With the Citizens United ruling, the Supreme Court turned money into a form of political speech, paving the way for enormous influxes of cash from the American ultra-elite one-percent-of-one-percent, and, to a lesser extent, organized labor (money given to the GOP by big business dwarfs labor's contribution to the Dems by a factor of about 2.5). The extent to which this has distorted American politics is only now becoming apparent, as statistics about SuperPACs and their "donations" are gathered and published. In this Salon report, Justin Elliott publishes some eye-opening figures about the new political reality in money-as-speech America.
Especially concerning: 80 percent of the money sloshing around in America's SuperPACs' warchests came from just 58 donors.
The Super PACs are not paragons of transparency, but what has been disclosed gives a sense of where the money is coming from and the interests of those giving it. Based on the donors and the origins of these groups, we can already discern what messages the Super PACs will generate in the home stretch of the campaign.
Red money, blue money: The making of the 2012 campaign
A Reuters/Ipsos poll found that more than 50% of U.S. voters believe the system that American political parties use to select their candidates for President is “rigged.” Over two-thirds of those polled want to see the process changed.
Republican presidential candidate Ted Cruz, embarking on a new phase of his campaign after it became impossible to beat Donald Trump in the first round of voting at this summer’s Republican convention, is to name Carly Fiorina as his running mate.
A Harvard University survey found that among adults between 18 and 29 years of age, 51 percent “do not support capitalism.” 42 support it, reports The Washington Post. A third say they support socialism as an alternative. The survey is “difficult to interpret” due to the simplicity of choices and their lack of definition, say […]
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