Economics/Class Relations

Just 158 Families Have Provided Nearly Half the Financing for Early Efforts for the White House

Truthdig.Com

aisletwentytwo / CC BY 2.0

An overwhelmingly older, white and male group of Americans who made fortunes in finance and energy and represent just 158 families gave $176 million—almost half of all the money raised so far—to mostly Republican presidential candidates in the early months of the race.

“Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago,” writes The New York Times, whose investigation revealed the numbers.

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