Gore Says Congress Swayed by Political Money Not Voters
Former Vice President Al Gore says American democracy has been “hacked” by the influence of money in politics and that he hopes activist investors will continue to exert influence on corporations globally to act in civically responsible ways.
“The Congress is incapable of doing what the American people want,” Gore said in an interview late yesterday with Willow Bay on Bloomberg Television from the Milken Institute 2013 Global Conference in Los Angeles. “The influence of big money is at extremely unhealthy levels.”
The former Democratic vice president said the result has been that special interests have “way more influence over the decisions of the Congress than the American people do.”
Gore, 65, pointed to legislation to expand background checks for gun purchasers that failed in the Senate last month, even though a CBS/New York Times poll in January showed 90 percent of the U.S. public supports expanding such a system.
“They haven’t been able to regulate these phony-baloney financial derivatives that caused the financial crisis,” he said. “They can’t pass a budget. They can’t keep the country from facing financial danger.”