Why hasn’t this been all over the news since the whole Build Back Better debacle started?
As early as 2012, more than 40 percent of all money spent in US federal elections came from the wealthiest of the wealthiest—not the top one percent or even the top tenth of the one percent, but from the top one percent of the one percent.
Peter Thiel, a staunch Trump supporter whose net worth is estimated by Forbes to be $2.6 billion, has become one of the Republican’s Party’s largest donors. The oligarchs don’t just support Republicans, though. Last year, at least 13 billionaires who had previously donated to Trump lavished campaign donations on Democratic senators Joe Manchin and Kyrsten Sinema, according to an analysis of Federal Election Commission records.
Source: Email from Robert Reich dated Mon, Feb 14, 2022
Not much of a post, but it’s doing something. Someone else might have missed it.