Comment on YSK that 158 families made up 50% of all US Presidential Campaign Spending
ArbitraryValue@sh.itjust.works 3 weeks agoThe policy goals of the 0.01% are basically in lock step, why would they bid against each other?
The Democrats and the Republicans both raise money.
stickly@lemmy.world 3 weeks ago
It’s not uncommon for a donor to support both candidates because whoever wins will have a debt. Like you said this is peanuts to them.
The other factor is non-monetary support. A $1 billion check to a candidate’s campaign fund isn’t as effecient as a $100 million donation and $900 million spent blasting propaganda across your personal media empire.