July 13, 2010

Derive Politics post: Private Sector Leadership

Yet another post on my other site about politics, entitled Private Leadership. An excerpt:

"An election year that also happens to be a recession year tends to depress the amount of money in politics. People who normally would donate money to campaigns goes towards necessities as incomes shrink. This can pose a problem: campaigns still require the same amount of money, but there is just less money available. As we've seen, the market's solution to this problem has been to let the rich run. Thanks to recent Supreme Court decisions that have allowed individuals to spend as much of their personal money as they want, rich candidates find themselves at a distinct advantage in this election cycle. In California, Connecticut, and Florida, rich candidates are in a much better position to win both the nominations of their parties and the elections in general."


Read more here.

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