Just 50 people have funneled $1.5B into 2024 campaigns: report
Just 50 people have funneled $1.5B into 2024 campaigns: report
A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.Overall, this group of billionaires skews toward former President Donald Trump and the Republican Party — although there are Democratic megadonors...
cross-posted from: https://lemmy.zip/post/21661331
A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.
Fuck Citizens United.
"All animals are equal, but some animals are more equal than others."
I'm probably butchering this one, but: "The law is equal as it is illegal for both a poor man and a rich man to sleep under a bridge."
Their votes are worth more than yours.
Their "free speech" is more powerful because it is neither free nor speech but receives those very protections because of a fucking corrupt right wing SCOTUS decision
Imaging putting all that money into something useful like against the climate crisis.
Imagine the return on investment.
a sustainable planet on which you can continue to exploit the workforce and customers, a capitalistic dream!
The "victory funds" that Hillary started, Biden continued, and then handed of to Kamala means the legal limit went from 2.5k a person to close to a million.
Because of the loopholes that's used to accomplish that, it also means state parties are drastically underfunded.
And republicans aren't going to just sit there and not do it too, it's likely why trump put his daughter in law in charge of the RNC purse strings.
Neither party wants to change it. Because they both like money and it's easier to get a million from a billionaire than 2.5k from 400 regular Americans, and that's not getting into how "regular Americans" can't afford 2.5k in the first place
If you still didnt understand why both parties cater to the rich, this is why it's gotten even worse since 2016 when Hillary devised this bullshit.
https://www.politico.com/magazine/story/2017/11/02/clinton-brazile-hacks-2016-215774/
This all goes back to citizens united and giving rights to entities that only exist on paper.
United States of Aristocracy.
This seems fair.
/s
Kinda puts my $25 into perspective.
Yes and no. Before Howard Dean, people thought their $25 was important for them but otherwise didn't do much. He showed that enough $25 is the same as huge donations. We really hadn't seen crowdfunding in politics before that.
Which is why President Dean beat GWB.
Can donating to campaigns be considered gambling?
I know it's a stretch, but if that could be argued, then there may be a possible lawsuit to be brought to court about funding campaigns across state lines.
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