“Billionaires and Wall Street should not be buying elections. We’ve got to end this rigged economy where people are working longer hours for low wages, almost all new income and wealth going to the top 1 percent” Bernie Sanders stated in a Democratic Debate on March 9.
In the 1990s, Wall Street got deregulated and guess who was the cause. Wall Street spent billions of dollars on lobbying and campaign donations for this to happen. Furthermore, most Republicans do not recognize global warming is caused by human activities. Why? The Koch brothers, ExxonMobil, and other fossil fuel companies pour huge amounts of money into the political system. These people are undermining American democracy and it is allowing Congress to represent wealthy campaign contributors and not working families.The billionaires should not be able to have it all. They have corrupted the political system, manipulating their constituents to benefit themselves.
The billionaires should not be able to have it all. They have corrupted the political system, manipulating their constituents to benefit themselves, and in return have cost the taxpayers and normal people millions and billions of dollars for their “flaws” in ideology.
Furthermore, Bernie Sanders has called the Citizens United v Federal Election Commission Supreme Court ruling, “an absolute disaster.” Not only did the independent Vermont Senator speak out against the decision, but then-President Barack Obama said that it would “open the floodgates for special interests…to spend without limit in our elections.” The ruling allows for the fossil fuel industry to “pour unlimited amounts of money into the political system without having to disclose how much they’ve given or whom they’ve given it to,” Sanders said.
Now, it doesn’t take a genius to know that this is undemocratic. Bernie Sanders’ campaign raised almost $230 million on an average donation of about $27 without the help of a super PAC raising tens of millions of dollars. This is democracy at work. This is grassroots organization. This is Our Revolution.
It is morally wrong on so many levels that the Koch brothers and many other millionaires and billionaires are able to influence politics so drastically that policies are developed to protect them at the expense of the public. These rich people should not be involved in politics and when they are, the rules that apply to the general public should apply to them as well.
The fossil fuel industry and big money interests have been able to influence politics for a while, and it must stop now. If we really care about the environment or lessening income and wealth inequality, there must be real campaign finance reform fast, or else there will be devastating economic and social consequences.