When was the last time you contributed $1,000 to a political candidate or cause? If you’re like most people, the answer is “Never—if I have that kind of money it’s in the college savings account.” Well, candidates for the U.S. Senate this election got nearly 64 percent of the money they raised from individuals in contributions of at least $1,000—from just four one-hundredths of one percent of the population. Billion-Dollar Democracy, the latest Demos and U.S. PIRG Education Fund analysis of the role of money in the 2012 elections, reveals what most Americans already know: political power in ... Read More