America: Get Ready for Big Money in Presidential Politics
"The big money in U.S. presidential politics is about to get a whole lot bigger," ran the lead sentence of the article in April 14 issue of The Global Edition of The New York Times.
Both Obama and Romney are gearing up for serious fund raising campaigns, each fund raising event to garner a million dollars or more. When the dust finally settles and the next president is elected, the total amount spent on this political campaign will exceed $2 billion, perhaps even $3 billion depending who is doing the counting and what is being included in the tally.
So, in this exercise of sham-o-cracy, which is more important, your vote or your checkbook?
Is this the model of democracy, proudly made in America, that other nations should aspire to?
George came to the U.S. as a child from China, grew up in Seattle and educated at MIT, Stevens Institute and Santa Clara Univ.
Dr. Koo has recently retired from a world leading advisory services firm where he advised clients on their China strategies and business operations. He is founder and former managing director of International Strategic Alliances.
He is a member of the board of directors of Las Vegas Sands and New America Media.
Dr. Koo is a frequent speaker in various public forums on China and U.S. China bilateral relations. He writes for Pacific News Service (New America Media) on issues relating to Chinese Americans and to U.S.-China relations.
He is a member of Committee of 100 and Pacific Council for International Policy.