• Juice
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    6 hours ago

    US government gives multi multi billionaire most of his money, billionaire turns around and gives it to Republicans. how’s your money in politics working, is it good?

  • rjthyen@lemm.ee
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    7 hours ago

    Let’s say he donated the highest amount of 6 figure (i didn’t read the article), 999,999. His net worth is at 260 billion, would be the same as me donating $2.50 in regards to my net worth, and i consider myself technically pretty okay money wise. It’s absurd how much billions are…

    • fine_sandy_bottom@lemmy.federate.cc
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      12 minutes ago

      Article says it was $289k.

      There’s other donations though:

      How much money Musk ends up investing in the election remains an open question. In July, the Wall Street Journal reported that he planned to donate around $45 million a month to help Trump. Musk, however, later denied the report.

      Despite the influx of cash from Musk, the NRCC raised just $9.7 million in August, compared to $22.2 million raised by its Democratic counterpart.

  • Kalkaline @leminal.space
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    8 hours ago

    It’s absurd that politicians are allowed to accept campaign contributions from individuals and corporations. Campaigns should be publicly funded.

    • TallonMetroid@lemmy.world
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      7 hours ago

      Campaigns being explicitly publicly funded would also have the benefit that if the fatcats want to contribute more*, they’d need to pay more taxes!

      *while still not getting to choose who they’re actually contributing to, because eat the rich

      • Flying Squid@lemmy.world
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        2 hours ago

        It also stops what is going on right now thanks to Citizens United- foreign dark money coming in to influence elections.

        Because Russia is very likely pumping a lot of money into U.S. elections and they’re probably not the only one. It’s legal, so why not?

    • Omgarm@lemmy.world
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      8 hours ago

      The corporations is especially crazy. An individual supporting the democratic process makes sense. They are the ones voting. But a business doesn’t vote.

    • themadcodger@kbin.earth
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      7 hours ago

      But won’t someone think of the poor corporations?! What about their free speech?

      • Roberts, probably. I didn’t actually read citizens united.
        • themadcodger@kbin.earth
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          2 hours ago

          I’m all for the corporate death penalty. Need a bailout, sure. C-suite is fired, assets seized, and corporation becomes nationalized.

          Or something like that. There’s a reason no one has consulted me on the best way to accomplish this.