Takeaway
The more money spent by candidates to secure the most famous job in the world, the less we know about exactly who is contributing to their campaigns and to what end, nefarious or otherwise.
Ever since the landmark ruling in 2010, known as Citizens United v. Federal Election Commission, that the free speech clause of the First Amendment prohibits the government from restricting independent expenditures for political communications by corporations, including nonprofit corporations, labor unions, and other associations, the waters have not just become murkier, but positively dark.
And it is with this influx of so-called ‘dark money’ that the transparency of the people and organizations funding these potential candidates is quickly dissipating.
The 2020 presidential election would not only find itself in the pages of the Guinness World Records as the most expensive election ever but it is estimated that at least $100 million of the money spent came from dark money.
In order for democracy to be seen to be working in the cold light of day, the Biden administration needs to tackle the issue of dark money so that everyone sitting at the table has their cards on full display.
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24 thoughts on “10 Richest People in American Politics Today”
Those mentioned politicians at least made their money in the public sector, before getting into politics. What about politicians like Nancy Pelosi, Maxine Waters, et al, how did they become multimillionaires on a government salary?
PELOSI IS A DISGRACE TO HER ITALIAN ANCESTRY. SHE & HER HUSBAND HAVE USED INFLUENCE FOR INSIDE TRADING & UNDER PAYING THEIR EMPLOYEES IN THE PACIFIC ,GUAM, ETC. IN THE PINEAPPLE PLANTATIONS & NANCY GOT THE US CONGRESS TO BLOCK PAY RAISES ALA COMMIE CHINA!!
I agree Pelosi is a disgrace…… Most of the goverment is a disgrace… Especially with the Plandemic. Do they really care what we say about them? I don’t want to be a United States of China!!! Politicians are Greedy, Lying, killing machines.!!! (not ALL, but a majority.) God Bless America🙏✌
PINOCCHIO trump is an EGOMANIAC, famous for under paying his employees, lying about his net worth, & up to his neck in lawsuits. He has NO moral character whatsoever. He’s made money by, lying, cheating, stealing, & whatever other illegal means that he can get away with. The net is closing & it’s just a matter of time before the DEVIL gets his due.
But she claims she is for the people. What a total disgrace she is.
Pelosi is not just a disgrace to her heritage-she and the husband are a disgrace to the human population. She and the other,are simply the garbage beneath my feet-I honor the dirt of mother earth far more than them….
I finished medical school at the same time Schultz stopped working for Starbucks and open his own coffee shop. My $3,000+, minus tax will definitely help me with my monthly income. Schultz is currently worth almost 50Billion with a B dollars.
Interesting when you think about it in this perspective.
I still don’t regret the choice of my profession. (Not yet) I have enjoyed going to work every day of my life.
Correction my SS $3000/month
Exactly correct….. it is a hub of corruption and money laundering for those who know nothing about actually working and producing a product!
Many politicians are rich because their spouses made a lot of money in the private sector. Nancy Pelosi falls in that category. As far as Maxine Waters is concerned, her $2million net worth is about in the middle of House Representatives in the wealth category. BTW if you are middle class, have a spouse whose income is greater than yours, don’t live extravagantly, have two or fewer children, manage the ownership of your California home properly AND work until you are 85, having a net worth of $2M easily attainable. No insider trading or under the table campaign contributions needed.
You’re a common sense idiot; no one should be suckling on the teat of America for as long as Pelosi, Biden, etc. Criminal is criminal and Waters/Biden/Pelossi/Clinton/Obama/……….. all are criminals and only someone lacking in common sense would disagree
Damn your stupid! Gollable as all hell. Wake up buddy! Manage your California home properly…..what does that even mean. Yeah by using our money to do so. Wake up scum bag. Work till she is 85? Really, she works? She hasn’t worked in 40 years! I guess taking your money and paying her political pawns is work, than yeah she works her tail off.. What is wrong with our society? She doesn’t do anything but spew hate!
While Nancys husband made a good living-the majority of their wealth was made thru her time in congress/politics. Lots of insider trading going on-so if Martha Stewart had to pay for her crime,then so should the Pelosi’s…
We always knew the rich owned America. But Thank you anyway. David / Fire Fighter Ret.
If the Richest would stay out of politics and let the people vote along with honest elections we may be able to get out of this mess we are in now. Trump may be in that list of Richest but “Are we better of NOW or when Trump was president.”
Absolutely not. Less money, less freedom. Wrong direction. Bring back Trump!
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Why no mention of the Clinton’s or Pelosi?
The second paragraph of the article begins: “However, the amount of money involved in American politics today beggar’s belief…”
Why do illiterate writers love to throw in apostrophes where they don’t belong? Just another example of Democrat stupidity, I guess.
Party membership does not separate stupidity, stupid people are all around us as they do not have to have party preference.
Seriously? This is one of the biggest problems in America today- let’s lump every Democrat or Republican into one basket. One makes an error, mistake, whatever, they all must be idiots? Every incorrect written-or spoken- word means the entire party is made up of illiterate morons? Take a breath before making such a rude, generalized response and maybe the country won’t be so divided and hateful. SMH
While I am not rich, am clearly “Lower middle class” and am not interested in running for any political office, I find it interesting how people of my “class” love to criticize and castigate rich people for their riches. First of all, we would love to trade places with these people as far as their bank account is concerned, but we wouldn’t want to have the responsibilities that they also carry. I have a hard time balancing my checkbook and worry about having “too much month at the end of the money”. And I am only responsible for myself and paying my own bills. To think that my decisions might hurt those that work for me is a great responsibility to bare.
Second, would we want our leaders to be “us”? I mean, to live a boring middle class life, with the worries and struggles that we have? Would we want a person who has never really bettered himself in business and has just been a “clock puncher” wondering about the mundane things of life. Or, would we rather have someone who has turned $100 into a million dollars, with the hard work and vision it would take to be successful? I don’t know about you, but I don’t mind having a person who has worked hard and built a business now in charge of my government. They have shown that they can “do it” and I applaud them for that. Maybe they can make our government better especially when it comes to handing the trillion dollar budget that OUR TAX MONEY has built.
I finished medical school at the same time Schultz stopped working for Starbucks and open his own coffee shop. My $3,000+, minus tax will definitely help me with my monthly income. Schultz is currently worth almost 50Billion with a B dollars.
Interesting when you think about it in this perspective.
I still don’t regret the choice of my profession. (Not yet) I have enjoyed going to work every day of my life.
In the future politics dollars will not be the norm. They will be RIF just like the lower class.