Monday, October 18, 2010

Campaign Finance Reform - dead horse?

Found this today, after following the $3 billion being spent on this year's elections. So far.

Obama dropped ball on campaign reform - CNN.com

And the Republicans missed their chance too.

Plutocracy - The influence the wealthy minority of the population has over the political arena includes campaign contributions, as well as bribing to achieve corporate objectives (exclusively profit related), refusing to support the government financially by refusing to pay taxes, threatening to move profitable industries elsewhere, and essentially any form of manipulation of the government. It can also be exerted by the owners and ad buyers of media properties which can shape public perception of political issues (see also: fourth estate)." wikipedia

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