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#superpacs — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #superpacs, aggregated by home.social.

  1. So Sergey Brin would be paying upwards of $12 billion (for the one time 5% tax), but he is only currently spending under $50 million on lobbying?

    $50M is only 1/240th of one-time wealth tax? Crazy. Dude is worth $247 billion.

    #SergeyBrin #SuperPacs #Taxes #Wealth

    theguardian.com/us-news/2026/m

  2. The Crypto industry is already engaged in building up and spending SuperPAC money to influence the upcoming 2026 elections with ~ $3 million already spent primarily on special elections in Florida and Virginia.

    Crypto PACs claim they already have $221M cash on hand with an additional
    $100M "committed" but not yet reported publicly.

    Fun Fact: Fairshake, (the largest Crypto PAC by far) is now the #5 most-funded PAC in the country.

    Here is a great tracking web site updated regularly and shows where the $$ are coming from and where they are going to. followthecrypto.org/ #Crypto #Politics #SuperPACS #PACs #FairShake #FollowTheCrypto #CitiationNeeded #MollyWhite #FEC #Elections #2026MidTerms

  3. #Crypto #superPACs have hundreds of millions ready to spend on the #midterms

    With #Trump faltering and their policy agenda incomplete, the crypto industry has moved at least $288 million toward the midterms in a desperate bid to keep Republicans in control of Congress

    Molly White, February 20th 202

    "We’re still eight months out from Election Day, but the cryptocurrency industry has already dumped at least $288 million into the 2026 midterms — more than double what they spent in the entire 2024 cycle, when their $130 million in spending was itself a historic sum that reshaped Congress. That earlier investment bought them Trump, a deregulatory Congress, and the systematic dismantling of financial oversight that they'd spent years demanding. With Republican anxiety mounting as midterms approach, and the crypto industry’s wishlist only partially fulfilled, it seems they’re preparing to spend whatever it takes to finish the job."

    Read more:
    citationneeded.news/crypto-sup

    #USPol #USElections #TechnoFascism #2026Elections

  4. Over the past two decades, the Roberts Court has pioneered and perfected the practice: #Sanewashing
    —defined as “attempting to minimize or downplay a person or idea’s radicality to make it more palatable to the general public”
    —It has become a prominent, if entirely underappreciated, feature of the Roberts Court.

    Relying on judicial sanewashing, the Roberts Court has ERODED:
    #due #process protections,
    political #accountability,
    and civil rights,
    while simultaneously #consolidating #power for itself, corporations, gun owners, Christian conservatives, and state officials who owe their political influence to heavily gerrymandered districts.

    All this has been accomplished while the Roberts Court has sought to present itself as a neutral, nonpartisan institution, free from corporate interests and policy preferences and guided solely by constitutional and democratic principles.

    As the Roberts Court has transformed into a #conservative policymaking body, it has maintained that it is merely fulfilling its constitutional mandate.

    The judicially sanewashed opinions of the Roberts Court haven’t been limited solely to sanewashing the law;
    -- Often, they also involve extensive sanewashing of the facts too.
    For example, in tandem with whitewashing the anti-racist purpose of the Reconstruction Amendments in Shelby County v. Holder,
    the Roberts Court also recast former Confederate states subject to the #Voting #Rights #Act, or VRA, as aggrieved and mistreated, and in need of legal protection by the Court.

    According to the sanewashed facts in Shelby County, the VRA was no longer necessary because racially discriminatory voting practices were “rare”
    and the remaining sections of the statute would be sufficient to protect minority voting rights.
    In the decade since the Court offered those tepid reassurances,
    states formerly subject to the VRA’s preclearance requirements have passed an avalanche of discriminatory #voter #suppression laws
    as the Roberts Court has simultaneously sought to further weaken the law.
    🆘 The Court is now prepared to strike down the remaining vestiges of the statute it promised would remain in place to ensure voting rights remained protected.

    Similarly, when sanewashing the First Amendment to recognize new speech rights by corporations to engage in unlimited political spending in #Citizens #United,
    the Roberts Court tried to assure a skeptical public that dismantling decades of campaign finance regulations would strengthen the integrity of elections and allow voters to hold officials accountable.
    🔥Fifteen years later, the ruling has unleashed a torrent of unregulated corporate spending in American politics,
    enabling #superPACs to raise limitless funds from corporations
    and undisclosed donors to exercise an outsized influence on election results.
    ⭐️Between 2010 and 2024, political spending by super PACs grew from $62.6 million to $4.1 billion.

    Americans are so disgusted with #darkmoney in politics that an overwhelming majority supports a constitutional amendment to overturn Citizens United.ERO

    newrepublic.com/article/204788

  5. Fears About A.I. Prompt Talks of #SuperPACs to Rein In the Industry

    Jack Clark, a co-founder of #Anthropic , an A.I. company that favors more guardrails for the technology. Some of the company’s employees have discussed how to become more involved in #political advocacy.
    #ai #politics #superpac

    nytimes.com/2025/11/25/us/poli

  6. @cindyweinstein
    When push comes to shove - the "truth" of selfish billionaires like #Bezos transpires..

    While the ROW watches in disbelief how #America's #democracy rots from within, as the foul stench, from #ballotbox gaming (read #superpacs) by #billionaires & #corporations and even brazen vote-buying by #evilMusk, unbearably cloaks all vestiges of hope for a better age.
    I quote from Nobel anointed economist Daron Acemoglu: How the world can escape the new Gilded Age
    bangkokpost.com/opinion/opinio

  7. commondreams.org/news/2022/10/

    #FEC suit from #GA voters: unknown donor/s gave over $5M to a new nonprofit, American Coalition for Conservative Policies…split the funds between two more supposed nonprofits…Soon after, about $2.7 million was deposited to 3 #superPACs…then spent with the intention to influence the #2020elections for Senate in #Georgia.The groups never revealed the source of the $5 million that they spent to influence the election.

  8. Fifty years ago, Watergate sparked a national reckoning with the corrosive role of #unregulated #money in our political system.

    Another round of significant reforms is long overdue.

    So what can be done?

    The next Congress can start by passing the
    "Freedom to Vote Act"
    – a broad
    💥democracy reform package that includes a variety of strong provisions to
    rein in Super Pacs,
    curb dark money
    and strengthen enforcement.

    Congress came within a few votes of passing this package in 2022.

    Congressional leaders have affirmed they will make it a top priority in 2025.

    They should renew that commitment at the first opportunity.

    Over the longer term, it is also critical that governments at all levels explore
    💥alternative ways to fund campaigns
    – including through reviving and building on the long-term goal of effective #public #financing.

    The new system that went into effect this cycle in New York state, for instance,
    uses public funds to match small private contributions from candidates’ constituents
    – making it possible for them to rely less on wealthy donors outside of their districts and states.

    New York could be an excellent model for a revitalized federal public financing system.

    #transparency #BigMoney #SuperPacs #individual #donors #dark #money #cryptocurrency #trust #supreme #court #Federal #Election #Commission #FEC