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US elections: no matter who you vote for, money always wins
Key Excerpts from Article on Website of The Guardian (One of the UK's leading newspapers)
Posted: February 7th, 2012
http://www.guardian.co.uk/commentisfree/cifamerica/2012/jan/...
The truly decisive element [in Republican presidential debates] has been ... money. Lots of it. This is not new. But since a 2010 supreme court ruling allowing unlimited campaign contributions by corporations and unions, it has become particularly acute. Moreover, the contributors can remain anonymous. The organisations that are taking advantage of this new law are known as Super Pacs. In 2008 election spending doubled compared with 2004. This year industry analysts believe the money spent just on television ads is set to leap by almost 80% compared with four years ago. Money in American politics was already an elephant in the room. Now the supreme court has given it a laxative, taken away the shovel, and asked us to ignore both the sight and the stench. This is not a partisan point. Almost two-thirds of Americans believe the government should limit individual contributions with a majority among Republicans, Democrats and independents. The trend towards oligarchy in the polity is already clear. There are 250 millionaires in Congress. As a whole, the polity's median net worth is $891,506, nine times the typical US household. The influence of money at this level corrupts an entire political culture and in no small part explains the depth of cynicism, alienation and mistrust Americans now have for their politicians.
Note: For lots more from reliable sources on the control of the US electoral system by corporate money, click here.
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