Robert Mercer, a Wall Street hedge-fund magnate who started at I.B.M. and made his fortune using computer patterns to outsmart the stock market, has already put more than $11 million into Ted Cruz’s SuperPAC
Once upon a time in our Good Ol’ US-of-A, presidential contenders and their political parties had to raise the funds needed to make the race. How quaint.
But for the 2016 run, this quaint way of selecting our candidates is no longer the case, thanks to the Supreme Court’s malicious meddling in the democratic process in its reckless Citizens United decision. In that decision, the five members of the Corporate Cabal decreed that “non-candidate” campaigns can take unlimited sums of money directly from corporations. Therefore a very few wealthy powers can pour money into these murky political operations and gain unwarranted plutocratic power over the election process.