In Part I of this two part posting, I looked at
the individuals who have spent the most money thus far during the 2016
presidential election cycle, buying political favour by spending their
hard-earned cash on "outside spending". As I noted,
"outside spending" is defined as money that is spent by either groups
or individuals that is (supposedly) completely independent of control by each
of the candidates' election committees. Since the 2010 Citizens United
Supreme Court decision, corporations, trade associations, labor unions and
other social welfare non-profits can spend unlimited amounts of money on federal
elections and, in some cases, the identity of these donors can be kept
confidential, preventing American voters from ever knowing who is buying
political influence. In Part II of this two part posting, I want to look
at the top organizations that have funded outside
spending groups and provide a bit of background information on the top three
donors.
Here is a listing of the top 20 organizations who have funded outside spending groups during the 2016 election cycle:
The number one
organization, Besilu Stables, is owned by Miami, Florida
businessman Benjamin Leon. Benjamin Leon Jr. was born in Cuba
in 1944 and immigrated to the United States with his family in 1961 at the age
of 16. He is Chairman of the Board of Leon Medical Centers Inc., one of the larges
healthcare institutions in the state of Florida. The company was founded
in 1996 and now has seven locations throughout Miami-Dade county. The
President of the company is now Benjamin Leon III, the son of the founder.
Leon Medical Centers employ more than 2300 medical professionals and
serve more than 44000 Medicare recipients. Here is a table showing his donations in this
cycle:
Back in 2008, Mr. Leon donated $162,800 to John
McCain's campaign as a bundler.
The number two
organization, Rooney Holdings, is a family-owned,
Tulsa-based company led by CEO and President Hon. L Francis Rooney III, the
former Ambassador to the Holy See (the Vatican) from 2005 to 2008. Rooney Holdings is the
majority owner of Manhattan Construction Company, a subsidiary of Rooney
Holdings. It has built hospitals, schools, government buildings and sports
facilities including the Dallas Cowboys Stadium and Houston's Reliant Stadium.
The company also built the visitor center at the U.S. Capitol.
Rooney Holdings is one of the United States largest privately owned
companies.
In the 2014 election
cycle, Francis Rooney was the 75th largest hard-money donor, contributing a
total of $253,900 to conservative causes.
Here is a table showing Mr. Rooney's donations
in the 2016 cycle:
I like the $100 donation
to John Boehner in February 2015. I guess every dollar counts.
Lastly, the number three
organization, Fair Share Action, is a Super PAC that has a Democratic
lean. It was founded in August 2012 and is an arm of the Fair Share
organization. Its aims are to "provide every American with
a fair shot at a good job, a secure future and a strong voice in our
democracy". Here is a table showing the top ten Fair Share Action
expenditures in the 2012 presidential election cycle:
Here is a summary of its spending by cycle
since 2012 and its total receipts and expenditures during the 2016 cycle:
In this cycle, Fair Share
Action's two largest donors are as follows:
In the 2012 cycle, Fair
Share Action's largest donors were as follows:
In case you have never
heard of him, Tim Gill is an American software entrepreneur
(Quark Inc.) and philanthropist. He is an advocate for LGBT civil rights and the environment.
His foundation, the Gill Foundation, has invested more than $277
million in programs and non-profit organizations throughout the United
States.
In this two part posting, I believe that I have
provided you with enough information to, once again, conclude
that America's politicians are for sale and the wealthy that live among us are
buying...in bulk.
The chart that I would find most relevant would show total political spending on one axis and total government spending on another axis. Would there be any correlation between the amount of total government spending and total political spending?
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