Can Billionaires Really Buy the Election?

Reuters: “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.”