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Saturday, December 19, 2015

Government For Sale: How the 2016 Elections Are Bought!

According to the New York Times, 2016 candidates have accepted more than $262.4 million from outside donations -- i.e. Super PACs that are not subjected to campaign limits.  So far, both republican and democratic candidates have accepted at least $277.8 million in unlimited donations compared to 2012, when the candidates only accepted $15.4 million.

 But how do these Super PACs work?

 Koch Bros $889 million budget for 2016

In yet anther "politically driven" and idiotic decision by the Supreme Court, you can now, once again, buy your favorite Senator.   In 5-4 decision the Supreme Court strikes down political donation limits.

 "The Supreme Court majority continued on its march to destroy the nation's campaign finance laws, which were enacted to prevent corruption and protect the integrity of our democracy," said Democracy 21 president Fred Wertheimer, a longtime advocate for election money reforms. "The court re-created the system of legalized bribery today that existed during the Watergate days."

Right after the decision, bribery premiums for your favorite Senator or Congressman surged 100%. 

Yep, we are moving in the right direction. 

http://www.investwithalex.com/the-us-government-is-for-sale-again/

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