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View Full Version : 2013: Year of the liberal billionair



Common
11-01-2013, 10:59 AM
Looks like a flip has occurred Democrat and Liberal Big time donors came out of th shadows and the right wing donors are receding a bit.
The good thing is that koch bros and Adelsen who tried to buy elections are a few hundred million lighter in their loafers.

Democrats and liberal interest groups spent much of 2012 bemoaning an avalanche of outside spending from billionaires on the right, warning that ideological tycoons like the Koch brothers and casino magnate Sheldon Adelson could threaten the legitimacy of the American electoral system.

What a difference a year makes.



In the off-year campaigns of 2013, liberal and Democratic interests have enjoyed a decisive advantage in the billionaire spending bracket. Indeed, groups tied to just three billionaires — New York City Mayor Michael Bloomberg, California investor Tom Steyer and Facebook founder Mark Zuckerberg — have spent well more than $25 million this year pushing progressive candidates and causes.

Their arrival on the political scene, at the same time as many conservative donors remain disheartened from the GOP’s 2012 defeat, represents a shift in power in the arena of big-money campaigns. And it’s the clearest sign that Democrats have abandoned their initial revulsion about outside money in favor of a recognition that they have to play and win by the same political rules as their opponents.

Read more: http://www.politico.com/story/2013/11/liberal-billionaires-fundraising-2013-elections-tom-steyer-mark-zuckerberg-michael-bloomberg-99207.html#ixzz2jPU3A7ch