"Just how deeply have America’s super-rich come to dominate our - TopicsExpress



          

"Just how deeply have America’s super-rich come to dominate our political process? Bonica and his co-authors offer up a revealing anecdote: Back in 1980, no American gave out more in federal election contributions than Cecil Haden, the owner of a tugboat company. Haden contributed what would, in today’s dollars, amount to about $1.72 million, almost six times more than any other political contributor in 1980. "In the 2012 election cycle, by contrast, just one deep-pocket couple alone, gaming industry giant Sheldon Adelson and his wife Miriam, together shelled out $103.4 million to bend politics in their favored wealth-concentrating direction."
Posted on: Mon, 09 Sep 2013 03:28:03 +0000

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