Are the 2022 midterm elections for sale? A handful of billionaires are trying to find out. Two primary super PACs seek to establish Republican majorities in the Senate and House — the Senate Leadership Fund (SLF) and the Congressional Leadership Fund (CLF). Those two groups, which can accept unlimited donations, collectively raised $188.3 million through March 2022. Nearly half of the money, $89.4 million, has come from just 27 billionaires, according to a
Last year people like me, small donors and activists made a difference in the GA run-off elections. I am donating to Blue Senatorial candidates across the US, writing post cards in PA for Fetterman and going to call and text.
I have feelers out to help get the voters out for Marcus Flowers vs MTG on election day in GA.
If every one of us did similar we can win the battle. Billionaires can buy much. But I am not much and they can't buy me.
Citizens United. Another gross injustice by our less than patriotic SCOTUS. Is there anybody here that believes we can ever get rid of this monstrosity? It's the most dangerous threat (other than Trumpy idiots) to our democracy.
And here I thought Ben Bernacke was one of the relatively decent guys, only to learn that he is being well-rewarded as a "senior advisor" at Citadel for whatever role he played in the generous 2008 bailout of AIG. I guess swimming in the putrid waters of the financial world inevitably corrupts everyone.
We won’t get money out unless we overwhelm the midterm elections with Democratic candidate votes. Even then, it must be addressed immediately. With 10,000 things to address in the wake of TFG, it will be something we must keep front and center. And will the Congress do what they should do and impeach some of these rogue SCOTUS? We cannot EVER again ignore the elections republican’s stole, we must ALWAYS prosecute criminals who happen to be the president at the time, get money out and fund campaigns. Clearly we must equalize the money that has been hoarded and tax it appropriately. Never let the republicans have an inch for the next two generations.
I am of the opinion that hedge funds should be outlawed as an investment instrument. They seem to me both insufficiently regulated and predatory. I appreciate Mr. Legum's insights and reporting on the hedge funds awful influence on American politics, even as it highlights the cynicism and corruption of billionaire money in a democracy. I am left asking: Why vote?
Voting doesn't really matter when the top 1% can buy whatever result they want. Get enough people in your pocket and you can rig anything. I truly believe that. I thought there were enough checks and balances in place so that one party wouldn't be able to gain total control but somehow the Republicans have done it with a minority. They managed to install far right justices on the highest court in the land and they're already foisting their religious beliefs on the rest of us. No legitimate reason for outlawing abortion besides it goes against their religion. We shouldn't be making any laws based on religion but that's all we're going to get for the next several decades.
Democrats are going to need more of that $400 million in Zuckerbucks.
It is really quite a hoot to read this that it is Republicans that the billionaires support when the billionaire boys club through their Blackrock holdings are 100% in support of the Democrats.
Re Mr. Bankman-Fried, Lynn Sweet of the Chicago Sun Times has done some great reporting as well. Sweet reported that "Protect Our Future" spent $500,000 in support of eventual winner Jonathon Jackson, running in Illinois 1st Congressional District Dem primary. It is somewhat doubtful that crypto-currency issues rank especially high on a list of voter concerns in that district (or most other districts, for that matter).
How I despise the 1%.
Last year people like me, small donors and activists made a difference in the GA run-off elections. I am donating to Blue Senatorial candidates across the US, writing post cards in PA for Fetterman and going to call and text.
I have feelers out to help get the voters out for Marcus Flowers vs MTG on election day in GA.
If every one of us did similar we can win the battle. Billionaires can buy much. But I am not much and they can't buy me.
I am fighting back. #resist
How either party can try to claim it is "the party of working people" is beyond farcical at this point.
So, there needs to be LESS governmental regulation in the financial industry?! Hmmmm, how'd that work out for us previously (see 2008)?
Citizens United. Another gross injustice by our less than patriotic SCOTUS. Is there anybody here that believes we can ever get rid of this monstrosity? It's the most dangerous threat (other than Trumpy idiots) to our democracy.
And here I thought Ben Bernacke was one of the relatively decent guys, only to learn that he is being well-rewarded as a "senior advisor" at Citadel for whatever role he played in the generous 2008 bailout of AIG. I guess swimming in the putrid waters of the financial world inevitably corrupts everyone.
Our very own oligarchs... this is so gross. And so sad.
We’re screwed.
Welcome to the Plutocracy of the United States!
🤬🤬🤬🤬🤬🤬
One of the MANY things broken about our government. Depressing, but an excellent read as always. Thanks folks!
We won’t get money out unless we overwhelm the midterm elections with Democratic candidate votes. Even then, it must be addressed immediately. With 10,000 things to address in the wake of TFG, it will be something we must keep front and center. And will the Congress do what they should do and impeach some of these rogue SCOTUS? We cannot EVER again ignore the elections republican’s stole, we must ALWAYS prosecute criminals who happen to be the president at the time, get money out and fund campaigns. Clearly we must equalize the money that has been hoarded and tax it appropriately. Never let the republicans have an inch for the next two generations.
If you have enough money, you can buy a politician. Nothing new about that.
No wonder people don't vote.
I was surprised not to see anything on every republicans goto boggy man George Soros
I am of the opinion that hedge funds should be outlawed as an investment instrument. They seem to me both insufficiently regulated and predatory. I appreciate Mr. Legum's insights and reporting on the hedge funds awful influence on American politics, even as it highlights the cynicism and corruption of billionaire money in a democracy. I am left asking: Why vote?
Voting doesn't really matter when the top 1% can buy whatever result they want. Get enough people in your pocket and you can rig anything. I truly believe that. I thought there were enough checks and balances in place so that one party wouldn't be able to gain total control but somehow the Republicans have done it with a minority. They managed to install far right justices on the highest court in the land and they're already foisting their religious beliefs on the rest of us. No legitimate reason for outlawing abortion besides it goes against their religion. We shouldn't be making any laws based on religion but that's all we're going to get for the next several decades.
Democrats are going to need more of that $400 million in Zuckerbucks.
It is really quite a hoot to read this that it is Republicans that the billionaires support when the billionaire boys club through their Blackrock holdings are 100% in support of the Democrats.
Re Mr. Bankman-Fried, Lynn Sweet of the Chicago Sun Times has done some great reporting as well. Sweet reported that "Protect Our Future" spent $500,000 in support of eventual winner Jonathon Jackson, running in Illinois 1st Congressional District Dem primary. It is somewhat doubtful that crypto-currency issues rank especially high on a list of voter concerns in that district (or most other districts, for that matter).
Great reporting.