As if it’s not bad enough that we live in a country where crony capitalism is so entrenched that the oligarchs never face justice and are consistently bailed out on the tax payers’ dime, but now we have to suffer from oligarchs using their fortunes to buy-off elections all over the country. I am specifically referring to one of the biggest hypocrites alive today, New York City Mayor Michael Bloomberg and his Super PAC, Independence USA. I want to highlight two recent stories in order to demonstrate exactly what this particular oligarch is up to. First, from The Washington Post:
It’s a bad day when New York Mayor Michael Bloomberg’s political action committee rolls into town to take you on.
Former congresswoman Debbie Halvorson (D-Ill.) is finding that out the hard way right now, as she suffers from a barrage of ads from the super PAC, also known as Independence USA.
The PAC, which has backed gun control supporters and targeted those who oppose it, regardless of party, has so far spent about 20 times the amount Halvorson has been able to raise for her campaign in the special election to replace former congressman Jesse Jackson Jr. (D-Ill.). While Halvorson has raised just about $100,000, Independence USA has spent $2.16 million against her, citing her ‘A’ rating from the NRA.