Posts tagged big money

Posts tagged big money
Sen. Elizabeth Warren (D-Mass.): “too many of the people in Washington do not represent the folks who elected them. They represent the rich and the powerful.”
A must-read on the Supreme Court, Citizens United, and corruption of the legislative process in Washington:
How the flood of money released by Citizens United v. Federal Election Commission has changed elections has been the subject of much discussion, but the decision’s role in allowing that same money to soak the legislative process has largely gone unreported.
Sure, we wish the member of Congress would put his name to this Vox piece, “Confessions of a Congressman,” but it’s still good to see this self-awareness from an elected official (and a little depressing).
Watch Rep. Derek Kilmer (D-Wash.) explain his bill to rollback the dramatic increase in contribution limits for political parties that was snuck into the spending bill passed in December.
Ninety percent of campaign contributions in 2012 came from white Americans
Might that impact the policy our elected officials care about?
Three of the country’s wealthiest political contributors each saw their net worth grow in 2014 by more than $3.7 billion, the entire cost of the midterm elections.
“The 100 biggest campaign donors gave $323 million in 2014 — almost as much as the $356 million given by the estimated 4.75 million people who gave $200 or less, a POLITICO analysis of campaign finance filings found.” (Politico)