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Where Kamala Harris Gets Her Campaign Money

16-8-2024 < SGT Report 20 730 words
 

by Eric Zuesse, The Duran:



According to OpenSecrets, on August 14th,, the Harris For President Campaign Committee has raised $294,201,819, of which 60.19% has come from “Large Contributors” (at least $200) to the campaign.


In addition: “Future Forward USA,” a “hybrid PAC/super PAC” that advertises ONLY for Democratic Party political campaigns, donated (spent for her campaign) $134,220,791.


Two other such organizations, “American Bridge 21st Century” and “The Lincoln Project,” together donated around $50 million.


TRUTH LIVES on at https://sgtreport.tv/


Political campaigns in America are overwhelmingly predominantly funded by fewer than 1% of the people who are registered to vote. There are about a thousand American billionaires, and even merely the richest 400 of them account for 29.86%, virtually 30%, of ALL the political campaign money. A 2020 academic study (cited on page 80 here — p. 86 of the pdf document) found that, “In 2016, 15,810 individuals, less than 0.0001% of the American population, accounted for half of all political contributions.202”


As I have reported, armaments manufacturers (such as Lockheed) have, ever since 1990, been far higher-performing investments than other Industrials, and than the stock-market as a whole; so, one may reasonably assume that billionaires, since their net worths have risen enormously more steeply than that of the rest of the population ever since 1980, are and have been exceptionally heavily invested in armaments manufacturers (the companies that that sell their products to the Government and that PROFIT FROM WARS).


Both of America’s two political Parties are controlled by the billionaires, and are bringing us closer and closer to a WW3, so that we are now closer to a world-annihilating nuclear war even than during the Cuban Missile Crisis of 1962. (How much attention are the billionaires-controlled ‘news’-media paying to this, which ought to be dominating the front pages everywhere?)


Specifically as regards Kamala Harris: the military dot com news siite headlined on July 25th, “Defense Secretary [Lloyd] Austin Says Kamala Harris Was Always Part of Major National Security Decisions”; “’I’ve seen her help the team, help the president work through some very, very complex issues,’ Austin said, adding that ‘she is a key player.’” Biden and Austin know about our nation’s now annual $1.5 trillion military spending, of which around $900 billion is being paid through the Defense Department, and the rest through other Departments. All of the world’s other 200 nations together spend also $1.5T per year on their militaries; and, so, America spends actually half of the entire planet’s military spending, and I have explained how and why this is done. But the bottom line is that Kamala Harris is one of the persons responsible for it being the case, just as President Biden is, and just as Donald Trump is, and just as Barack Obama is, and just as George W. Bush is, and just as Bill Clinton is. They all are part of the same corruption, which drains money from ALL NON-‘DEFENSE’ SPENDING, even at the same time it causes our nation’s federal debt now to be $35 trillion, which our children and grandchildren will be needing to pay off. Far more than half of all “discretionary” or congressionally budgeted spending by the U.S. Government goes to the military, which is sucking out all of the spending for the things and services that the public needs for their health care, education, social welfare, environment, and infrastructure. Our country is being bled dry by these people — for the benefit of our billionaires, who, basically, fund them.


Obviously, anyone who votes for one of the two Parties’ Presidential candidates is voting for WW3. This is what America’s ‘democracy’ has come to. I publicly challenge anyone to deny it — to allege that ANY source that I have linked-to here is false or in any way untrustworthy. (I have carefully vetted each and every one of them, and would not cite or link to them if I hadn’t.) What is untrustworthy are the arguments to vote for Trump, or for Harris. Without a doubt, WW3 is the one issue that is both existential and urgent. A candidate who is dangerous on that issue is unacceptable, and BOTH of the major-Party candidates are that.


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