Wednesday, March 21, 2012
Who Are The Super Rich Donors Bankrolling The GOP Race
Behind every 2012 presidential candidate, there is a millionaire or billionaire holding the purse strings to the campaign's war chest.
Relaxation of campaign finance laws has given rise to a new class of super-donors who are now acting as kingmakers in this year's presidential election.
It's an elite club that includes Wall Street titans, Texas oil tycoons, billionaire tech execs, and an outspoken evangelical mutual fund manager, all of whom have given $1 million or more to support Republican SuperPACs. According to the Washington Post, these sugar daddies have forked over a combined $54 million so far this election cycle, helping bankroll an onslaught of negative attacks that have made this year's Republican primary one of bloodiest in recent memory.
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My Comment: A lot of billionaires in this crowd.