"I think it’s the most serious, unaddressed issue that exists, including wars around the world and impasses in military and political affairs. Nothing equals what is now being done to girls and women with almost complete impunity. Most of the world doesn’t want to know about it.”
— Jimmy Carter talking to Warren on today’s To the Point
The 1,000 political donors who stand to benefit most from McCutcheon v. FEC
Now that the Supreme Court has struck down aggregate campaign contribution limits, it will empower the limited number of donors who have the heart, the stomach and the bankrolls to contribute hundreds of thousands of their own money to determine who is in office.
What do we know about these truly elite donors? 1)They’re extremely partisan givers; 2)They mostly support Republican candidates; and 3) 1/3 of them come from the financial sector.
The decision did not disturb familiar base limits on contributions from individuals to candidates, but it said that overall limits for contributions to all federal candidates violated the First Amendment.
My grandma and grandpa saved money in a coffee can to send my dad to college. It was down in the basement. They were able to send him to community college and then he got a journalism degree (at the University of Minnesota) and went on to interview everyone from Ronald Reagan to Mike Ditka to Ginger Rogers, after growing up in a hardscrabble mining town. And it was all because they were willing to save money.
Beyond that, the one thing I learned is that maybe my grandma and grandpa shouldn’t have just saved the money in the coffee can. That maybe you could make a little bit more money in interest by investing and making sure you have a 401k. And I think this is especially important for women.