The mid-term elections are upon American voters. The electorate will be inundated with political ads, doorbells and phony smiles from political incumbents, upstarts and those attempting to bribe you with your own money when in government.
In the U.S., it is widely known that if you want to get ahead politically then you have to spend the big dough. Of course, there are some cases of a politically impoverished and unknown candidate winning, but overall the candidate with a vast amount of resources has a better chance of winning.
In order to get this kind of big money then you have to beg and plead with cronyists and influence peddlers. Without them, you can’t really expect to make it to Washington and pass legislation that benefits them and their businesses, industry and friends.
A new federal finance campaign report from Open Secrets looks at how much money Americans have spent thus far:
1. Tom Steyer, hedge fund manager: $20.5 million (plans to spend $50 million supporting environmentally-friendly Democrats).
2. Michael Bloomberg, former New York City mayor: $9.5 million (most of the funds gone to Democrats).
3. Fred Eychaner, chairman of Newsweb Corp.: $5.8 million (supporting democrats in favor of gay rights).
4. Paul Singer, founder of Elliott Management: $5.1 million (supporting GOP business-friendly candidates).
5. Richard Uihlein, CEO of Uline: $4.3 million (donating to small government, anti-government Tea Party campaigns).
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