Ever wonder how politicians acquire funds and resources to blast out massive media campaigns? The millions of dollars spent on TV and radio campaigns doesn’t come from the pockets of fellow Americans. The bulk of the money comes from the same people found in the top 1 percent income bracket. They are spending millions of dollars to support a cause or candidates that support the policies that made them rich by putting American workers into poverty. It’s the latest trend during political campaigns and it’s called dark money.
Tag Archives: Politics
Last week, the Supreme Court issued yet another disastrous ruling. This time the case was McCutcheon v. FEC, and the Court removed one of the few remaining barriers to complete control of our democracy by millionaires and billionaires. Combined with Citizens United, McCutcheon will ensure that the richest Americans can spend unlimited sums to influence our elections and our government.
After World War II, America was on the rise. The Axis powers of Germany, Italy and Japan were defeated. It was time to rebuild. To tighten ties with our allies and help rebuild Europe, new global organizations were created to unite against the perceived next threat to democracy: communism. Thus were the Bretton Woods institutions, the World Bank and the International Monetary Fund, born.
With the upcoming midterm Congressional elections this year candidates are expected to raise millions of dollars in order to get elected. In the 2012 election cycle millions of dollars were spent by outside groups supporting candidates. Much of this outside spending would not have been possible if it had not been for the Citizens United ruling.