Many people will have cheered to see President Obama take office for a second term today – especially given the alternative. But once the champagne has gone flat and the confetti is swept away, we're left with the appalling fact that this last election cost an astounding $6bn.
Why is that a big deal? Well, for one thing, because that fortune could certainly have been better spent on much more important things. Here are a few of them:
Plus, having to raise that kind of money to get (and stay) elected has a huge corrupting influence on lawmakers. Exhibit A: disgraced former super-lobbyist Jack Abramoff, now out of jail after serving three and a half years for bribery, details how he passed around millions of dollars to get what he wanted on Capitol Hill.
Elections should not be auctions. If you agree it's past time to boot the corrupting influence of big money out of democracy, sign below and share this with everyone.
Sources: New York Times, Avaaz, 60 Minutes