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The Role of Money in Elections

In recent times money has been making a huge presence in  government elections. The presence and influence of money in elections makes everything a bit more complex, and corrupt. These days a candidate cannot exclusively focus on editing and perfecting his political ideology. The candidate now has to host political parties and fundraisers to attain more capital. Raising money has become a key component to elections and must be done if the candidate wants to win. Media corporations will not publicize a candidate with very little money. Consequently, the candidate’s political philosophy will not be well known to the public. Money’s presence overcomplicates and corrupts elections.

In the 2012 election both parties combined made a total of 2.38 billion dollars. “A big chunk of this money came from the uber wealthy.(wall street journal)” “149 super rich donors gave 500,000 or more, contributing 280 million to the funds raised so far.(wall street journal)” The upper class in America is getting more involved financially than ever with the elections. This shows that the Imagesuper rich are trying to muster up some type of influence in the white house. They are using their financial wealth and power to insert themselves into political decision-making. The super rich aren’t the only ones that are doing this. PACs (political action committees) are organizations that campaign for or against certain candidates. These PAC’s are allowed to give as much money as they want to the political party of their choice.  PACs are the “wildcards” of elections. A total of 266 PACs spent over 546 million on the candidates of their choice.  The reasoning behind giving this much money is to somehow have influence over the candidate that gets elected. The large spending from certain corporations, individuals, and committees goes back to the 2010 Supreme Court ruling. In 2010 the Supreme Court ruled that “ corporations and unions have the right to political speech and their contributions can’t be limited.” In the current time frame, politics is being corrupted by wealth and power. This is not only what are founding fathers did not want but it is severely unfair for the lower class. Money is severely corrupting, and altering the election process.

ImageUnfortunately, money plays a huge role in these government elections. In past years we have tried to suppress the power money has over politics with laws like the federal election campaign act. The campaign act eventually got repealed because it violated the 1st amendment. Money has become a terrible distraction for the government. It has suppressed the importance of the candidate’s political views. Money and power have been a vicious virus that has infected the elections.

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