Sunday, September 07, 2014

THEM$ VERSUS us$

I noted below the extreme disparity in political contributions between "the producers" and the average American and today I found a few more disconcerting numbers.
Election Spending 2012: Post-Election Analysis of Federal Election Commission Data
November 9, 2012

Adam Lioz,Blair Bowie
DEMOS

A new analysis of data through Election Day from the Federal Election Commission (FEC) and other sources by U.S. PIRG and Demos shows how big outside spenders drowned out small contributions in 2012: just 61 large donors to Super PACs giving an average of $4.7 million each matched the $285.2 million in grassroots contributions from more than 1,425,500 small donors to the major party presidential candidates.

In addition, the analysis found that just 132 donors giving at least $1 million were responsible for 60.4% of all the money Super PACs raised in the 2012 cycle. $71.8 million of Super PAC money came from for-profit businesses.

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