Wall Street’s Third Party

kristy SRI/ESG News, Global Citizen

We at Ethical Markets share the American Prospect’s warning about this group, Americans Elect, which is parading as a democratic new form of digital democracy, but in reality is backed by secretive high-rollers in finance who have raise over $22 million to push their “faux progressive” platform. Hazel Henderson, Editor

Wall Street’s Third Party

Harold Meyerson

February 9, 2012

Will Americans Elect upend the presidential election?
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(AP Photo/Charles Rex Arbogast, File)

This November, when Barack Obama faces off against his Republican opponent, there will be a third candidate in the race, too. This candidate has already qualified for the ballot in 14 states, including California. The campaign to ensure the candidate’s ballot access in all 50 states has raised $22 million (more than the campaigns of every Republican presidential candidate except Mitt Romney), with which it has employed 3,000 paid signature gatherers and enlisted 3,000 volunteers.

This third candidate probably doesn’t have to do all that well to affect the outcome of the presidential election. Most polling shows that the general election will be close, both nationally and in a number of swing states. It takes no great imaginative leap to envision a scenario in which this third candidate tips a key state to Obama or his GOP opponent, much as Ralph Nader tipped Florida to George W. Bush in 2000.

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