Dollarocracy: How the Money and Media Election Complex is by Robert W. McChesney, John Nichols

By Robert W. McChesney, John Nichols

Clean from the 1st $10 billion election crusade, award-winning authors exhibit how unbridled crusade spending defines our politics and, failing a dramatic intervention, signs the tip of our democracy

Blending brilliant reporting from the 2012 crusade path and deep viewpoint from many years overlaying American and foreign media and politics, political journalist John Nichols and media critic Robert W. McChesney clarify how US elections have gotten managed, predictable businesses which are controlled by way of a brand new category of experts who wield hundreds of thousands of greenbacks and outline our politics as by no means earlier than. because the cash will get bigger—especially after the voters United ruling—and journalism, a middle cost and stability at the govt, declines, americans are at risk of turning into much less trained and extra open to manipulation. With groundbreaking behind-the-scenes reporting and fantastic new examine on “the cash power,” Dollarocracy exhibits that this new energy doesn't simply endanger electoral politics; it's a problem to the DNA of yankee democracy itself.

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The concealment or disguise of the true nature, source, location, disposition, movement, rights with respect to, or ownership of property derived from criminal offences. 3. The acquisition, possession or use of property derived from criminal offences. Just as many different types of criminal offences that are carefully defined in law come to carry a convenient name tag (human trafficking or piracy being two such examples), so the conduct that the UN Convention sought to prohibit came to be labelled as ‘money laundering’.

Many of the same jurisdictions apply a very light touch authorisation process to funds that are essentially self-certified by local fund sponsors. In certain properly risk-assessed scenarios, this can be viewed as sensible, pragmatic regulation, but there is always also a danger that toxic individuals will sneak under the radar and come to enjoy all of the benefits of controlling an investment fund. When that happens, they deflect attention by taking on the guise of institutions. Whether they allow bearer securities.

Therefore, the bodies involved in policing, monitoring, regulating, prosecuting, and sanctioning outside of the UK and US will only be referenced in passing. The sprawling nature of investigations in the UK and US alone are in part due to the involvement of a substantial number of regulatory and legal authorities, with files doing the rounds, and separate but related probes splintering off throughout the process. Investigations can take years, cross borders, and involve the review of millions of documents.

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