Nicko Margolies from the Sunlight Foundation sez, "A new analysis prepared by the Sunlight Foundation shows that wealthy financial sector donors gave $178.2 million in political contributions in 2010, more than ten times what they gave 20 years ago. More than any other industry, individuals from the finance, insurance and real estate (FIRE) sector, particularly those in securities and investments, are the key drivers of the overall growth of elite donors, or what Sunlight calls The Political One Percent of the One Percent.
"An analysis of campaign contribution records by the Sunlight Foundation reveals that the number of donors in the FIRE sector giving at least $10,000 (in 2010 dollars) per election cycle to political candidates, parties and independent expenditure groups increased from 1,091 in 1990 to 5,510 in 2010 (a 405% increase). Combined contributions of these elite donors increased even more dramatically, growing by $162.8 million (a 700% increase, controlling for inflation). This project builds on the Political 1% of the 1% that was featured on Boing Boing in December."
On FIRE: How the Finance, Insurance and Real Estate Sector Drove the Growth of the Political One Percent of the One Percent
“To the world leaders and those in power, I would like to say that you have not seen anything yet. You have not seen the last of us, we can assure you that. And that is the message that we will bring to the World Economic Forum in Davos next week.” In the Swiss city […]
Former Vice President and current 2020 Democratic presidential hopeful Joe Biden says U.S. Section 230 should be immediately revoked for Facebook and other social media platforms, and that Mark Zuckerberg should be submitted to civil liability.
Ukraine is asking United States FBI to help it investigate a suspected state-sponsored hack by the Russian military on Burisma, the Ukrainian energy company at the center of the impeachment of U.S. President Donald Trump.
The latest iPhone cameras are undeniably impressive, but they’re still no match for a professional camera when it comes to taking clear, wide-angle shots. These six accessories will transform your iPhone into a pro-level camera in seconds, thanks to powerful and easy-to-attach lenses. 1. Lemuro 18MM iPhone Wide Lens MSRP: $100 | Sale Price: $80 […]
Few things in life are more universally dreaded than going to the gym, which is unfortunate since a new year usually means making new resolutions to get in shape. Thankfully, this BodyBoss 2.0: Portable Home Gym has everything you need to burn fat and build muscle in the comfort of your own home. With just […]
If one of your New Year’s resolutions is to travel more, you owe it to yourself to learn the language of the place you’re visiting. If you’re not sure where to start, give these resources a look. From mobile apps to online courses, these products can get you conversant in a new language before you […]