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
In the runup to the Brexit vote, the “Leave” campaign repeatedly argued that the National Health Service could receive £350m/week in funds diverted from the money supposedly remitted by the UK to the EU (in reality, that number is radioactively false).
Bernie Sanders told MSNBC’s Morning Joe that he will vote for Hillary Clinton, because “I’m gonna do everything I can to defeat Donald Trump.”
Three years ago, the Supreme Court gutted the Voting Rights Act, a 50-year-old piece of civil rights legislation that ended the Jim Crow practices of poll taxes and other restrictions that disproportionately denied people of color and poor people the right to vote.
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