MAYday superpac raises $250k on first day

[madd0ct0r]

https://mayone.us/

What’s the plan here?

We have launched an experiment to see whether we can kickstart a campaign for fundamental reform.

That campaign will occur across at least two election cycles.

If we raise our funding targets, in 2014, we will launch a small campaign in at least 5 congressional districts. Based on what we learn in those 5 districts, we will launch a much larger campaign to get us to 218 votes in the House, and 60 votes in the United States Senate.

What do you mean by “kickstart”?

We will set a series of targets — two in 2014, more for the 2016 cycle — in which we announce a fundraising goal, and ask people to commit to that goal.

People “commit” by pledging a contribution — anywhere between $5 and $10,000 — to the Mayday PAC. That commitment is collected only if we reach the target by the target date at the end of the month. If we don’t meet the goal, no pledges are collected.

In 2014, there is one addition contingency. Lessig has committed to matching the two fundraising targets. We will only collect your pledge if he has secured that match.

What happens if we don’t meet our goal?

If the goal is not met, your pledge to the kickstart campaign is not collected. The experiment has failed, and we will go back to the drawing board.

What kind of “PAC” is the Mayday PAC?

The Mayday PAC is a SuperPAC. That means it spends the money it collects independently of any political campaign. But the ultimate aim of this SuperPAC is to end the dominance of SuperPACs in our elections.

We want fundamental reform that will change the way elections are funded. The first step towards that goal is to elect a Congress that will enact fundamental reform. Once we have that Congress, we will then consider the constitutional reform that will secure fundamental reform.

So you want to use big money to fight big money?

Yes. We want to use big money (collected from the many) to fight big money (collected from the few). Ironic, we understand. But embrace the irony. Everyone recognizes that politics costs money in America. And we don’t imagine a future where campaigns are free. But if we can pull together a large enough pool of money through this campaign, we can convince Americans that they can change the way money matters in politics. We can create a system in which it isn’t the influence of a few that matters. Instead, as any democracy should, it would be the influence of a majority that matters.

more here: https://mayone.us/faq/

[blahface]

If every state had the initiative being proposed in Oregon, they would be able to get their reform passed in a heartbeat. They would be able to form a very powerful voter block that would pledge to vote for all candidates and only the candidates that support getting money out of politics. It would take a lot less money to organize and it would put massive pressure on candidates who have to run in a much more competitive election in which all candidates need to take up the most popular issues without the ability to use the divide and conquer strategy that vote splitting allows.