Money In Politics - Top Donors 'Invest' in Politicians
December 15, 2012
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5:31Now PlayingMoney In Politics - Top Donors 'Invest' in Politicians
YouTube Description
as posted by the channel"The election spending numbers are in and they broke all the records: President Obama and Mitt Romney each raked in over $1 billion, independent groups spent $1 billion more and super PAC king Sheldon Adelson told the Wall Street Journal that next election he'll double the $100 million he spent this time. The total tab for federal elections? Over $6 billion."*
Large donors to election campaigns were the most important to candidates, with many high-spending donors seeing big returns on their "investments" through bought policies. Cenk Uygur breaks down some facts about large donors and the money they pump into political candidates.
*Read more from Josh Silver/ Huffington Post:
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