Jack Dorsey Quotes

Congressman are spending too much time raising money.

Donald Trump's campaign has raised about $100,000 in donations during the second quarter. Which raises an important question: Who is giving Donald Trump money? That's like giving your money to a pile of money.

Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work.

The question now is does Obama have any hope of raising money? I don't think he'll raise it out of the New York people, I don't think he's going to raise it out the Hollywood people, so where's the money going to come from for Barack Obama?

In Canada we have limits on campaign spending and public funding of campaigns. This makes it easier for people [candidates] who don't have access to huge amounts of money.

A congressman serves a two year term. As soon as he gets elected, he has to start attending fund raisers.

You don’t get campaign contributions just because it’s a philanthropic endeavor.

So long as politicians need millions to win a seat in Congress and nearly a billion to contest the White House, they will sanctify the methods needed to raise such sums.

In many cases they [members of congress] go outside their district [to raise money.] They in effect trade policy positions for money. Then they go back to their districts and use the money to run campaigns on a nonpolicy basis.

Until the 1980s, candidates spent a fraction of their time talking to donors; just a few weeks a year, a little more right before an election. True, they'd fund raise from the wealthy interests, as they do now, but it was a minuscule part of their job: policy and constituent services were the heart of the work.

We have to talk about the way we finance campaigns.

Last month Mitt Romney raised $76 million. He found it in an old sport-coat pocket.

The spree of big money campaigning—and the corruption that goes with it—seems guaranteed to worsen …. Campaign money handlers will keep pushing the limits wherever and however they can—and the integrity of our electoral system will pay the price.

We have to keep the old man’s money coming into the campaign but keep him out of it.

What is a super PAC? It’s like a PAC that got bitten by a radioactive lobbyist.

This [political fundraising] is a very sophisticated system … This is a legalized bribery system where no one has to say anything. I don’t have to say what I want—you [the politician] know what I want.

To get on an important [Congressional] committee, a member has to raise a certain amount of money per election cycle. If he does not, he will be dropped from the committee. Both parties actually have a formal price tag for that they call A, B and C committees.

Money is the mother's milk of politics

We urge the repeal of federal campaign finance laws and the immediate dissolution of the despotic Federal Elections Commission.

This Court now concludes that independent [political] expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption.

Dependence on private money to run campaigns causes pain to Republicans and Democrats alike - and business owners. It's time we did something about it. And public financing of elections should be the first step.

I talked to congressmen who really hate having to go to the many fundraisers, but they see it as a necessary part of their job.

Indiana's ninth congressional district isn't historically known as a fount of congressional contributions. That said, if you look at my fundraising history, we've succeeded.

Both Obama and Romney are just rolling in PAC money. Plus, they have the super PAC's behind them. They've got multi-millionaires and billionaires just buying 30-second ads. It gives each of them tremendous exposure.

The way we fund campaigns is a feminist issue and a race issue. If you want more representation, you can't say it's going to be really expensive to run for office and you need a rolodex of billionaires.