Barack Obama: Slow Money in Politics

Posted by admin on Wednesday, January 13, 2016

Barack Obama Money Quotation saying corrupting influence of money in politics allows a few rich families to buy elections. Barack Obama said:
 
We have to reduce the influence of money in our politics, so that a handful of families and hidden interests can’t bankroll our elections — and if our existing approach to campaign finance can’t pass muster in the courts, we need to work together to find a real solution Quote
 

“We have to reduce the influence of money in our politics, so that a handful of families and hidden interests can’t bankroll our elections — and if our existing approach to campaign finance can’t pass muster in the courts, we need to work together to find a real solution” — Barack Obama

 

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In this quote, Barack Obama is advocating for campaign finance reform in the United States political system. He argues that the “influence of money in our politics” needs to be reduced, since currently a small number of wealthy families and special interests are able to heavily fund elections through large political donations.

Obama acknowledges that the existing rules have been challenged in courts and may not be legally sufficient. So he calls for politicians and citizens to work collaboratively on finding “a real solution” through new approaches, likely referring to alternatives that could pass constitutional muster.

The overall message conveys Obama’s view that campaign financing presents a challenge for democracy and that concerted action is needed to curb the outsized sway that large financial contributions give to a small donor class over the political process.

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