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PostPosted: 27-04-2018 04:33:40    Post subject: Republican Mitt Romney's Reply with quote

Florida Senator Marco Rubio has one; Texas Senator Ted Cruz has one; even former Pennsylvania Senator Rick Santorum jordan 6 gatorade green mens , considered a longshot for the Republican presidential nomination in 2016, has a billionaire in his corner. Wisconsin Governor Scott Walker has two.


Campaign finance watchdog groups fear heavy spending by these ultra-rich Americans will warp the election - already expected to be the most money-soaked in history. The idea that billionaires can buy elections has taken root in the public imagination.


Those billionaires are now seeing small, early signs of a pushback. Whether these are the beginning of a new trend is far too soon to say, but polls show there is wider discontent about the perceived influence of big money in U.S. politics and a growing gulf between the country's very rich and very poor.


These nascent rumblings - along with evidence that the super-rich are inefficient political spenders - raise questions about how effective billionaires will be in the 2016 elections.


Some voters in Philadelphia, for example www.jordan6gatoradegreensuede.com , were turned off by the billionaires backing a top candidate in the city's May 19 mayoral race. And a Silicon Valley startup, Crowdpac, is hoping to bank on public ire against big political spenders to attract small donations to its new for-profit election campaign crowdfunding platform.


"There's growing public awareness about rich people trying to buy elections and that makes the task of winning all the more difficult," said Darrell West, the author of "Billionaires: Reflections on the Upper Crust air jordan 6 retro gatorade green ," and the director of governance studies at the Brookings Institution think tank.


Potential big donors dispute the notion they are trying to buy elections and say they are simply using their positions to try to influence the future of the country in a positive way.


"I do believe – and I’ve told my kids this - that I can do more for them by giving money to the right presidential candidate in 2016 than by leaving them double that amount in my will," said David Walsh, a retired investor living in Jackson, Wyoming, who would not disclose his net worth but has given several multi-million dollar gifts to charitable causes and said he planned to donate heavily to candidates in 2016.


Miami car dealership mogul Norman Braman has been outspoken about backing his longtime protege Rubio; financial investor Foster Friess was in the audience cheering Santorum on when he announced his presidential bid two weeks ago; and Bob Mercer air jordan 6 gatorade green suede , the founder of a New York hedge fund, has been identified as supporting Cruz. The billionaire industrialists Charles and David Koch have publicly vowed to spend nearly $900 million influencing races in 2016.


PHILADELPHIA STORY


Amid the populist outcry against CEO pay and income inequality there may be some risks in candidates being so publicly linked to the extremely rich.


In Philadelphia, Anthony Hardy Williams was considered the favorite for the city's next mayor. He won support from three billionaires, Joel Greenberg, Jeff Yass and Arthur Dantchik air jordan 6s gatorade green , founders of the Susquehanna International Group, a global financial firm headquartered in a Philadelphia suburb. The three backed Williams, encouraging voters to support his views on a hot-button education policy issue.


They spent nearly $7 million on television ads promoting Williams. In response, unions and other community groups, who opposed Williams's education platform air jordan 6 gatorade green 2017 , coalesced around another candidate, Jim Kenney. One of the groups, Action United, organized a march in front of SIG's offices with placards that said, "Stop billionaires from buying our next mayor!"


"I would have looked seriously at Williams if not for the money air jordan 6 gatorade green for sale ," said JoAnn Seaver, 85, a retired teacher who voted for Kenney. She was one of several Philadelphia voters Reuters interviewed on election day who said Williams' billionaire backers were a turnoff. "You don't think that money should govern people who are elected, but what do you do, just let the billionaires take over?"


A spokesman for Williams declined to comment. Through a spokesman air jordan 6 gatorade green , the three billionaires declined to comment.


FIGHTING BACK


Crowdpac, an online political fundraising platform that works like Kickstarter - an online tool that lets entrepreneurs gather funding for new projects through small donations - sees fighting billionaires as part of its business model. Mason Harrison, the site's political director, says Crowdpac wants to get more middle-class people involved in politics by hosting smaller donation drives for candidates.


"We have a lack of money from small donors in American politics, and if we have more people involved in the political process we can make great strides in terms of diluting the influence from special interests jordan 6 retro gatorade green ," he said.


A veteran of Republican Mitt Romney's 2012 presidential campaign, Harrison is not the typical liberal voice decrying money in politics. But Crowdpac's Twitter tagline sounds very similar to the calls from non-profit watchdog groups to level the political playing field. It reads: "Together we can beat the big donors."


BIG MONEY, NOT SMART MONEY


Inefficiency could also dampen the effects of billionaires' political spending. (Graphic: http:reut.rs1Rw4GHF)


"When you have political amateurs or novices with a strong issue or ideological position in which they have intense belief and are willing to put their money behind it, the money itself is no guarantee of victory," said Michael Traugott jordan 6 gatorade green suede , a political science professor at the University of Michigan who studies the influence of money on political races.


Studies of the 2012 and 2014 elections by the Sunlight Foundation, a Washington-based non-profit that tracks political spending, show most groups backed by billionaires had less success swaying election outcomes than groups controlled by trade organizations or professional political strategists



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