4.03.2014

Campaign Finance

This ruling won't make any difference.  Only 1,219 donors out of about 120 million voters, came close to the previous limit. Political donations are a rich man's game and far, far, beyond the ability of the voters.

Donors freed by McCutcheon decision: Mostly wealthy, white men | Al Jazeera America:

According to an analysis by good governance group Public Campaign last October, a small group of 1,219 donors came close to surpassing the aggregate limits in place in the 2012 election cycle, contributing at least $105,300 to candidates, party committees, and PACs. 
These super-donors — those who are now freed to open their wallets even more to as many candidates, party committees and political action committees they deem worthy — include conservative billionaires David and Charles Koch, director Steven Spielberg and banking titan Charles Schwab. 
Only a quarter of these donors were women, according to the analysis. Almost half of them lived in the richest one percent of neighborhoods, as calculated by per capita income. Fewer than one-in-50 lived in a majority African-American or Hispanic neighborhood, as compared to one-in-six of the general population. And 28 percent of them worked for Wall Street or had roots in the financial sector. 
 “These elite donors stand apart from the rest of America; they are overwhelmingly wealthy, white, and male,” the report read.

Also,  [Gin And Tacos]


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