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It’s not Russia that’s damaging American democracy – it’s money

24 0 0
04.11.2018

In a piece for The Guardian last week, Chuck Collins wrote that the three wealthiest families in the US — the Waltons of Walmart, the Mars candy family and the Koch brothers — own a combined fortune of $348.7 billion — a sum which is 4 million times the median wealth of a normal American family.

A recent study conducted by researchers at Northwestern University found that despite the popular narrative of the so-called ‘philanthropic’ liberal billionaire in the style of Bill Gates, most of these super rich mega-donors are “extremely conservative” in their political views. They believe in cutting taxes for the rich and abolishing the estate tax. They are opposed to banking and environmental regulation — and they aren’t overly enthusiastic about social programs upon which millions of Americans rely.

Instead of being loud and proud about these views, however, they practice what the study authors called “stealth politics” — in other words, they rarely speak publicly on politics, but spend massive amounts of money lobbying politicians on the quiet.

This is not to imply that conservative billionaire donors are bad and liberal billionaires donors are good, which is what mainstream liberal media would seemingly like us to believe when they promote the likes of George Soros as a paragon of goodness while lamenting the influence of the Koch brothers. It is, however, a simple fact that America’s wealthiest billionaires are overwhelmingly conservative — and very rarely are they........

© RT.com