It will take one million contributors in the primary to win, and five million in the general. It can be done in the age of the internet.
The system fights me. I am the only candidate running who has been governor and a member of Congress, and yet I have not been invited to a debate. Maybe no one wants to talk about the money they are getting, or at least begging for.
My contributions average $82 per contributor, and come from all 50 states and three territories. Our bills are paid; we have money in the bank. And after our announcement three weeks ago, we are slowly getting known across New Hampshire and the country.
RJ - Given the grave concerns the public has about the weak economy, high unemployment, massive budget deficits, the growing national debt, and other fiscal issues, do you believe your message of campaign finance reform will resonate with voters?
Buddy Roemer - It has not resonated yet, but it is early in the cycle. As people realize just how corrupt the system is (SuperPACs and $1 million checks), and as they realize how the special interest money keeps any real change from taking place (stopping unfair trade practices of a foreign competitor nation [China] for example), people will focus on the real problem: the influence of big special interest checks. And this will become the issue.
RJ - According to your website, your plan for balancing the federal budget "calls for an annual reductions in federal spending equal to 1% of GDP over five years" and reducing federal spending to 18% of GDP. This appears to be quite similar to Republican Congressman Connie Mack's "Penny Plan." What are the main differences between your plan and Congressman Mack's plan? What are the advantages to your plan?
Buddy Roemer - My proposal was made in Iowa in my first campaign speech in February where I outlined a one percent per annum reduction in federal spending for five consecutive years, driving baseline spending down to 18 percent of GDP.
I proposed putting every program on the table and started with the elimination of the ethanol subsidy (big in Iowa), some $20 billion. Also oil and gas subsidies, unproven energy technology subsidies, and the Department of Energy itself; another $250 billion, if you add housing subsidies and agricultural subsidies.
I proposed tax reform as a separate operation designed to foster growth by very low marginal rates with the elimination of all loopholes, deductions, and exemptions bringing corporate rates to 15 percent and individual rates lower than that up to $125,000 of income.