-11.8 C
New York
Sunday, February 1, 2026

Crony Capitalism Tribute: Mafia Dons vs. Politicians; Who Really Won the Election?

Courtesy of Mish.

Who Really Won the Election?

If you think Republicans won the recent mid-term election you are mistaken. PolicyMic has One Chart that Shows Who Won.

Most Expensive Senate Races

Money Won the Election!

The Center for Responsive Politics projects the 2014 mid-term election will cost roughly $3.67 billion.

When all is said and done, Team Red (all Republican candidates, parties, committees and conservative outside groups) will spend $1.75 billion on this election. Team Blue (all Democratic candidates, parties, committees and liberal outside groups) will spend a total of $1.64 billion. [Outside groups account for the rest.]

Election Cost Estimate

Just three-one-hundredths of one percent of Americans wrote a check larger than $2,600 — the maximum one individual can give to a candidate each election — during this cycle.

But those are numbers based on the system of so-called “hard money” donations — money given to candidates or committees, which is strictly limited. Outside groups rarely deal in sums so small. Most outside groups rely heavily on large donors. Very large donors

The number one donor of disclosed outside money is Steyer, followed by former New York City mayor Michael Bloomberg, who has given $20 million to super PACs, of which 98 percent went to liberal or Democratic recipients. But despite those top two donors, conservative donors dominate the top 20 — 15 of them are conservative. The three other liberal donors are: Fred Eychaner ($7.9 million), George Soros ($3.5 million) and hedge-funder James Simons (and his wife Marilyn), who have given $3 million….

Continue Here

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,572FansLike
396,312FollowersFollow
2,640SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x