Passionate About India: If you thought India has a problem with election f...:
Unlike in India, where election funding is mostly clandestine and is funded primarily with black money, the US electoral system has been legally endowed with formal procedures to direct cash flows into the system, especially for election campaigns. On hindsight, it might appear that therefore, the elections held in the US would be quite transparent and money would play a moderate role in deciding the final winner. Unfortunately, the fact is that irrespective of how transparent the election process might be, money power is quintessential for any political party or any Presidential candidate to perform well in the elections – that in itself undermines the true essence of democracy! Today, the underlined fact is that globally, it is money that makes one win the elections, (and this has been proved through various studies). Period!
Read more: http://arindamchaudhuri.blogspot.in/2012/03/if-you-thought-india-has-problem-with.html
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