Mega-Donors on Left and Right

NYT (“Financier Plans Big Ad Campaign on Climate Change”): “A billionaire retired investor is forging plans to spend as much as $100 million during the 2014 election, seeking to pressure federal and state officials to enact climate change measures through a hard-edge campaign of attack ads against governors and lawmakers.”

Politico (“Exclusive: Mega-Donors Plan GOP War Council”): “A group of major GOP donors, led by New York billionaire Paul Singer, is quietly expanding its political footprint ahead of the midterm elections in an increasingly assertive effort to shape the direction of the Republican Party.”

More evidence that left and right will rely upon mega-donors who will drive policy in their desired directions (and often for reasons of self-interest).

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