US democracy becomes system for 'master of money'
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E-mail Xinhua, May 25, 2012
The U.S. democracy is increasingly being influenced by capitalization and becoming a system for "master of money", said a report on the U.S. human rights record released on Friday.
The Human Rights Record of the United States in 2011 was released by the State Council Information Office of the People's Republic of China in response to the Country Reports on Human Rights Practices for 2011 issued by the U.S. Department of State on Thursday.
As a commentary puts it, money is already an electoral trump for elections in the U.S. political system and the top court has sanctioned that enterprises can use their economic power to support policies and candidates favorable to their businesses, and meanwhile to resist policies and candidates that may harm their commercial interests, the report said.
According to a New York Times report, nearly two thirds of all the contributions that the chairman of the House Financial Services Committee received during the 2010 election cycle came from industries regulated by his committee.
A ranking Democrat Representative on the Agriculture Committee, who served as chairman between 2007 and 2010, saw a 711 percent increase in contributions from groups regulated by his committee and a 274 percent increase in contributions over all, in the same period.
According to a Washington Post report on Aug. 10, 2011, nearly eight in 10 of Americans polled were dissatisfied with the way the political system is working, with 45 percent saying they are very dissatisfied, the report said.
