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  Newt Gingrich: Elections rigged for the rich
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ContributorHomegrown Democrat 
Last EditedHomegrown Democrat  Jun 13, 2012 06:08pm
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AuthorMACKENZIE WEINGER
News DateTuesday, June 12, 2012 11:45:00 PM UTC0:0
DescriptionNewt Gingrich said Tuesday that elections are “rigged, frankly, in favor of the wealthy.”

“It is very difficult in America today,” he told MSNBC’s Al Sharpton. “If you look at New York where Mayor Bloomberg spent an extraordinary amount of personal money to buy the mayor’s office for the third time. It is fairly hard to compete with a billionaire if — if they get to spend all the money they want and the middle-class candidate’s raising money in $2,500 units. So I think the current system is rigged, frankly, in favor of the wealthy.”

Gingrich added that election laws “ought to be reformed by saying any American can give any amount of after-tax personal income to the candidate as long as they report it every night on the internet. If you had that kind of a system you would have less negative attack ads because the candidates just simply wouldn’t do it. You would have more accountability and middle-class candidates could balance off rich candidates.”
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