WASHINGTON — Super PAC donations have barreled past the $1 billion mark, driven by a small group of super-wealthy contributors intent on deciding who will occupy the White House and control Congress next year.
The pay back line is going to be astronomically long after the election with all of the Super-Packers attempting to retrieve their donations by turning them in to favors due them.
There is no such thing as a free lunch. Politics stands out as the best example of legalized corruption and back-scratching. If the laws in place do not suit them, they change them.
The Fat Cats didn’t come up shooting with all of that chagodia just because they are nice guys. Just like with any investment they make, they expect a very big return on the money.
Donations by the Super-Packers skyrocketed to $1.1 billion at the end of August. That amount surpasses the $846.8 million that poured into these groups during the entire 2012 election cycle, the first presidential race in which super PACs operated.
62 Fat Cats came up with $500.8 million. They were individuals, companies and unions that gave $3 million or more apiece. That is a great way for the unions to spend their members soldi.
a type of independent political action committee which may raise unlimited sums of money from corporations, unions, and individuals but is not permitted to contribute to or coordinate directly with parties or candidates.The GG definition in Laymen terms : a type of independent political action committee which may raise unlimited sums of money from corporations, unions, and individuals that expect to get their palms greased (paid back) big time, if the candidate wins they came up shooting for wins the election.
Ladies and gents; this is just another way to bamboozle and twist laws to suit the politicians and crooks (all in the same). What does it matter if Joe Blow hands the pay-off money directly to the politicians or if Joe Blow gives it to Jim Suck and Jim Suck gives it to the politician?? It sucks either way and still should be illegal!!!
If anyone is naive enough to think that the benefactors are just a bunch of charitable people, think again.
It was laughable when Obama ran the first time in 2007 and he was DEAD against Super-Pacs. He thought it gave an unfair advantage to one side or the other. In 2012 when he was a full-fledged politician he made a miraculous transformation and thought Super-Pacs were the greatest thing since crunchy peanut-better and Rita Crackers.
Let face it ; the little guys do not stand a chance. We are just pawns on the Big Chess board of life that the Top Dogs move around at will.