Source: Billionaire gives $5 million to pro-Gingrich group – Local News – Indianapolis, IN – msnbc.com.
The Washington Post first reported the $5 million contribution. Politico reported last month that Adelson was prepared to spend $20 million to help Gingrich.
Here is another example of the consequences of the recent Supreme Court decision that “money talks”. But of course the court said that is just one person exercising his right to free speech. I, and most rational people, would think that the possible $20 million will offset almost a million other people who simply can’t contribute more than a few bucks.
The ruling that allowed this to happen is a gross misinterpretation of what the founding fathers intended. But this is not the first time the Supreme Court has overstepped its bounds. Look at the Dred Scott decision to see another of the many glaring examples.
The insanity of our current political processes is, as it has in the past, leaked into our judiciary and legislative processes jeopardizing our very existence as a democracy. When, or how will it end? I shutter to think of the possibilities….
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But in fact, most Americans in 2010 paid far less in total taxes — federal, state and local — than they would have paid 30 years ago. According to an analysis by The New York Times, the combination of all income taxes, sales taxes and property taxes took a smaller share of their income than it took from households with the same inflation-adjusted income in 1980.
