(2012-01-05) Transparent Lobbying Market Idea

Brain Fart Of The Day

Inspiration

Idea: a transparent Lobbying Market

  • all contributions to candidates must instead be made to positions/actions ("veto any bill including any clause providing military detention for American citizens") applied to some relevant cohort-group (e.g. the US President is 1 group, the US Senate another, the House another, etc.), during some time window
  • all the people within the cohort group that support/take the position/action split the money evenly.
  • a contributor could move money at any time up until some appropriate close-time (which might have to be the end of the action-time-window, but sometimes shorter when an actual law is signed). This would allow action-proposals to be refined, and priorities to be changed. This would cause a timing mismatch between when money is "needed" to buy Big Media time vs when it would be paid out, but I'm sure Goldman Sachs could arrange financing.
  • you'd need adjudicators like in Earth Web Book to evaluate actual actions against contribution-positions.
  • all contributions would be public. So you'd know where everyone was putting their money.

Update

  • this also reminds me of Glenn Greenwald's piece on Ron Paul vs Barack Obama - 2012-01-01-GreenwaldOnPaulAndProgressives - in terms of "voters" prioritizing what they really care about.
  • hmm, this gives no money to the losers in an election. So maybe the pre-election window is not tied to hard actions like votes-on-bills but rather on "signing on to" specific positions. This might also solve (or at least shorten) the timing-financing issue I noted above.
    • but what stops a candidate from "supporting" every position?

Edited:    |       |    Search Twitter for discussion