A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.Overall, this group of billionaires skews toward former President Donald Trump and the Republican Party — although there are Democratic megadonors...

A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.

    • BrikoX@lemmy.zipOPEnglish
      91·
      2 months ago

      It was legal bribery long before the recent ruling. That just expended the scope of what they consider legal bribery.

    • SoJBEnglish
      81·
      2 months ago

      We just gonna pretend RBG had no part in this, desperately holding onto power until her literal last breath?

  • bazus1@lemmy.worldEnglish
    52·
    2 months ago

    just goes to illustrate how important every American’s vote is, and how consequential the results will be.

    • queermunist she/her
      81·
      2 months ago

      The results will benefit these 50 people no matter who wins. Even if their preferred candidate loses, the other one will serve their interests. That’s why they donate to both.

      They definitely prefer Republicans over Democrats, but let’s not overestimate it.

      • bazus1@lemmy.worldEnglish
        2·
        2 months ago

        You’re correct, that they can and often do donate to both sides of the two-party system, but you’re missing that it’s money candidates need to bring awareness and amplify their message, motivating people to vote them into office. If the voting doesn’t matter, if the whole result is a foregone conclusion, the money and influence campaign is meaningless and doesn’t occur.

        • queermunist she/her
          31·
          2 months ago

          Voting matters in the sense that you get to pick which donors get to control the government. That’s it.