Money Curropts Essay

707 words - 3 pages

I feel that the checks and balances not sufficient enough to keep the power elites, of this great country under strict regulation. The elite of America have been here since the start. Since the establishment of the United States in 1776 those who have the money, have the power. George Washington was one of the largest landowners of his time. This theme stays true all the way to George Bush who had ties into the oil and natural resource business. I felt because of the lack of competing countries on the same continent, no controlling church and no big military to threaten the government which fostered a nation based on economic rule in America.
A mechanism which I felt corporations use to ...view middle of the document...

A political action committee is a separate entity that is funded by corporations and unions. These committees can contribute a lump sum of money to political candidates. The amount of money the PACs can have is unlimited but as stated before they can only give a certain amount each voting cycle. These were created so that big corporations wouldn’t be directly linked to the political candidate. Each corporation can create their own PAC and even donate to other PACs that represent their interests. Thus creating a system in which the government instead of putting restriction on the power elite they set up a way of legitimizing their influence.
I chose to disagree because the government politicians are in a way controlled by big corporations. The amount of money that the power elite invest into politicians it is ridiculous to not think they have hidden agendas. Many politicians have ties to the power elite and big conglomerates. As stated before George Bush had connections to the oil industry which made him favor more towards...

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