Just 158 Billionaire “Families” Are Funding the 2016 US Presidential Election

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“If either of the elites pet candidates, Hillary and Bush, win the election you can bet they won’t be working for the American people.”  Admin

An investigation by The New York Times found that a mere 158 families, (and the companies they own/control), contributed a whopping $176 million in the first phase of the 2016 presidential campaign.

Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.

(Thank you for that, Supreme Court.)

Take a wild guess who these people are and who they represent.

 

They are overwhelmingly white, rich, older and male… and in an economy that has minted billionaires in a dizzying array of industries, most made their fortunes in just two: finance and energy.

People like the Koch brothers, for example, are spending $889 MILLION dollars during this one election.

 

Meanwhile, the big six megabanks and Wall Street are putting all their money behind Hillary Clinton and Jeb Bush. Only three percent of Bush’s donations actually come from small donors. Goldman Sachs is Hillary’s largest financial supporter by employer. Hillary’s top contributors also include Citigroup, JP Morgan Chase, Morgan Stanley, and Lehman Brothers among others.

Read More: Just 158 Billionaire “Families” Are Funding the 2016 US Presidential Election