Comment Text:
It will be a disaster for our democracy if a Wall Street firm could place a massive bet on election outcomes – then spend millions on Super PACs and disinfo campaigns to try and skew the results.
We already have a major problem when wealthy special interests try to manipulate our elections for financial gain. The last thing we need to be doing is encouraging that behavior even more. Our elections are not a game to be won or lost for financial gain – they’re supposed to be about one person, one vote.
- Allowing this proposal will undermine the integrity of our elections and our democracy.
- Betting on election outcomes will create strong financial incentives for special interests to manipulate and interfere in our elections.
- It will reduce voter confidence, and lead to a perception that election outcomes are not solely determined by voters’ choices, but also by those who bet on election results.
- Allowing this proposal puts personal gain ahead of the public interest, and undermines the principle of one person, one vote – the bedrock of our democracy.
Please say no to legalized election gambling.
