Tuesday, April 28, 2015

INCREDIBLE ... THE TOP 0.01% MAKE 42% OF ALL POLITICAL CONTRIBUTIONS IN AMERICA

Check this out. In 2012 the richest .01 percent of all Americans - or the top 1 percent of the top 1 percent - spent about 42 percent of all the money that is paid out trying to influence American politics. As a point of contrast consider this: In 1980 this segment spent only about 16 percent on political campaigns.

Wait. It gets worse. Corporations now spend more money lobbying Congress than the American taxpayer spends funding Congress. 


For more on political influence and campaign spending by America's oligarchs, read this piece from Zero Hedge.

- Mark

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