalitarian and democratic.”

Money will also be used for federal candidates such as Elizabeth Warren and Vermont Senator Bernie Sanders because of their pledges to get money out of politics.

Although starting a PAC is serious business, the application is filled with the typical whimsy of the Occupy movement.

In one section when the application asks for the address of any other connected organizations, the response is “none and everywhere.”

As a big fan of unfettered campaign spending, I say, let the good times roll! It is ironic (and amusing!), though, to see people who want to hand over as much of the election process as possible to politicians adopting the same tools that they publicly decry.

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