Top Donors 2014— Sunlight Foundation which does yeoman’s work showing how our political campaigns and crusades are funded recently distributed a best-of 2015 which included this dissection from April of where the money went in the 2014 election from the “one percent of the one percent”. They hold this category contains 31,976 persons who contributed $1.18 billion.
Sunlight noted that this money skewed slightly to the GOP and conservatives — $553 million verses $505 million to Democrats and liberals. The top donors, however, were overwhelmingly D.
Liberal hedge fund manger Tom Steyer spent $73,884, 467, which is more than the next 17 Republicans combined. A nice chunk of it went to the campaign for Tom Wolf.
The number 2 donor was former New York Mayor Michale Bloomberg who once upon a time was a Republican but has since moved solely into the camp of country-club progressives. He gave $11,042,800 of which $10,527,600 went to the left.
Sunlight is a critic of Citizens United, the 2010 Supreme Court decision that held that the First Amendment prohibited government interference with political spending by non-profit groups. Much of this money now goes to “super PACs” which are political action committees that don’t make direct contributions to candidates but stick to issues.
Criticism of Citizens United is extremely short-sighted. The Supreme Court got it right. The largest media organization in the world is Philadelphia-based Comcast. It’s “news” outlets are NBC and its spin-offs, which are basically Democrat propaganda machines. The New York Times, despite its fading reputation, is also a partisan mouthpiece. There is no inherent difference between a group of people chipping in to send out mailings and make posters to disseminate information than a New York Times front page story except that the mailings and posters are likely far more honest and accurate.
Top Donors 2014 As Per Sunlight