Supreme Court Justices tell us not to worry, the invisible hand of the market of ideas will work to our advantage. Now, ignore that man behind the curtain with those bags of unearned and untaxed cash.
|By: David Dayen Saturday July 16, 2011 6:24 pm|
Jim Messina tried to claim in his video announcing the Q2 numbers that 98% of all donations were $250 or less, and the average contribution was $69 from around 550,000 contributors. That gives the impression of a grassroots-fueled army. Messina didn’t say that these numbers excluded the DNC contributions, mostly maxed-out $30,000 donations. And now, the fact of these bundlers complicates Messina’s narrative even more. It’s possible – in fact, given the numbers, it’s likely – that a portion of the under-$250 contributions were collected by bundlers. I think we can say with confidence that bundlers aren’t going to “ordinary Americans” for those collections. They are rich elites who go to their rich elite friends.