Wealthy California Liberals, Now More Powerful Than Ever

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In what will inevitably be great fodder for the GOP primary winner, Forbes notes that:

In the first quarter, Californians contributed about $20 million to leading presidential candidates, with Democrats holding a 3-to-2 edge over Republicans, according to an analysis of fundraising data by The Associated Press.

So, California’s 34 million residents will finally have a voice? Not so fast…

[M]ost of the money the candidates raised came from a small group of large donors. A study by the Campaign Finance Institute found that donations under $200 amounted to only 14 percent of the total raised.Contributions of $1,000 or more accounted for 79 percent of the total raised by the candidates, the institute said, compared with 68 percent in 1999.

“You have a bunch of presidential candidates and sitting senators and governors and congressmen who are dependent on very large donations from a tiny segment of the American public,” said Steven Weissman, the institute’s associate director for policy. “That should certainly raise concerns for those people who are worried about equal access to decision makers.”

Er, yes.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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