According to this report, the United States was founded as a constitutional republic to prevent what one of its Founders, Thomas Jefferson, described as “elective despotism” in order to prevent a political system of unbridled democracy in which the majority enjoys absolute power by means of democratic elections which could vote to impose tyranny on themselves and the minority opposition.
As ordered by their founding documents, this report continues, the United States created their constitutional republic so that the powers of government could be so divided and balanced among several bodies of magistracy that no one could transcend their legal limits without being effectually checked and restrained by the others.
What this past week’s US election shows, however, the MoFA in this report says, are that all of the Republican and Democratic Party candidates for office (Federal and State) were funded by just forty-two people who were responsible for nearly a third of Super PAC monies raised, and only 666,773 wealthy individuals out of a nation having a population of over 319 million.
Super PAC’s, this report notes, are a new kind of American political action committee created in July 2010 following the outcome of a US Federal Court case known as SpeechNow.org v. Federal Election Commission which allows the American elite classes to raise unlimited sums of money from corporations, unions, associations and individuals, then spend unlimited sums to overtly advocate for or against political candidates—which in this past weeks election totaled over $3.7 billion, the most expensive in their nations history.
With the US having over 492 billionaires (85 of whom have more money combined than the lowest 3.5 billion of the poorest peoples on Earth), this report further states, the “normal constraint” the people of America would have to put upon their government has been effectively destroyed and now resides in the hands of their Oligarchy alone.