Monday, April 4, 2016

Big Money Dominance Has to Be Controlled

You often hear the term “It takes money to make money”, in recent cases with election spending it can get out of hand and cause a dominance of the election. Robert Wiessman writes for the Huffingtonpost on the topic in his article titled, “Big Money Dominance: It Will Get Worse — Much Worse — Unless We Stop It” where he states that big corperation’s and the super rich have a overwhelming advantage to an election and eighty-four percent of Americans agree. With big corporations being able to have such a great influence on funding elections it completely is a problem and can easily get worse if it is not stopped, when you look at the numbers Robert Wiessman provided in his article, “Cost of 2012 federal elections: $6.3 billion.
Projected cost of 2016 federal elections: $10 billion.
Total net worth of the Forbes 400 richest people in 2015: $2.34 trillion.

2015 profits — profits, not revenue! — of Fortune 500 companies: $945 billion” you can start to see how the major companies and super rich individuals can play a role in funding an election. These numbers are very scary when you think about it, all that money owned by big business companies can be used for better or worse when it comes to campaigning an election, which is why something needs to be done now before it gets worse to put a stop to basically monopolizing our elections.

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