Topic: Harold Simmons
Bob Perry donated over $75 million dollars to political causes, including bankrolling the 'swift boat' attack ads against John Kerry in the 2004 presidential race.
As income and wealth become ever more concentrated in America, the nation’s corporations and billionaires will invest even more in politics, Reich writes.
A handful of billionaires are all but funding the GOP primaries. Never before have so few spent so much to influence so many.
A strikingly few wealthy donors were the main 2011 contributors to super PACs, which analysts see as the main force behind a flood of negative campaign ads.