THE POLITICAL 1% OF THE 1% – YouTube

See on Scoop.itDidYouCheckFirst

The political elites that make up the top 1% of the top 1% of all contributions to campaigns in 2012 have effectively become the new gatekeepers in American …

Greg Russak‘s insight:

The numbers aren’t hard to understand and they don’t lie.
-> $6Billion was spent on the 2012 elections. That’s $6,000,000,000.00 

-> 25million Americans donated money.

-> 28% of the money, or about $1,700.000.000.00, came from just 31,385 people, making their average contribution just over $54,000.00, or about 3-grand MORE than the median household income.

 

-> This "1% of the 1%" gave money to every single candidate. Every single one.

 

-> Since it takes only (ONLY?!?!) $12,950.00 in contributions to make into the 1% of the 1%, and you can begin to imagine how much the top donors in this group are giving to get the average as high as fifty-four grand, or more than one-half of all Americans make in a year.

 

-> To put further perspective on this, individuals with incomes of $11,720 a year or less are considered to be living in poverty.

15% of all Americans, or about 46.5Million of our fellow citizens and human beings are living in poverty.

For just an extra grand in KNOWN political contributions, they could punch their tickets and get into the 1% of the 1% that makes up the Political Donor Class.

Now please tell me again why we shouldn’t get money out of politics and why you haven’t signed on yet as a Co-Sponsor of the American Anti-Corruption Act.

 

http://unitedrepublic.actionkit.com/event/cosponsor/9815/

 

See on www.youtube.com

Advertisements

About Peaceful Patriot

Proud middle class husband, father, and progressive liberal. Registered Non-Partisan but have much more in common with Democrats than Republicans. Consider Libertarians to be immature and underdeveloped in their understanding of reality. An atheist who doesn't care what you believe so long as you stop pretending the Founding Fathers intended for you to legislatively force your beliefs on everyone else. Laughs out loud in mocking disdain at the abject lunacy of birthers, climate science deniers, and hard core tea partiers. If that offends you, too bad. You're not rational and have no place at the adult table.
This entry was posted in politics. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s