67 largest donors give 3x as much as bottom 500K combined

[eridani]

http://www.politico.com/story/2015/08/wealthy-donors-and-gusher-of-cash-change-2016-race-120894.html#ixzz3i633bjfG

The flood of seven-figure contributions to outside groups supporting presidential candidates — officially reported for the first time Friday — illustrates in stark terms how the unprecedented political buying power of wealthy donors has fundamentally shifted U.S. presidential campaigns.

The 67 biggest donors, each of whom gave $1 million or more, donated more than three times as much as the 508,000 smallest donors combined, according to a POLITICO analysis of reports filed with the Federal Election Commission and the Internal Revenue Service.

The 67 mega-donors accounted for $128 million in cash to super PACs supporting specific 2016 presidential candidates. In all, POLITICO’s analysis found that 29 super PACS and other big-money non-profits dedicated to the candidates combined to raise $271 million from 9,500 donors, for an average donation of $29,000.

On the ledger’s other side, the analysis found that donors who gave $200 or less to the candidates’ campaigns (and whose donations are estimated at $75 each) combined to donate $38 million to the campaigns of the 21 announced candidates

[Juicy_Bellows]

1. THIS IS A HUGE PROBLEM.

KICK!