Plutocratic elite exploit electoral process to the fullest
Ask your average person on the street about elections in America, especially federal elections for high political office, and most will tell you it’s all about fundraising, advertising, and politicians selling out to plutocrats and giant corporations in order to raise money and support for their campaign for office. This is especially true when it comes to the 2016 presidential campaign.
A recent report originally published by Variety highlighted the entirely corrupt nature of the American political process. The article describes the manner in which SuperPACs are utilized by all the major presidential candidates to raise enormous amounts of money – millions of dollars – from some of the wealthiest and most politically connected individuals in the United States. What the article demonstrates is that the rich basically run the American political process, and U.S. politicians are willing to sell-out the American people in order to raise money.
The report was also picked up by The Jewish Daily Forward, likely because the majority of the individuals reported on in the story are in fact Jewish. As we’ve reported, Hillary Clinton, the likely Democratic nominee for president, has already received millions of dollars from a number of Jewish plutocrats dominating and influencing American politics. The same can be said of the GOP candidates (except for Donald Trump).
Priorities USA Action, a SuperPAC supporting Hillary Clinton’s presidential bid, reported $1 million contributions each from Steven Spielberg, Jeffrey Katzenberg and Haim Saban.
Other donors to the group, an independent expenditure committee that can collect unlimited contributions from donors, included J.J. Abrams and his wife Katie McGrath, who each gave $500,000. Saban’s wife Cheryl, also gave $1 million.
The group reported raising $15.7 million in the first six months of the year.
Friday was the deadline for the political action committees to file mid-year disclosure reports with the Federal Election Commission.
Katzenberg has been helping Priorities raise money from high-dollar donors this cycle. He was a founding donor and fundraiser for Priorities when it was initially set up to support President Obama’s reelection bid in 2012.
Other prominent donors to Priorities USA Action included investor George Soros, who gave $1 million, and Los Angeles-based investor Marc Nathanson, who gave $250,000.
The SuperPAC’s cannot coordinate with a candidate’s official campaign apparatus, but the candidate can attend events and meet with prospective donors, but just not ask for the huge sums that are the hallmark of the groups.
Just about every major presidential candidate is supported this cycle by one or more SuperPACs led by Right to Rise, the SuperPAC backing the candidacy of Jeb Bush, which raised a whopping $103 million in the first six months of the year. Bush was able to focus on fundraising for the SuperPAC for much of that time period, as he wasn’t formally a candidate until declaring his bid on June 15. […]
The entire article is worth reading to get a better idea of just how entirely corrupt our political process truly is. If nothing else, reports like this underscore once again how big of a scam American “democracy” and electoral politics has become in our modern age.
NB: This article was originally published on August 1, 2015.