With restrictions gone, ‘1 percenters’ dish millions, alter race for White House | McClatchy
WASHINGTON — Forget about the poor, the unemployed and the sinking middle class participating in the democratic process.
The race for the presidency is increasingly being bankrolled by “1 percenters” — those among the richest of Americans.
Year-end campaign finance reports show that many of the nation’s wealthiest individuals and their companies have written huge checks to Republican and Democratic “super committees” that are exempt from the usual $5,000 campaign donation limits.