Let The $4 Billion Rumpus Begin! (Fun Facts Edition)

Fun facts to know & tell from a Sunday’s New York Times piece about the blurring of the line between presidential candidates and Super PACs that can compile unlimited amounts of cash to promote them:

Early fund-raising suggests that the new groups are relying on a handful of wealthy donors capable of writing five-, six- and even seven-figure checks. According to a study published last week by the Center for Responsive Politics, more than 80 percent of money raised by Republican-leaning Super PACs this year came from just 35 donors.

Democratic-leaning Super PACs relied on an even smaller group, with more than 80 percent of contributions coming from just 23 donors.

Translation: Roughly five-dozen people are driving the political discourse in America right now.

Unfortunately, that doesn’t include any of us.

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6 Responses to Let The $4 Billion Rumpus Begin! (Fun Facts Edition)

  1. Steve Stein says:

    This is a great find. And scary. I hope this story gets much more play.

  2. Curmudgeon says:

    The means for moving the money from the donor to the political arena is new, but is the substance any different?

    Don’t think so.

    • Campaign Outsider says:

      What’s different now is the quantity one individual can donate. You used to have to bundle to put that much dough together. Now it’s from a single source. One voice murmuring in your ear is a lot more powerful than 20.

  3. Bob Gardner says:

    I looked for a list of the 58 names and couldn’t find it.

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