The idea in this country has been that the citizens get to choose who will be their leaders through the election process, and that we’ve had the goal of one person, one vote — with a few notable glitches here and there — for a while now. It shouldn’t matter if you have a huge fortune or can barely scrape by; as long as you meet the basic constitutional requirements, you’ve got the right to vote.
Yeah, well, given the recent news from Florida and the Supreme Court via Citizens United, that idea is pretty much shot to hell.
Newt Gingrich benefactor billionaire Sheldon Adelson and his wife Miriam have contributed $10 million to Mitt Romney’s super PAC Restore Our Future and now Forbes reports that the couple is willing to spend a “limitless” amount or more than $100 million to help defeat President Obama in November. And while $100 million sounds like a lot, the donation is just a drop in the bucket for the casino mogul. Adelson’s $10 million donation to Romney is “equivalent to $40 for an American family with a net worth of $100,000,” while his $100 million goal “constitutes the same percentage of Adelson’s wealth that $300 to $400 does for normal Americans.” Forbes estimates Adelson’s worth at $24.9 billion.
With that much money, why doesn’t he just go out and buy his own country? I hear Greece is on the market.