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Personal wealth is no guarantee of public integrity

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By Ann Tyller | April 6, 2013 10:39 am

Personal wealth is no guarantee of public integrity wich is proved by our election. What may be the reason for candidates to spent millions of his own money to get a job that pays $100,000 or $400,000 a year?

Rich officials may be less susceptible to corruption on the small level, but don’t forget they have their networks of friends, family and colleague. Not all corruption cases are money-oriented.

On top of the problem of corruption rich or superrich such candidates can and did jack up the cost of a race. Our political system’s showed growing dependence on people of means like Mayor Michael Bloomberg. It good corruption-wise, but the orientation of the uber-wealthy makes them different from the 99 percent in important ways.
It a fact that corruption in politics is actually quite rare. About 900 official are prosecuted for corruption by Justice Department each year. This number includes all public employees in all branches and agencies of government, at federal, state and local levels, but only a fraction of these people are elected officials. This means that, in any given year, only a minuscule percentage of the more than 500,000 elected officials in the United States are brought up on charges of corruption.
We need elected officials to put our collective interest above their own.
Mitt Romney, who currently lost to Barack Obama, based his campaign on the fact that he should be entrusted with the nation’s highest office was that he is very, very rich. But that doesn’t bring him an office.
Personal wealth is no guarantee of public integrity or ability to serve in public office which was shown by Mr. Mitt Romney.

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