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Old 10-12-2015, 10:36 AM
 
Location: cary, nc
609 posts, read 503,182 times
Reputation: 670

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Very fascinating article by the NY times about who is trying to buy the White House.


They are overwhelmingly white, rich, older and male, in a nation that is being remade by the young, by women, and by black and brown voters. Across a sprawling country, they reside in an archipelago of wealth, exclusive neighborhoods dotting a handful of cities and towns. And in an economy that has minted billionaires in a dizzying array of industries, most made their fortunes in just two: finance and energy.

Now they are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.


Read for yourself.
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Old 10-12-2015, 10:39 AM
 
41,111 posts, read 25,591,587 times
Reputation: 13868
They should have just bought a lot more people Obamaphones. It would be much cheaper.
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Old 10-12-2015, 10:53 AM
 
18,986 posts, read 9,001,592 times
Reputation: 14688
Quote:
Originally Posted by henriInCary View Post
Very fascinating article by the NY times about who is trying to buy the White House.


They are overwhelmingly white, rich, older and male, in a nation that is being remade by the young, by women, and by black and brown voters. Across a sprawling country, they reside in an archipelago of wealth, exclusive neighborhoods dotting a handful of cities and towns. And in an economy that has minted billionaires in a dizzying array of industries, most made their fortunes in just two: finance and energy.

Now they are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.


Read for yourself.
Yep, our bought and paid for oligarchy. This is exactly why Citizen's United has to go. But who will champion that cause in a government that is bought and paid for by the plutocrats?
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Old 10-12-2015, 11:01 AM
 
79,902 posts, read 43,911,701 times
Reputation: 17184
All this money is great for the economy. Hopefully it puts a few people to work.
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Old 10-12-2015, 02:54 PM
 
1,069 posts, read 1,042,634 times
Reputation: 748
Quote:
Originally Posted by pknopp View Post
All this money is great for the economy. Hopefully it puts a few people to work.
You're joking right, this is money is TERRIBLE for the economy and puts VERY few to work....
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Old 10-12-2015, 02:55 PM
 
52,433 posts, read 26,411,344 times
Reputation: 21092
Quote:
Originally Posted by pknopp View Post
All this money is great for the economy. Hopefully it puts a few people to work.
It's everything that is wrong with our economy.
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Old 10-12-2015, 03:13 PM
 
77,799 posts, read 59,953,151 times
Reputation: 49180
Makes me want to vote for Bernie Sanders......
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Old 10-12-2015, 03:24 PM
 
Location: By the sea, by the sea, by the beautiful sea
68,281 posts, read 54,060,469 times
Reputation: 40571
Quote:
Originally Posted by petch751 View Post
They should have just bought a lot more people Obamaphones. It would be much cheaper.
It would be much more factual if you referred to them as Reaganphones in honor of the originator of the Lifeline program he started, eh?
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Old 10-12-2015, 05:22 PM
 
Location: Virginia
6,211 posts, read 3,569,509 times
Reputation: 8938
I wish every American eligible to vote could see this, including the map of family clusters that shows our political choices are basically underwritten by billionaires mostly from NYC, LA, Palm Beach, and San Francisco. And the media marvels at the popularity of Trump and Sanders.
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Old 10-12-2015, 07:04 PM
 
Location: cary, nc
609 posts, read 503,182 times
Reputation: 670
Bernie Sanders will talk about it during the debate. I wonder if Hillary will address it also ...
Every American who cares about this country should seriously think about the issue of money in politics. I don't think it is a Democratic or Republican issue. It is simply an issue of whether we are living in a country where we want: One Person One vote or One Dollar One Vote.

Quote:
Originally Posted by Kaphawoman View Post
I wish every American eligible to vote could see this, including the map of family clusters that shows our political choices are basically underwritten by billionaires mostly from NYC, LA, Palm Beach, and San Francisco. And the media marvels at the popularity of Trump and Sanders.
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