The Families Funding the 2016 Presidential Election (Published 2015)
www.nytimes.com
Just 158 families have provided nearly half of the early money for efforts to capture the White House.
  • ArbitraryValue@sh.itjust.worksEnglish
    11·
    11 hours ago

    The policy goals of the 0.01% are basically in lock step, why would they bid against each other?

    But in fact both The Democrats and the Republicans raise money.

    • stickly@lemmy.world
      1·
      5 hours ago

      It’s not uncommon for a donor to support both candidates because whoever wins will have a debt. Like you said this is peanuts to them.

      The other factor is non-monetary support. A $1 billion check to a candidate’s campaign fund has a lot of red tape. It isn’t as effecient as a $100 million donation and $900 million spent blasting propaganda across your personal media empire.