Why do some political donors give equally to both candidates?
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I consider Billionaires who fund candidates and super PACs to be great patriots since they’re using their money altruistically to try to improve our country, if only by preventing every TV ad from being one for Verizon. But I got nervous about money’s corruption of our political system when I noticed that several people in local L.A. elections had given equally to both candidates. When people are giving money that cancels itself out just to be assured they’re on the winning side, that’s when it stops being democracy and starts being venture capital.
Using public records, I built an algorithm that created a spreadsheet showing that about 160 Americans donated to candidates for the Senate or the House who are running against each other from different parties this November.