At 07:35 PM 12/17/95 -0800, you wrote:
Here's a question I have never heard anyone else ask (or answer!). "What is the purpose of a PAC?
To be more specific, a PAC simply seems to be a funnel through which individual donations flow; why do we need a PAC? Is it to keep records of "who's naughty and nice"? Any contribution that can be made by a PAC could just as easily be made by one individual.
PACs are to politics what mutual funds are to investing - that is, a mechanism for investors to diversify their holdings, and to allow for the managers of those holdings to use their expert/specialized knowledge to achieve better returns (at the cost of some frictional skimmings-off) than individuals would on their own. But I'm not sure what this has to do with C-punks any longer. -- "The anchored mind screwed into me by the psycho- | Greg Broiles lubricious thrust of heaven is the one that thinks | gbroiles@netbox.com every temptation, every desire, every inhibition." | -- Antonin Artaud |