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25 percent of super PAC money from only 5 people



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This number is as ridiculous as the concentration of wealth in America. If this is how it's going to be, then let's stop calling ourselves the leading or best democracy in the world, and just admit that we're a banana republic.

Anyone who tries saying that the system is fair is a flat out liar.  We have become a government by the super rich, for the super rich -- and the numbers are there to prove it. It should come as no surprise that the leading GOP candidate for president is the richest person ever to run for that office.

USA Today:

Five wealthy people, led by Dallas industrialist Harold Simmons and Las Vegas casino mogul Sheldon Adelson, have donated nearly $1 of every $4 flowing to the super PACs raising unlimited money in this year's presidential race, a USA TODAY analysis shows. Those donations have helped new Republican-leaning outside groups swamp Democratic-friendly super PACs in fundraising — money that is used largely for attack ads. The large sums also have rejuvenated the underfunded campaigns of principal challengers to former Massachusetts governor Mitt Romney in the race for the Repulican nomination. "Without the flow of super PAC money, the Republican race would be over," said Anthony Corrado, a campaign-finance expert at Colby College in Maine. "Super PACs have become a vehicle for a very small number of millionaires and billionaires who are willing to spend large sums in pursuit of their political agenda."
People can sugar coat this however they like, but this is flat out corruption. Period.


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