Posted 1 year ago on Feb. 17, 2012, 4:27 p.m. EST by brightonsage
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Billionaires like Adelson and Freiss are behind the vast majority of super PAC dollars. The rest of us don't count from Ari Berman - Salon
At a time when it’s become a cliché to say that Occupy Wall Street has changed the nation’s political conversation — drawing long overdue attention to the struggles of the 99 percent — electoral politics and the 2012 presidential election have become almost exclusively defined by the 1 percent. Or, to be more precise, the .0000063 percent. Those are the 196 individual donors who have provided nearly 80 percent of the money raised by super PACs in 2011 by giving $100,000 or more each.
This is a pretty clear statement of our problem. So what do we do about ir?