U.S. 'Democracy' Is a Sham: Opinion
This in itself is highly revealing. What election "coverage" in the U.S. is now really all about is showing those who are stuffing money into campaign coffers whether they are getting their money's worth, as evidenced by the poll results. This begs the question: Who is stuffing these $billions into the bribe-receptacles of the two political parties? Simply put: the billionaires.
This is the other disturbing reason why the media provide as much coverage to the funding derby as to the actual political campaign itself: In the U.S. the candidate with the most money wins the vast majority of the time. With the U.S. having the most lax rules for campaign contributions in the Western world, the ultra-wealthy can funnel as much money as they want to the candidate of their choice.
The reality that U.S. elections are now nothing but money competitions between billionaires is now out in the open. When the shadowy financial oligarchs (with Wall Street as their front) were stuffing their money into Barack Obama's war-chest and were well on their way to (literally) buying his re-election, the "Billionaires For Romney" emerged.
As their Big Money rose to the same level as the Obama Big Money, suddenly an election that at first seemed like nothing more than a coronation turned into a horse race.This is a "democracy"? Even more disgraceful is what these political shills for both parties do once they are elected. Republican George W. Bush promised to bring "conservative values" back to America. He more than doubled the U.S. national debt in eight years, and ended his term in office with the largest single orgy of corporate welfare in history: the Wall Street bail-out/hand-outs. Democrat Barack Obama promised ordinary Americans "change." The only "change" he produced was what he stole out of their pockets. Not only did Obama continue Bush's "hands off" policies toward Wall Street, not only did he continue the Bush tax cuts (the largest tax-windfall for the rich in history), but the gap between rich and poor has rapidly accelerated during the Obama betrayal.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV