34 online
 
Most Popular Choices
Share on Facebook 45 Printer Friendly Page More Sharing
OpEdNews Op Eds    H2'ed 10/9/20

The fundamental issue going unaddressed in this country, an electoral system corrupted by big moneyed interests

By       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.   13 comments
Message Dave Lefcourt
Become a Fan
  (21 fans)

Our bloated defense spending is unnecessary yet with defense contractors facilities in all 50 states providing jobs there's no way the politicos in those states are going to challenge the spending providing those jobs.

The fundamental issue that needs to be addressed in this country is an electoral system corrupted by big moneyed interests. Whether in local, state and federal elections the corruption of candidates by those interests Is the standard of "pay to play".

For sure there are a few office holders that have forsaken the corporate underwriting of their campaigns and gotten elected. But particularly on the state and federal level they are few in numbers and have no power to get legislation enacted to benefit the peoples interests.

The people whether the right, left or in the middle recognize the country is off track yet are so fractured in their positions it's hard to imagine them agreeing on anything.

Is there a unifying theme that can unite them? People know instinctively money corrupts. Is it by accident casino magnate Sheldon Adelson who contributed millions to Trump's campaign coffers is invited to the White House?

How about Goldman Sachs being fined $millions for suspect financial transactions during the financial meltdown in 2008 yet made $billions before the bubble bursted. Of course Goldman wasn't the only big bank culpable for its skullduggery in helping create the sub-prime mortgage crisis as all the big banks weren't held accountable got bailed out and no one went to jail.

Obama during his presidential primary campaign in 2008 got mostly small donations. However his presidential campaign was mostly underwritten by Wall Street banks. Could it be those banks got off scot free after he was elected?

Congress after some initial misgivings approved the $700+ billion bailout of the banks revealing this was a bi-partisan exercise, except a few members not beholden to them.

The big banks behavior should have riled those on the left as well as the right. It didn't happen.

Why the "ancient" history you may ask? Well with all the current uproar over Trump by the Dems and them giving Obama a pass. It's as if he was not corrupted by big moneyed interests. It's Dems not wanting to reveal his culpability.

It's both major parties with those in office having been corrupted by the interests they "serve".

My hypothesis: Force all to resign en masse. Then have all those running for office make a pledge not to accept any big moneyed contributions. Once elected enact legislation banning big moneyed contributions in the electoral process.

If that happened then there's a chance to begin solving the other major problems and issues we face. That won't happen as long as our current electoral process remains in place and the current crowd of miscreants continue doing their daily misdeeds.

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Well Said 2   Must Read 1   Valuable 1  
Rate It | View Ratings

Dave Lefcourt Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Retired. The author of "DECEIT AND EXCESS IN AMERICA, HOW THE MONEYED INTERESTS HAVE STOLEN AMERICA AND HOW WE CAN GET IT BACK", Authorhouse, 2009
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

An Ominous Foreboding, Israel vs Iran

The Evolving Populist Political Rebellion in the Arab World

A Nuclear War Would Be Insane

The Rich Get Richer, the Poor Get Poorer, While the Middle Class Gets Decimated

CIA in the Crosshairs

Iran Offers 9 Point Plan to end Nuclear Crisis, U.S. "No thanks".

To View Comments or Join the Conversation:

Tell A Friend