Whose interests will money-backed US president protect? [People’s Daily]

August 10, 2012

[Excerpted]

As the U.S. presidential election draws near, both presidential candidates are lavishly throwing more money into the race. With total spending on the 2012 presidential and congressional races estimated to reach a record 5.8 billion U.S. dollars, people cannot help wondering whose interests a money-backed president will protect during the recession.

Republican presidential candidate Mitt Romney collected over 101 million U.S. dollars in July, more than the fund raised by President Obama for a third straight month, the Washington Post reported on Aug. 7….

…Fundraising determines the fate of a presidential candidate and a successful candidate exerts great influences on U.S. policies. Therefore, a president is most likely to place the interests of contributors above those of ordinary people.

Read the Chinese version: 钱砸出来的美国总统, source: People’s Daily Overseas Edition, author: Wang Piyi

Complete English article here

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